Global Covid-19 cases top 95 million mark By UNB | Last Updated: 18th January, 2021, 10:42

The total number of COVID-19 cases in the United States topped 23,928,643 as of Monday while the death toll climbed to 397,532

Global Covid-19 cases top 95 million mark

Australia unlikely to open border in 2021: health official Australia unlikely to open border in 2021: health official

Australia’s border has been largely closed to overseas visitors since March 2020 to stem the spread of Covid-19


Half-yearly ADP progress slips amid corona Half-yearly ADP progress slips amid corona

The boss of the project watchdog also informed that IMED is in talks with seven or eight ADP executing agencies


Sending money through legal channels boosted remittance inflow: Webinar 'Sending money through legal channels boosted remittance inflow'

Dr Mustafizur mentioned positive impact of the 2 percent incentive on remittance


Country sees boost in imports Country sees boost in imports

Experts see the rise in imports as a good sign for the country’s economy, explaining that a rise in imports means increasing investment and impetus to the economy as a whole


Elevated expressway project to linger for 3 more years Elevated expressway project to linger for 3 more years

Once in operation, the expressway is expected to contribute to hassle-free road connectivity from the southern areas to north areas


Govt agencies not allowed to purchase cars above 3000CC Govt agencies not allowed to purchase cars above 3000CC

The instruction came up at a secretary-level meeting with cabinet secretary Khandker Anwarul Islam in the chair


Govt cuts LNG supply amid record tariff hike Govt cuts LNG supply amid record tariff hike

Some 400mmbtu of imported LNG will be supplied to the grid until February, down from the regular volume of 550- 650mmbtu


Ireland set for 1 bn euros from EU Brexit fund Ireland set for 1 bn euros from EU Brexit fund

The funds are being allotted according to how integrated each member was with the UK economy


School Banking Accounts: BB asks NBR to adjust tax at source  

School Banking: BB asks NBR to adjust tax at source

The central bank has made the recommendation on condition of submitting e-TIN of the parents in favour of school banking accounts


No alternative to efficiency in power sector: Nasrul No alternative to efficiency in power sector: Nasrul

Nasrul Hamid said cyber security and physical security instructions are needed to ensure safety of each grid or power plant


NBR to arrange lottery with VAT invoices NBR to arrange lottery with VAT invoices

In a statement on Sunday, NBR said that Electronic Fiscal Device Management Systems (EFDMS) has been introduced to ensure transparency in payment of VAT


Tech investment to witness double-digit growth this yr Tech investment to witness double-digit growth this yr

Five hi-tech parks are ready for local and international investment


Farmers frustrated over falling onion prices Farmers frustrated over falling onion prices

The onion price started to fall sharply after India announced to lift the ban on the export from January 1 last


Woven exports fall, knitwear sector rebounds Woven exports fall, knitwear sector rebounds

Sector insiders said though the woven sector was the best performing sector, it started slowing down since the beginning of corona pandemic that hit hard the global supply chain


Current downtrend in export likely to continue till April: BGMEA President Current downtrend in export to continue till April: Rubana

She said the uncertainties and stresses caused by the second wave of Covid-19 still persists


Govt may extend power import deal with India Govt may extend power import deal with India

The Indian state-owned NTPC Vidut Vyaper Nigam Ltd (NVVN) has already made a proposal to extend the PPA


World Bank prediction on Bangladesh economy inconsistent: Finance Minister World Bank prediction on Bangladesh economy inconsistent

Finance Minister AHM Mustafa Kamal has said that the World Bank is not consistent in its prediction


Govt to procure 12.85 lakh MT fuel oil for Jan-June period Govt to procure 12.85 lakh MT fuel oil for Jan-June period

CCGP approved nine proposals including one for procuring 12.85 lakh metric tons of refined fuel oil


Govt aims to recover imports as economy accelerates over next three fiscals Govt aims to recover imports as economy accelerates over next three fiscals

The import growth in 2018-19 fiscal was 1.8%, according to official numbers


Bangladesh can afford more borrowing to address COVID-affected economy: BB Bangladesh can afford more borrowing to address COVID-affected economy: BB

