Share of non-concessional loans increase Rejaul Karim Byron: The World Bank Group is scaling up its lending to Bangladesh in non-concessional terms by as much as three times to prepare the c... Read more
Bangladesh Economic Zones Authority has recently teamed up with a state-owned Chinese company to set up Chinese Economic and Industrial Zone (CEIZ) at Chattogram’s Anwara upazila. Arou... Read more
UNB: Ambassador of Switzerland to Bangladesh Nathalie Chuard has said any estimate on deposits of Bangladeshi money in the Swiss banks is “purely speculative” and no conclusion can be drawn... Read more
BSS: Bangladesh’s foreign exchange reserves are in a stronger position than those in number of other developing countries as garments and foreign exchange remitted by Bangladeshi workers abr... Read more
Several Asian central banks must raise interest rates rapidly, because inflationary pressures are rising due to a global surge in food and fuel costs caused by the war in Ukraine, said a sen... Read more
Rejaul Karim Byron, Dhaka: Finance Minister AHM Mustafa Kamal has sent in a formal request to the IMF for a $4.5 billion loan, putting to bed the speculations on whether the country would be... Read more
UNB: Bangladesh received US $1642.75 million (1.64 billion) inward remittance till July 21, thanks to Eid-ul-Azha when Bangladeshi migrants sent more money to families to celebrate one of th... Read more
Bangladesh is out of the risk of default although Sri Lanka and many other countries bear the brunt of the debt crisis. Amid rising inflation, debt and cost of borrowing, more than 10 other... Read more
Bangladesh News Desk: Bangladesh’s export income is likely to be affected by the increasing dominance of the US dollar over the Euro, forcing the European buyers to devalue their order... Read more
UNB: Bangladesh and Argentina want to strengthen the relations on all fronts including a robust trade relation with opening of an Embassy of Argentina in Dhaka soon. Bangladesh and Argentina... Read more
UNB: The revenue collection of National Board of Revenue (NBR) has increased by 14 per cent to Tk 2.96 lakh crore in the fiscal year ending June 30, according to official data. The earning i... Read more
UNB: Bangladesh has sought a joint blue economy approach to harness the untapped marine resources that can be useful in tackling poverty, food insecurity, unemployment, energy crisis and eco... Read more
BSS: The overall revenue collection by the National Board of Revenue (NBR) during the first 11 months (July-May) of the current fiscal year (FY22) witnessed a healthy growth of 14.93 percent... Read more
UNB: Bangladesh received a record USD $8.41 billion in foreign loans in 11 months of current FY2021-22, the Economic Relations Division said on Thursday. At current exchange rate the amount... Read more
Bangladesh News Desk: With the economy back to normal amid a rapid fall in COVID-19 cases, Foreign Direct Investment (FDI) in Bangladesh hit a three-year high last year. Inflow rose by 12.9%... Read more
BSS: Bangladesh Bank (BB) Governor Fazle Kabir today said that the country’s foreign exchange reserves are still in a standard level. “The reserves stood at US$41.7 billion, whic... Read more
Foreign Direct Investment inflows to Bangladesh rose by 12.94 percent to over $2.89 billion in 2021, according to the World Investment Report 2022 released by UNCTAD on Thursday. Bangladesh’... Read more
Hasibul Aman, Dhaka: The government went for an expansionary budget with a huge deficit to fight old and new challenges, expedite Covid-19 recovery and protect the poor amid mounting challen... Read more
UNB: Though the production cost of renewable energy, especially solar power, had substantially dropped in recent years, its share in the country’s power generation saw no jump. The dismal pi... Read more
UNB: The ministry of finance is expecting the growth of inward remittance by 16 per cent in the fiscal year FY2022-23. Bangladesh has, meanwhile, received inward remittance of USD $1654.94 m... Read more