Economy

BB raises cash withdrawal limit to Tk4 lakh daily

Shawdesh desk: Bangladesh Bank (BB) has ordered commercial banks not to allow cash withdrawals of more than Tk4 lakh per account daily. Earlier, the limit was Tk3 lakh. The central

RMG supply chain disrupted by flood

Shawdesh desk: The country’s apparel makers on Saturday said that the recent flooding had disrupted the readymade garment sector supply chain by submerging the Dhaka-Chattogram highway and sought alternative routes

Interbank dollar rate raised to Tk 120 each

Shawdesh Desk: The Bangladesh Bank has increased dollar rate to Tk 120 each, responding to rising demand and low supply of the greenback in the market. The inter-bank dollar increased to

Elevated expressway’s Mohakhali ramp opens to traffic

Shawdesh desk: The authorities on Thursday afternoon opened the entrance ramp of Dhaka Elevated Expressway in Mohakhali area in Dhaka after about a month. At the ramp the toll is

Global unions urge brands to stand by Bangladeshi workers

Shawdesh desk: Two global union federations — Union Network International and IndustriALL — have urged global fashion brands to remain committed to Bangladesh amidst the country’s political upheaval, emphasising the

Prices of rice, vegetables go up

Shawdesh Desk: The prices of rice and some vegetables, including green chillies went up while the prices of broiler chicken and eggs decreased slightly on the kitchen markets in the

Prices won’t drop overnight, but people to get relief soon: Salehuddin

Shawdesh Desk: The prices of daily essentials will not come down overnight, but people will get relief immediately, said Dr Salehuddin Ahmed, Adviser to the Ministries of Finance and Planning

Crisis in banking sector: Depositors’ concerns grow amid turmoil

Shawdesh Desk: Amidst the ongoing instability and recent changes in government, the already troubled banking sector in Bangladesh is encountering fresh turmoil. Protests demanding changes in bank ownership and related