Expats send $2.19b remittance in January
GB Today GBT News Desk: The expatriate Bangladeshis sent around $2.19 billion in remittances in January, according to Bangladesh Bank’s…
Economics
Sheikh Hasina Govt Leaves Tk10 Lakh Crore Foreign Debt
Dhaka Office: Before being ousted amid the mass uprising led by the anti-discrimination student movement, the Sheikh Hasina…
West Bengal economy performs poorly over several decades: EAC-PM paper
– Bihar’s relative position has stabilized in the last two decades, it remains significantly behind other states and…
WB to Provide $1 Billion to Bangladesh
Economy News Desk: The World Bank has announced to provide about 1 billion dollars in loan assistance to…
UAE overtakes Saudi Arabia in remittance for ‘certain reasons’
Dhaka Office: Bangladesh received the highest amount of remittance in the 2023-24 fiscal, coming from what had been…
Bangladesh forex reserves increases by $318m to reach $19.53b thanks to additional remittances
– Bangladeshi expatriates have sent about $1.65 billion as remittances in the first 14 days of this month…
Dollar rate hike hits BPC with Tk500cr likely losses in May
TBS/GBT: The Bangladesh Petroleum Corporation (BPC) is expecting a loss of more than Tk500 crore due to higher…
Government’s fiscal strategy: Balancing risks and growth
Dhaka, Bangladesh:To mitigate fiscal risks, the Bangladesh government has adopted several strategies, including risk transfer and reduction, the…
IMF loan’s third instalment doubled, June reserves target sharply lowered
Bangladesh News Desk: The target has been revised under a staff-level agreement between the international lender and Bangladesh…
Bangladesh New budget to set 10 priorities to steady economy
– Budget likely to be Tk 7,96,900cr Budget FY 23-24 Dhaka Office: The government plans to design a…
Bangladesh Govt plans to sign loan agreement of Tk 1000b in current fiscal year
Jahangir Shah, Dhaka: The government has planned to sign loan agreements of Tk 1000 billion with development partners…
Bangladesh receives $2.16b in remittance in February
– Inward remittances from UAE jump BSS/GBT: Expatriate Bangladeshis sent around US$ 2.16 billion in remittances during the…
Expatriates send $201cr remittance in January
Dhaka Office: The expatriate Bangladeshis sent remittances of around $201.01 crore (equivalent to about Tk 22,110 crore) in…
Bangladesh’s bond market one of the smallest in Asia. What will strengthen it?
Sakhawat Prince, Jebun Nesa Alo: Bankers and economists point to the absence of specific policies, robust insurance companies,…
Interest rates on treasury bills hit record as govt borrows more
Bangladesh News Desk: The interest rate of treasury bills in Bangladesh has spiked in recent months, indicating that…
Bangladesh Foreign loans surge over 2.5 times in 12 yrs: WB
While the combined foreign loan of low- and middle-income countries worldwide saw a decline of 3.4% last year,…
UAE becomes top remittance source for Bangladesh
The United Arab Emirates has become the highest source of remittance for Bangladesh during the first five months…
Remittance dollar surges to Tk123, defying efforts to control it
Importers open LCs at a maximum rate of Tk128 Dhaka office: The dollar rate for remittance surged to…
Bangladesh forex reserves slip below $20 billion
Economy News: Bangladesh’s foreign exchange reserves have stood at $19.6 billion in the calculation of the IMF method.…
Bangladesh’s direct tax spending higher than most countries: report
Rakib Hasan, Dhaka: Bangladesh’s direct tax expenditure is higher than other South Asian countries’ average direct tax expenditure…