Dhaka | Dhaka City | Bangladeshi News
Dhaka | Dhaka City | Bangladeshi News
For the past few years, economists and researchers have been demanding to increase interest on bank loans to bring inflation under control. Bangladesh Bank did not pay any attention to this. However, on January 17 this year, Bangladesh Bank adopted contractionary monetary policy. To control inflation, Bangladesh Bank has slightly increased the policy interest rate […]
After a lot of trials, tests and moves, Bangladesh Bank finally accepted the IMF's conditions and adopted a new foreign exchange system. The crawling peg is not completely market-based. The dollar will remain at a moderate rate, like currently 117 taka. The exchange rate will remain around this. It is not that this will solve […]
According to Bangladesh Bank data, total investment by Bangladeshis abroad increased last year, but net investment decreased. This is because a large amount of foreign investment was withdrawn last year. For example, Bangladeshis invested $22.2 million in Hong Kong last year. In comparison, $2.8 million was withdrawn from existing investments in the country. As a […]
Dhaka University lecturer Tanvir Habib elaborated on the interests of major powers like India, China, Japan, France and Russia in the region. He mentioned India's special understanding and strategic approach towards the Bay of Bengal. The director said the Bay of Bengal is a key location for Indian Navy operations, impacting both India's security and […]
Fitch Ratings downgraded Bangladesh's long-term foreign currency issuer default rating to 'B+' from 'BB-' in a report on Monday. The downgrade to 'B+' reflects the continued weakening of Bangladesh's external buffers, which may prove challenging to substantially reverse despite recent policy reforms, leaving the country more vulnerable to external shocks. Policy action since early 2022 […]
Fitch Ratings downgraded Bangladesh's long-term foreign currency issuer default rating to 'B+' from 'BB-' in a report on Monday. The downgrade to 'B+' reflects the continued weakening of Bangladesh's external buffers, which may prove challenging to substantially reverse despite recent policy reforms, leaving the country more vulnerable to external shocks. Policy action since early 2022 […]
These include bridge over Padma river, metro rail in Dhaka, tunnel under Karnaphuli river, expressway, modern international airport in Dhaka, power plants, etc, he said. He said that the legal and financial infrastructure is also being enhanced, and this has strengthened our domestic and regional connectivity. Sheikh Hasina said Bangladesh is currently one of the […]
By then a section of people may ask whether it is their responsibility to rebuild institutions. In this storm of change, the then leadership may also say, 'What is the point of bearing the burden of so many institutions?' The effectiveness of institutions is a matter that is generally beyond the understanding of common people. […]
The Willy Brandt Commission originally divided the countries of the world into two parts based on their per capita income. This is commonly known as the Brandt Line. From here on, the countries of the world were divided into 'North' and 'South' based on their economic potential. In this sense, the Global South is not […]
prothom hello , We see that the value of the dollar is increasing. Now the government has used the crawling peg system to devalue the taka. Many people say that this should have been done earlier. What do you say? Can this creeping peg measure make any difference now? Zahid Hussain There are questions about […]
Four months after the general elections in Bangladesh, Donald Lu arrived in Dhaka on 7 May on a two-day visit. Earlier, before the elections, he had visited Bangladesh twice in January and July last year. Evaluating Donald Lu's visit, diplomatic affairs analysts say that America's uneasiness regarding China's ever-increasing influence in the region is not […]
