Economy

Remittance fell in Sept due to exchange rate volatility: Bangladesh Bank

Shawdesh Desk: Bangladesh Bank spokesperson Md. Serajul Islam on Tuesday blamed the extreme volatility in the forex market in recent months on the global strength of the dollar against almost

Hilsa sale peaks as price drops

Shawdesh desk: The price of hilsa has dropped slightly as the fishermen are netting plenty of fish in different river estuaries, including the Bay of Bengal. The sale also gained

Widening Trade Gap: Alternative currencies to be challenging for Bangladesh

Shawdesh Desk: An alternative to the US dollar in international trade will be challenging for Bangladesh due to its huge trade gaps with India and China, economists have said, advocating

Bangladesh Bank cuts interest rate of loans under garment industries dev funds

Shawdesh Desk: Bangladesh Bank has cut the interest rate for loans from the special fund for development of garment factories from 7 to 5 percent. Bangladesh Bank is implementing the

Unilever CEO to step down end 2023

Alan Jope, chief executive of Unilever, will retire his role at the end of 2023, the British consumer goods group announced Monday. Scotland-born Jope, who this year came under fierce

Vegetables, eggs prices soar

Shawdesh desk: The price of vegetables and eggs have risen in kitchen market in the capital. Although there are huge supply of vegetables in the kitchen market, low-income people are

Bangladesh yet to allow Rupee in foreign trade: BB

Shawdesh desk: Bangladeshi businesses will not be able to use Indian Rupee for foreign trade as Bangladesh Bank is yet to enlist Rupee to settle letters of credit. BB spokesperson

City Bank makes 340 percent profit abusing dollar crisis, contributes to inflation

Shawdesh Desk: Various banks in the country have made desperate profit taking chance of and abusing dollar dilemma. The City Bank Limited, one of the leading private banks in the