Economy

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...

Bangladesh and India Strengthen Ties with 10 New MoUs

Bangladesh and India have signed ten memorandums of understanding (MoUs), including seven new and three renewed agreements, further solidifying their bilateral relationship. The signing...

Leaders to Unveil Vision for Bangladesh-India Relations

Bangladesh and India are set to reveal a pivotal "vision statement" on Saturday, outlining the future direction of their bilateral relations. This announcement is...

World Bank Funds $900M for Bangladesh’s Climate Resilient Future

The World Bank’s Board of Executive Directors approved two significant projects on Friday, totaling $900 million, aimed at bolstering Bangladesh's fiscal and financial sector...

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