Rejaul Karim Byron

June 28, 2022
June 28, 2022

Pressure on forex reserves: Govt exploring loan of up to $4.5b from IMF

As a precautionary move, Bangladesh has started talks with the International Monetary Fund about taking a loan of $4-4.5 billion to shore up the precarious foreign currency reserves.

June 27, 2022
June 27, 2022

Legalising laundered money to cost even less

The government is likely to bring some changes in its budget proposals, including enabling one of its three offers at legalising laundered money to require even lesser tax payments.

June 26, 2022
June 26, 2022

Forex reserves took no hit from Padma Bridge

In 2012, when the government decided to construct the Padma Bridge using its own resources, many economists feared that Bangladesh’s foreign currency reserves would take a big hit.  

June 25, 2022
June 25, 2022

Built by Bangladesh

When it comes to high achievement, it is almost always fuelled by high expectations. Going by that thinking, the much-awaited Padma bridge, whose inauguration takes place today, is gearing to be a high achiever when it comes to economic benefits.

June 24, 2022
June 24, 2022

Use of foreign aid rises, but may miss target

Although foreign assistance disbursement is increasing continuously, the country is still behind its target for this fiscal year. 

June 21, 2022
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 21, 2022
June 21, 2022

Natural disasters 2015-2020: Loss, damage rise tenfold

Household loss and damage due to natural disasters saw nearly tenfold increase in 2015-2020 compared to that in 2009-2014, says a report of Bangladesh Bureau of Statistics.

June 20, 2022
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 17, 2022
June 17, 2022

Govt took profits of Petroleum Corporation, left it in lurch

Bangladesh Petroleum Corporation made huge profits for seven years through import of petroleum at low prices but the government took that money, leaving the BPC ill-equipped to cope with the current international market volatility.

June 17, 2022
June 17, 2022

Bangladeshi individuals, Banks: Deposits with Swiss banks rise 55pc

Funds deposited by Bangladeshi citizens and banks with different Swiss banks witnessed a massive rise of 55 percent to 871 million Swiss francs (CHF), about Tk 8,266 crore, in 2021 compared to the previous year.