Forex holdings in banks fall in August

Commercial banks witnessed a drop in foreign currencies last month from that in the preceding month mainly due to a sharp fall year-on-year in the inflow of remittance and a relatively small growth in export earnings.

US dollar gets costlier

The Bangladesh Foreign Exchange Dealers' Association (Bafeda) and the Association of Bankers' Bangladesh (ABB) increased the rate at a virtual meeting

Price capping a windfall for syndicates?

Every time the government tried to fix the price of a good or service, it unwittingly ended up offering a financial bonanza to the market syndicates. From potato to rawhide, from LPG to onions, from fertiliser to sugar, from saline to edible oil, there is rarely any success to speak of.

Banks asked to work together to stabilise forex market

The central bank instruction came from a meeting between Governor Abdur Rouf Talukder and a delegation of the Association of Bankers Bangladesh (ABB)

Nine killed in Taiwan golf ball factory fire

At least nine people were killed in a fire at a golf ball factory in southern Taiwan over the weekend, including four firefighters who died in an explosion, officials said Monday

US wants govt action against counterfeit apparel exports

The United States has urged Bangladesh to take action to address the export of counterfeit clothing items from the second-largest garment supplier to the world’s largest economy.

The Political Origin of Hunger in Bangladesh

Historical evidence suggests that almost every year before independence in 1971, present-day Bangladesh consistently grappled with a widespread shortage of food grains.

Bangladesh 22nd among conflict-ridden countries

Bangladesh ranks 22nd among the world’s 50 most conflict-ridden countries, according to an index by a US nonprofit.

No strains on US-Bangla ties

Foreign Minister AK Abdul Momen yesterday ruled out any tension between Bangladesh and the US after Washington implemented its visa policy on people deemed “complicit in undermining the democratic election process in Bangladesh”.

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Dengue death toll crosses 900

This month witnessed more than 300 dengue deaths as the toll crossed 600-mark on Sept 2; 700 on Sept 8; and 800 on Sept 16

Morata scores twice as Atletico outclass Real Madrid with 3-1 derby win

Alvaro Morata scored a brace to help Atletico Madrid deliver a statement performance as they outclassed city rivals Real Madrid in a 3-1 derby win in LaLiga on Sunday.

What's at stake with a politicised bureaucracy

The EC needs assistance from all stakeholders to hold a free and fair election come January.

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Exporters’ dollar retention limit lowered again 

Traders are allowed to keep a portion of their earnings in the export retention quota (ERQ) accounts to settle back-to-back letters of credit liabilities without facing exchange losses.

US visa policy / Media may come under its purview: Haas

US Ambassador to Bangladesh Peter Haas yesterday said media in Bangladesh may also come under the purview of the US visa policy.

US visa policy won’t affect police: DMP

Bangladesh Police won't be affected by the new US visa policy, according to DMP Spokesperson Faruk Hossain

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AL ‘peace rally’ starts at south gate of Baitul Mukarram

Ruling Awami League has started its "peace rally" at the South Gate of Baitul Mukarram National Mosque in the capital this afternoon

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New drug ‘Devil's breath’ seized for first time in country

A team of Detective Branch of police have seized a drug "Scopolamine", also known as "Devil's breath", and arrested two from Narayanganj for their involvement in selling the drug on an online platform

Send Khaleda abroad for treatment

A platform of lawyers under the banner of United Lawyers Front (ULF) yesterday organised a road-march programme near the Supreme Court demanding the government to send BNP Chairperson Khaleda Zia abroad for her better treatment

Gangrape in Feni: Swechchhasebak League leader among 2 lands in jail

A Feni court today sent a local Swechchhasebak League leader and one of his associates to jail in a case filed over gangraping a teenage girl in the district’s Sonagazi upazila