Economy News Desk: Bangladesh received US dollar of 125 crore 70 thousand inward remittance in the first 20 days of October, the fourth month of the 2023-2024 fiscal year. The latest data of... Read more
World Bank Country Director for Bangladesh and Bhutan Abdoulaye Seck on Thursday said inflation in Bangladesh is likely to remain elevated in the near term and gradually subside, as import p... Read more
Staff Correspondent: The country’s foreign exchange reserve has now declined further to nearly $23.70 billion in line with the International Monetary Fund (IMF)-set standard, according to Ba... Read more
Bangladesh News Desk: Sri Lanka has paid back Bangladesh $50 million of loans, which is one fourth of the $200 million given by Dhaka in 2021. Confirming the matter, spokesperson and executi... Read more
UNB: Asian Development Bank (ADB) is providing a loan of USD $490 million to implement two projects in Bangladesh. The Economic Relation Division (ERD) and ADB on Monday signed two separate... Read more
Foreign aid commitments increased by about 7.23% in FY23 Saifuddin Saif, Dhaka: The year-on-year disbursements of foreign loans from development partners have decreased by 7.4% in the 2022-2... Read more
Gulf Cooperation Council (GCC) Jasem Al-Budaiwi has appreciated the socio-economic growth of Bangladesh attained over the last one decade under prudent leadership of Prime Minister Sheikh Ha... Read more
UNB: The National Board of Revenue (NBR) ended the fiscal year 2022-23 with a revenue shortfall of Tk 44000 crore, despite revenue generation growth by 8.12 percent compared to the previous... Read more
Jannatul Islam: The move to facilitate Bangladesh’s trade in Indian Rupees has been hailed by economists as a strategic move to alleviate pressure on the country’s foreign exchange reserve,... Read more
UNB: The monthly inflation rate dropped slightly to 9.74 percent in June, a 0.2 percent decrease from the previous month. The Bangladesh Bureau of Statistics (BBS) released this data on Mond... Read more
The flow of remittance has increased in June, ahead of the holy Eid-ul-Azha, in Bangladesh. Remittance worth 57 crore 56 lakh 80 thousand US dollar came to the ciountry in the first nine day... Read more
The Study Circle London and the European Institute for Asian Studies (EIAS) will host a Conference on “EU-Bangladesh Cooperation – Opportunities and the Bengal Tiger Economy” in Brussels to... Read more
BSS, DHAKA- The general point to point inflation rate in May increased as it reached 9.94 percentage points up from 9.24 percentage points in April mainly because of the slight rise in food... Read more
UNB: The Centre for Policy Dialogue (CPD) on Saturday said revenue shortfall would be approximately Tk 75,000 crore in the current fiscal year (2022-23), causing the budget deficit to widen.... Read more
Jannatul Islam: The government is preparing to announce a ‘cautionary budget’ in June, aimed at benefiting marginalised communities and public servants ahead of the national elec... Read more
The World Bank (WB) has agreed to provide a loan of 2.25 billion US dollars to Bangladesh for its five development schemes on regional trade and connectivity, disaster preparedness and envir... Read more
Diplomatic Correspondent: Around 90 per cent of adolescent girls and young women do not use the internet in low-income countries, while their male peers are twice as likely to be online, acc... Read more
Online Desk: British households and businesses “need to accept” they are poorer and stop seeking pay increases and pushing prices higher, the Bank of England’s chief economist, Huw Pill, has... Read more
Bangladesh News Desk: The government’s subsidy in the power sector is likely to reach a record high and stand at Tk 270 billion this fiscal year despite the increase in power tariff. The sub... Read more
BSS: Expatriate Bangladeshis sent US$ 1.7 billion remittances in December, which was 4.23 percent higher than the corresponding month of the previous year. The country received $1.63 billion... Read more