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The Financial Express

/ Economy / Bangladesh

ADP execution 26pc in first half

The government agencies' execution of projects in the first half of this fiscal is poor as they spent only 26 per cent of the annual development programme (ADP). They utilised 27 per cent of the Tk 1.80-trillion ADP outlay in...

Average inflation up, marginally, in 2019

The average inflation rate has increased by 0.04 percentage points...

H1 corporate taxes from large units miss target by Tk 5.67b

At least five large commercial banks paid less in corporate...

Govt sets RMG export target at $50b in FY21

The government has set a target of $50.0 billion readymade...

Living cost rises 6.5pc in 2019: CAB

Living costs increased by 6.5 per cent in Dhaka in...

VAT waiver of land mutation fees likely

The government is considering exempting 15 per cent VAT on...

After reserves, hackers now target export proceeds

The central bank has asked all banks to remain cautious...

$10m fund set up to boost exports

A $10-million financial grant, Export Readiness Fund (ERF), was launched...

Lending, deposit interest rates: BB asks committee for fresh report

A central bank committee has been reassigned to prepare a...

Private sector to be allowed to set up finance cos

The government is preparing a new law that will allow...

'Move to send 750,000 workers aboard in Mujib Year'

Expatriates’ Welfare and Overseas Employment Minister Imran Ahmad on Sunday...

Manpower export awaits 'big boost' in 2020

The government is planning to send more workers abroad in...

Vegetable can expedite pace of economic progress: Agriculture minister

Terming vegetable farming as a potential sector of the country,...

One-fourth of approved projects get revised in 2019

The top economic policymaking body has revised a good number...

Private credit unlikely to grow: Bankers

Private credit growth is unlikely to pick up in the...

'Bangladesh economy to outshine Malaysia, Singapore, Hong Kong by 2024'

Bangladesh’s economy will outshine the economy of Malaysia, Hong Kong...

Private sector credit growth drops below 10pc

Before bringing down the lending rates to single digit, the...

Gear up efforts to ensure duty-free market access

The government on Thursday directed the Bangladesh missions abroad to...

Foreign aid rises by 9.0pc in Jul-Nov

Foreign aid commitment to Bangladesh dropped by 47 per cent...

Banks’ rural branches rise to 10,467

Banks are fast expanding into rural areas to bring the...

Medium-term strategy: 'Revenue think-tank' to support formulation

The government has decided to establish a 'revenue think-tank' to...

Remittance rises by 18pc in 2019

Inward remittance grew by nearly 18 per cent to a...

Single-digit interest rate likely from April: Minister

Finance Minister AHM Mustafa Kamal on Wednesday said the implementation...

Flashback 2019 Economy: RMG sector faces ups and downs

The country's readymade garment (RMG) sector went through ups and...

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