The International Monetary Fund (IMF) has lauded Bangladesh for recent introduction of the Crawling Peg Mid-Rate (CPMR) system which is helping foreign exchange reserves going forward. "The transition to a crawling peg with the band exchange rate arrangement is a welcome step toward greater exchange rate flexibility. The increased flexibility should
Tag: Dhaka
IMF welcomes Dhaka’s progress in creating roadmap to reduce NPLs
The International Monetary Fund (IMF) has welcomed Bangladesh for progress in creating a roadmap to reduce the non-performing loans (NPLs). "Priorities should focus on reducing NPLs, implementing risk-based supervision, and enhancing corporate governance. In this context, we welcome the authorities' progress in creating a roadmap to reduce NPLs, but this process
EBL opens ATM services at Dhaka metro rail station
As part of its commitment to expanding digital banking services, Eastern Bank PLC. (EBL) introduces ATM services at Dhaka metro rail stations. The first ever ATM set up at Agargaon metro station will provide 24/7 seamless services to metro rail passengers and others. The ATM was formally inaugurated by M. A.
Dhaka to work with nations supporting our dev: PM
Prime Minister Sheikh Hasina Sunday said Bangladesh would rather work with those countries which will help in Dhaka's journey towards development and prosperity not taking into consideration who engages in war with whom. "I first consider the development of my country. I will move ahead with those who will help us
Urban afforestation project to be implemented in Dhaka: Saber
Environment, Forest and Climate Change Minister Saber Hossain Chowdhury said the Urban Afforestation Project (UAP) will be implemented in Dhaka to keep the temperature bearable. "Certain amount of greenery is needed to keep the environment of a city livable. So, an Urban Afforestation Project will be implemented in Dhaka to keep
Dhaka seeks preferential trade benefits to UK market until 2032
Bangladesh has sought preferential and duty-free quota-free market access for Bangladeshi exportable, including apparels, into the British market until 2032 to support the sustainable LDC transition. Foreign Minister Hasan Mahmud discussed the issue when UK Minister of State for Indo-Pacific Anne-Marie Trevelyan met him at his office at the Ministry of
Overwhelming heat exacerbates health challenges across Dhaka
A prolonged heatwave has significantly increased patient admissions in hospitals throughout Dhaka, with the city's medical facilities struggling to cope with the additional burden. Most admissions involve heatstroke, fever, cold, diarrhoea, and pneumonia, ailments that disproportionately affect children. Patients and their families face severe heat within hospital premises as well, worsening conditions
Dhaka Regency celebrating Boishakhi Eid with Exclusive Offers
Dhaka, Thimphu to sign 3 MoUs during King’s visit: FM
Foreign Minister Dr Hasan Mahmud today said three new memorandums of understanding (MoUs) will be signed between Bangladesh and Bhutan while another MoU will be renewed during the visit of Bhutanese King Jigme Singye Wangchuck in Bangladesh. "We have multifaceted relations with Bhutan," he said this at a curtain raiser briefing
Dhaka, Seoul to ink MoU on carbon market soon: Saber
Environment, Forest and Climate Change Minister Saber Hossain Chowdhury on Thursday said a Memorandum of Understanding (MoU) on Article 6 of the Paris Agreement, which governs carbon markets, is expected to be finalised within two months. "The finalised MoU on Article 6 will be a step forward in solidifying this partnership