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-- 2022-05-16 17:22:16
A two-member delegation from Flanders Investment and Trade (Belgium), led by its Trade and Investment Commissioner Babette Desfossez, has made a courtesy call on Executive Chairman of BEPZA Major Gene...
-- 2022-05-16 15:00:40
India's ban on exports of wheat due to the heatwave that hit crops has raised the prices of the staple cereal in the international markets. Domestic prices in the South Asian country ascended to a...
SIDDIQUE ISLAM 2022-05-16 12:21:58
The exchange rate of Bangladesh taka (BDT) has dropped significantly against the US dollar (US$) mainly due to higher demand for the greenback for settling import-payment obligations. The local...
-- 2022-05-15 16:05:27
Afghanistan faces a budget deficit of 44 billion Afghanis ($501 million) this financial year, the country's Taliban authorities said on Saturday without clarifying how the gap between expected reven...
FHM HUMAYAN KABIR 2022-05-15 08:43:13
Despite its poor-performer image, the state rail service is going to get Tk 149.28 billion, which is up by Tk 23.53 billion, in the upcoming uplift budget, officials said on Saturday. The Bangladesh...
ARAFAT ARA 2022-05-14 08:51:29
A steady outflow of migrant workers in the last four months of this year raises hope for healthy growth in overseas labour employment - a vital source for Bangladesh's foreign-exchange reserves. Of...
-- 2022-05-13 19:31:32
The Asian Development Bank (ADB) will prioritise its assistance towards Bangladesh for graduation from LDC, climate change and sustainable development goals. This is to help the country achieve its g...
-- 2022-05-13 17:49:00
The dollar climbed to a 20-year high on Thursday as concerns persisted that central bank actions to counter high inflation would crimp global economic growth, boosting the currency's safe-haven appeal...
-- 2022-05-13 17:44:42
Spanish Ambassador to Bangladesh Francisco de As-s Ben-tez Salas has said Madrid is ready to go into "More In-depth Cooperation" as Bangladesh and Spain are reviewing its 50-year bilateral relationshi...
FHM HUMAYAN KABIR 2022-05-13 09:41:09
Bangladesh's consumption rate has picked up to a record high of 18.36 per cent in the current fiscal year (FY), 2021-22, resulting in higher economic output. The consumption has swelled to Tk 38.19...
FE REPORT 2022-05-13 09:10:31
Finance minister AHM Mustafa Kamal on Thursday pinned hopes on getting back the money that has been laundered from the country over the years. "We're greatly hopeful that the money earlier sent abroa...
DOULOT AKTER MALA 2022-05-13 08:15:40
A special scheme on whitening black money heads for hitting the dead end with its tenure expiry as the government may skip it in the upcoming budget, officials say. The scheme is scheduled to expire...
-- 2022-05-12 17:12:05
SoftBank Group sank into losses in the past fiscal year as the value of its global investments declined, the Japanese technology company reported Thursday. SoftBank Group Corp. reported red ink total...
SIDDIQUE ISLAM 2022-05-12 08:23:14
Bangladesh's foreign-exchange reserves fell to US$41.95 billion following the feeding of the dollar-hungry money market over the months and a latest large import payment. Official sources say the cen...
-- 2022-05-11 23:16:10
US consumer price growth slowed sharply in April as gasoline prices eased off record highs, suggesting that inflation has probably peaked, though it is likely to stay hot for a while and keep the Fede...
-- 2022-05-11 21:42:20
The war in Ukraine will help slow the growth of officially recorded remittance flows to low- and middle-income countries to an estimated 4.2 per cent this year from a strong 8.6 per cent rebound in 20...
-- 2022-05-11 19:21:43
Finance Minister AHM Mustafa Kamal on Wednesday said the government of Bangladesh may restructure non-essential projects to tackle the impacts of Russia-Ukraine war. According to the minister, the wh...
-- 2022-05-11 19:00:05
US Ambassador to Bangladesh Peter Haas has said Bangladesh and the United States can “go fastest together” in building trade and investment relationships between the two countries. &n...
-- 2022-05-11 16:50:53
The Bangladesh Securities and Exchange Commission (BSEC) and Bangladesh Investment Development Authority (BIDA) are going to organise a roadshow in Qatar from May 18 to May 19 to attract more foreign...
SIDDIQUE ISLAM 2022-05-10 22:49:56
The central bank has tightened the letter of credit (LC) rules, doubling the margin for all imports, save some essentials, to ease import-payment pressure on the economy, according to officials. Unde...
-- 2022-05-10 17:04:24
The Executive Committee of the National Economic Council (ECNEC) has approved a total of 11 projects involving Tk 58.25 billion including setting up ‘Sheikh Kamal IT Training Incubation Center (...
-- 2022-05-10 16:37:23
The country’s per capita income increased by US$ 233 to US$ 2,824 during FY22, as per a provisional estimate by the Bangladesh Bureau of Statistics (BBS). Planning Minister MA Mannan disclosed...
-- 2022-05-10 15:28:15
Bangladesh’s economy has begun to overcome the hurdles of the COVID-19 pandemic and has, once again, reached 7 per cent GDP growth. “Real GDP growth has hit 7.25 per cent in the ongoing 2...
DOULOT AKTER MALA 2022-05-10 08:33:47
The revenue authority collected Tk 2.04 trillion or 62 per cent of the total tax revenue target for the entire fiscal year (FY) 2021-22 until March - leaving a large task for its last or fourth quarte...
SIDDIQUE ISLAM 2022-05-10 08:29:45
The exchange rate of Bangladesh taka (BDT) again dropped against the US dollar (US$)- mainly due to higher demand for the greenback for settling import-payment obligations. The local currency lost it...
FE REPORT 2022-05-10 08:27:38
Bangladesh too may get into "discomfort" with its foreign debt after the fiscal year 2024-25 particularly following big borrowings for megaprojects having little immediate returns, says CPD's Dr Debap...
-- 2022-05-09 22:48:01
Finance Minister AHM Mustafa Kamal on Monday thanked Asian Development Bank (ADB) for providing Bangladesh with $1.0 billion as budget aid to face the adverse economic impact of the Covid-19 pandemic....
-- 2022-05-09 20:18:34
Bangladesh’s exports have continued to grow, with a 51.18 per cent year-on-year rise in April, despite the ripple effects of the Ukraine-Russia war across the globe. In the same period last yea...
-- 2022-05-09 19:08:00
Bangladesh Bank (BB) is struggling to meet the growing demand for the US dollar amid a sharp rise in post-pandemic economic activities. The number of credit bonds or LCs for importing goods is incr...
-- 2022-05-09 17:52:34
Although Bangladesh remains in a suitable position on public debt, it may be pushed to yellow rate after FY 25 as spending of high-value foreign debt increases at the nonproductive sector, a CPD study...
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