Bangladesh now can afford more borrowing to address the economic fallout from COVID-19 pandemic


Tk 148bn stimulus packages likely in FY ’22 Tk 148bn stimulus packages likely in FY ’22

The package will be spent on subsidy in working capital interest and credit guarantee schemes to support economic recovery from the COVID-19 crisis


Remittances: First 6 months of fiscal sees over 37 percent growth Remittances: First 6 months of fiscal sees over 37 percent growth

The number for December 2020 was around $2.05 billion ($2,050.64mn), compared to $1.7 billion ($1,691.68mn) in 2019


Social safety net to expand to Tk 1.01tn in FY22 Social safety net to expand to Tk 1.01tn in FY22

The allocation will be 17.04 percent of the fiscal budget or 2.84 percent of the GDP


Wall Street to kick out Chinese telecom giants Wall Street to kick out Chinese telecom giants

The three firms' shares are thinly traded in the US compared to their primary listings in Hong Kong


Economy braces for new challenges in 2021 Economy braces for new challenges in 2021

The World Bank in June in its forecast envisions a 5.2 per cent contraction in global GDP in 2020, despite the extraordinary efforts of governments


IFAD to provide US$18.07 million to Bangladesh for COVID-19 recovery activities IFAD to provide US$18.07 million to Bangladesh for COVID-19 recovery activities

This additional loan will finance activities from January 2021 to December 2022 


Tk 5.92 trillion budget likely in FY22 Tk 5.92 trillion budget likely in FY22

Revised budget outlay for the current 2020-21 fiscal year is going to be downsized by 5.28 per cent to Tk 5.3 trillion from Tk 5.68 trillion


Flashback in Outgoing 2020: Corona hits hard RMG sector Flashback in Outgoing 2020: Corona hits hard RMG sector

During the February-April period, apparel makers faced cancellation of export orders worth about $3.18 billion that slightly started rebounding from July


Economy looks to get past a year of damage control Economy looks to get past a year of damage control

Economists are hopeful that 2021 will be the year to turn things around


Forex reserves hit record high of over $43 billion Forex reserves hit record high of over $43 billion

Earlier, the previous highest reserves amounting over $42 billion were recorded on December 15 this year


ADB provides $200m loan to improve rural electricity access ADB provides $200m loan to improve rural electricity access

The additional loans will scale up the ongoing $616 million Bangladesh Power System Enhancement and Efficiency Improvement Project, which ADB approved in 2017, said a press release


8th 5-year Plan Okayed: Govt sets target of 8.51pc GDP growth 8th 5-year Plan Okayed: Govt sets target of 8.51pc GDP growth

The new mid-term plan, touted as the main tool for attaining Sustainable Development Goals, eyes to create 113,30,000 new jobs by FY25


Bangladesh sets export earnings target at 15% this fiscal Bangladesh sets export earnings target at 15% this fiscal

In the last financial year, the country's export earnings suffered a whopping 17% negative growth


Bangladesh to be 25th largest economy by 2035 Bangladesh to be 25th largest economy by 2035

The country will be the 34th largest economy in the world by 2025 continuing to be 2nd in South Asia


Mobile banking sees 19pc fall in active users in a month Mobile banking sees 19pc fall in active users in a month

The number of active MFS accounts was 41.03 million in September this year, which slipped to 33.29 million at the end of October


Chinese economy to overtake US 'by 2028' due to Covid Chinese economy 'to overtake US by 2028'

India is tipped to become the third largest economy by 2030, according to UK-based Centre for Economics and Business Research (CEBR)


High-level committee formed to spur LoC projects High-level committee formed to spur LoC projects

In the last 10 years, India has committed for a total of $7.5 billion credit support to its next door neighbor Bangladesh under three LoCs but only $1.26 billion has so far been disbursed


Remittance keeps economy strong amid corona Remittance keeps economy strong amid corona

Bangladesh received about $21 billion remittance till December 17, 2020


DCCI launches Membership Online Service DCCI launches Membership Online Service

Dhaka Chamber of Commerce & Industry (DCCI) has created a separate online portal “Membership Online Service”

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