- Case filed over JU student's death caused by e-rickshaw on campus
- Standing beside people armed forces became symbol of confidence: Chief Adviser
- Bashundhara Shuvosangho supports human chain against attack on students
- Hollywood films ‘Wicked’ and ‘Red One’ set to premiere in Bangladesh
- Bangladesh tennis team beat Yemen
- Advisor Syeda Rizwana Hasan urges for minimum and grant-based Allocation in COP29 negotiations
- Nations criticise vague climate finance deal at UN talks
- We’re reviewing election irregularities, plans punishment: Badiul Alam Majumder
- Death toll in Gaza surpasses 44,000
- International Criminal Court issues arrest warrants for Netanyahu and Hamas officials
- Dengue takes 9 lives in 24 hrs
- Govt unveils treatment plan for injured in July-August movement
- Battery rickshaw blockade suspended until Saturday
- Akbar to be banned for two NCL matches
- Two bodies recovered in Naogaon
- Chief Adviser proud bringing Khaleda Zia to Senakunja
- I believe in free, fair, and credible election: CEC
- Shafik Rehman secures bail
- Former UK Deputy Prime Minister John Prescott dies at age 86
- Khaleda Zia makes first public appearance at Senakunja in 12 years
LC Margin for fertilizer imports relaxed
The import procedure for fertilizer has been streamlined to ensure a steady supply to farmers at the grassroots level. The Bangladesh Bank has relaxed the LC (letter of credit) margin for fertilizer imports, allowing LCs to be opened with a minimum margin, depending on the bank-customer...
Trump secures victory in North Carolina as Republicans gain control of the Senate
Republican Donald Trump defeated Democrat Kamala Harris in the crucial battleground state of North Carolina, according to projections from Edison Research, bringing him closer to completing a remarkable political comeback. The race remained undecided in six other states, which were expected to...
Industrial production slumps amid investment crisis
The country is experiencing stagnant investment due to various issues, including high interest rates, instability in industrial zones and a power and energy crisis. This has stunted job creation, and industrial production has hit rock bottom. Amid the push to create extensive employment for...
Decline in LC opening and settlement
In the latest quarterly report, Bangladesh Bank (BB) has revealed a decline in the opening and settlement of letters of credit (LCs) during the first quarter of the current financial year, spanning July to September. The report indicates that the total number of LCs opened fell by approximately 7...
Concern over December order
Europe and America stand as Bangladeshs largest export markets, especially during the festive Christmas season when shoppers flock to branded stores for extensive sales. In this winter, eager customers rush to buy new clothing, and a significant number of apparel buyers look for Bangladeshi...
Businessmen are under pressure
The countrys banks have no liquidity. Customers are coming back from the banks and are being aggrieved. Foreign banks do not guarantee open Letters of Credit (LCs). Murder cases were registered against many businessmen. Bank accounts of many businessmen were suspended. Fearing the future...
Foreign banks reluctant to issue LCs for some banks in the country
Many foreign banks are now hesitant to accept letters of credit (LC) from Bangladeshi banks, despite a recent improvement in dollar liquidity within the country. While the increased dollar supply has eased pressures related to import liabilities and foreign debt repayments, local banks remain...