The Awami League governments had borrowed heavily from local and foreign sources over the 15 years with the Sheikh Hasina government leaving behind a legacy of Tk 18.36 trillion in debts, mostly taken from domestic sources, and in particular from the country’s banking sector, according to an analysis of data on foreign and domestic borrowings…
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Bangladesh has retained the second position in global garment trade with 7.4 percent market share although the country’s exports, according to the World Trade Organisation (WTO), was $9 billion less than the estimates of the Export Promotion Bureau (EPB). The WTO in its flagship “World Trade Statistics 2023” released on July 31 said Bangladesh exported…
Referring to the countrywide recent havoc and atrocities, Prime Minister Sheikh Hasina today said that she had an apprehension there might be a strike like this by the BNP-Jamaat clique to pull down the country’s prosperity. “They (BNP-Jamaat) had wanted not to hold the elections, but we had arranged the elections. After the election they…
Prime Minister and governing Bangladesh Awami League president Sheikh Hasina Tuesday called upon the leaders and workers of her party and its associate bodies, affluent section of the society and well-wishers to extend hands of cooperation to the country’s lower income, poor and working class people. In a statement, she said the life and livelihood…
Bangladesh and China elevated their bilateral relations to “strategic partnership” from trade and economic cooperation when Chinese President Xi Jinping visited Dhaka eight years ago. Bangladesh also joined the country’s Belt and Road Initiative (BRI), the main enterprise of China’s foreign and strategic policies, at that time as well. This time China is keen to…