2h ago| Business

Per capita income rises, but below estimate

Bangladesh’s per capita income falls to $2,793 in 2021-22 fiscal year from the provisional estimate of $2,824, according to the data of the Bangladesh Bureau of Statistics (BBS).

2h ago| Business

New window to be introduced for Islamic banks’ liquidity support

The Bangladesh Bank will introduce another tool to provide liquidity support to the cash-strapped shariah-based banks in order to cushion their ailing financial health.

3h ago| Business

GDP grows 7.1%, but falls below provisional data

Bangladesh logged higher growth in gross domestic product (GDP) in 2021-22 fiscal year compared to the previous year, but it was 15 basis points below the provisional estimate.

3d ago| Business

Bangladesh Bank sells US dollar at Tk 101 for first time

Bangladesh Bank has sold US dollar at Tk 101 each to banks for the first time, giving indication that it is likely to devalue the local currency to reflect the market reality.

3d ago| Business

IMF releases $476.27 million as first loan instalment for Bangladesh

The International Monetary Fund (IMF) has disbursed $476.27 million to Bangladesh as the first instalments of $4.7 billion loan it approved early this week.

4d ago| Business

Does Bangladesh ship garments to the Middle East?

Bangladesh ships apparel items to the Middle Eastern countries and the good thing is local garments are steadily gaining popularity in the Middle eastern countries.

February 5, 2023
February 5, 2023

Per capita income rises, but below estimate

Bangladesh’s per capita income falls to $2,793 in 2021-22 fiscal year from the provisional estimate of $2,824, according to the data of the Bangladesh Bureau of Statistics (BBS).

February 5, 2023
February 5, 2023

New window to be introduced for Islamic banks’ liquidity support

The Bangladesh Bank will introduce another tool to provide liquidity support to the cash-strapped shariah-based banks in order to cushion their ailing financial health.

February 5, 2023
February 5, 2023

GDP grows 7.1%, but falls below provisional data

Bangladesh logged higher growth in gross domestic product (GDP) in 2021-22 fiscal year compared to the previous year, but it was 15 basis points below the provisional estimate.

February 5, 2023
February 5, 2023

Stocks break three-day gaining streak

Stocks in Bangladesh broke a three-day rising trend today, but the turnover of the Dhaka bourse rose.

February 5, 2023
February 5, 2023

Robi’s flagship entrepreneurship contest r-ventures 3.0 selects semi-finalists

Robi’s flagship digital entrepreneurship competition r-ventures 3.0 has selected top 25 ideas for the semi-final round of the programme.

February 5, 2023
February 5, 2023

Shamsul Arefin joins ICT Division as secretary

Md Shamsul Arefin today joined the Information and Communication Technology (ICT) Division as its secretary.

February 5, 2023
February 5, 2023

Idcol to get €140.5 million from German bank

The Infrastructure Development Company Limited (Idcol) is all set to get €140.5 million from German Development Bank Kreditanstalt fur Wiederaufbau (KfW) -- €41 million for energy efficiency and €99.5 million for renewable energy projects.

February 5, 2023
February 5, 2023

Potato export to Russia to begin this year: Razzaque

Bangladesh will start exporting potatoes to Russia again this year as the world’s largest country lifted ban on the entry of tubers from the south Asian nation last year, Agriculture Minster Muhammad Abdur Razzaque said today.

February 5, 2023
February 5, 2023

Service exporters to get forex retention quota facility

The central bank has instructed banks to provide exporters' retention quota (ERQ) account services to service exporters to help them carry out international transactions.

February 4, 2023
February 4, 2023

Weak financial system always a problem for economic management

The immediate outlook for the new year is not as bad as had been predicted before. The Chinese economy is opening up, the industrialised West is adjusting and realigning their economies to the new realities, and a global economic recession does no longer seems inevitable.