Economy

China Vows Continued Support for Bangladesh’s Development

China has reaffirmed its commitment to supporting Bangladesh's development across various sectors, according to Liu Jianchao, Minister of the International Relations of the Communist...

China Supports Bangladesh’s BRICS Bid and Duty-Free Access Extension

Liu Jianchao, Minister of the International Department of the Communist Party of China (IDCPC) Central Committee, assured Bangladesh of China's support for its bid...

Bangladesh’s Energy Sector Faces Budget Cuts Despite Growing Needs

Finance Minister AH Mahmood Ali recently unveiled the 53rd national budget, proposing Tk 7,97,000 crore, with the energy and power sector securing a mere...

Bangladesh Sees Record $6.83 Billion in LC Openings Amid Forex Crisis

Bangladesh witnessed its highest Letter of Credit (LC) openings in nearly two years, amounting to $6.83 billion in May 2024, despite an ongoing foreign...

EU Boosts Aid for Cyclone Remal Victims with Additional €0.7 Million

The European Union (EU) has pledged an additional €0.7 million to support those affected by Cyclone Remal, bringing its total contribution to nearly €2...

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