A Japanese official said to the reporters at a conference on December 25 that volatility was rising in the currency market and the government stands ready to take necessary steps if the market becomes too erratic. “Volatility is going up. Each country shares the G7/G20 view that excess volatility and disorderly
Economy
US-China trade war may benefit Bangladesh
CANADIAN INVESTORS URGED TO INVEST IN BIGGER WAY
Bangladesh has urged Canadian investors and Bangladeshi Diaspora to bring in bigger investment here. Commerce Secretary Shubhashish Bose made the call while addressing a 'luncheon meeting' for attracting Canadian Diaspora organized by Canada Bangladesh Chamber of Commerce and Industry or CanCham Bangladesh in the city recently in the last month. Canadian High
Bangladesh tops list of growth rate of high net worth individuals: economists give mixed reactions
Bangladesh’s economists have welcomed the recent news of the country topping the list with the highest growth rate of the ultra rich, albeit with reservations. They pointed out that it is a “sort of good news”, interpreting it as an indicator of the country’s overall macroeconomic development. They, however, termed the growing
AIIB KEEN TO INVEST IN WATER MANAGEMENT, COMMUNICATION PROJECTS
Asian Infrastructure Investment Bank (AIIB) is interested to invest in the country’s water management and communication projects aimed at turning Bangladesh as a developed nation in the global arena. “We want to expand our investment in Bangladesh. We are looking forward to invest in municipal water supply and communication sector development,”
Muhith seeks IFC cooperation in securing more FDI
Finance Minister AMA Muhith has sought cooperation of the International Finance Corporation (IFC) to increase the flow of foreign direct investment (FDI) in the country. "We need all kinds of assistance in all sectors in both public and private sectors. We need deeper engagement of IFC," he said while addressing a
CELL IN STATE-OWNED COMMERCIAL BANKS TO MONITOR, RECOVER DEFAULT LOANS
UNICEF France accepts crypto donations
The French office of the United Nations Children’s Fund (UNICEF) has announced that it will begin to accept donations in cryptocurrency. Following the success of GameChaingers, a crypto fundraising program launched in February of this year, UNICEF France announced it is now accepting donations in nine cryptocurrencies, including bitcoin, ethereum, Litecoin,
GOVT EASES GUIDELINES FOR QUICK DISBURSEMENT OF DEV FUNDS
The government has amended the guidelines for disbursement and utilisation of budgetary allocations for the development projects aiming to speed up implementation of Annual Development Programme (ADB). Project directors of development projects will now be able to use funds for their respective development projects in line with the budgetary allocations from
NEXUSPAY IS THERE TO CHANGE THE GAME IN THE MARKET
Dutch Bangla Bank Limited (DBBL) has always been at the forefront of a new technology innovation and adaptation in Bangladesh’s banking sector. I would say this is happening here because we have leaderships both in our management and in our board who are very adept in envisioning the future. Our launching
