July 13, 2022
$4.5b loan: IMF team to arrive tomorrow
A delegation from the International Monetary Fund (IMF) is set to arrive in Dhaka tomorrow on a nine-day trip to discuss the government’s request for a $4.5 billion loan in the form of budgetary support.
July 1, 2022
FY23 budget’s journey begins amid a tempest
The timing could not be worse for the fiscal year to start with.
June 30, 2022
Bangladesh Bank to discourage imports of non-cereal, processed food, foreign fruits
Bangladesh Bank today says it has decided to raise the ratio of import payments businesses must make to banks while opening letters of credit (LCs) for luxury goods, foreign fruits and non-essential items such as non-cereal food, canned and processed products.
June 30, 2022
‘Effective monetary policy requires exchange rate, interest rate flexibility’
There have to be exchange rate and interest rate flexibilities in order to make the monetary policy of the Bangladesh Bank effective, said Zahid Hussain, a noted economist.
June 30, 2022
'Use monetary policy to stabilise forex market, curb inflation'
The central bank of Bangladesh will have to use the monetary policy to stabilise the foreign exchange market to pave the way for curbing inflation through demand management, said Ahsan H Mansur, executive director of the Policy Research Institute of Bangladesh.
June 23, 2022
Businesses can avail flexible loan repayment facility up to Dec
Large industries, SMEs and the flood-hit agriculture sector will enjoy a flexible loan repayment facility up to December this year as Bangladesh Bank yesterday revived the partial loan moratorium amid a deepening economic crisis.
June 21, 2022
Wage hike dwarfed by rising inflation
The wage growth in Bangladesh grew slower than the inflation rate in May, handing a blow to the country’s millions of low-paid skilled and unskilled workers already struggling to make ends meet amid the rising cost of living.
June 20, 2022
Wage growth ticks up in May but falls behind inflation
The wage growth in Bangladesh grew slower than the inflation rate in May.
June 20, 2022
Inflation rockets to eight-year high
Inflation surged to an eight-year high of 7.42 per cent in May, driven by a hike in food costs, underscoring the plight a majority of the population in Bangladesh is currently experiencing, official figures showed yesterday.
June 9, 2022
Take measures for ease of doing business
The government should take adequate measures to make it easier for businesses to operate, said a noted entrepreneur.