Per capita income misses estimates
Bangladesh's per capita income stood at $2,793 in fiscal 2021-22 -- $31 lower than the initial estimate as the steep depreciation of the taka messed up the government’s numbers.
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.
Bangladesh’s remittance to drop by $1b this year
Remittance flow to Bangladesh is projected to drop by $1 billion to $21 billion this year from $22 billion last year, according to the World Bank.
DID YOU KNOW / Which were October’s top remittance receiving banks?
Do we know which were the top remittance receiving banks in Bangladesh for the month?
Remittance falls by 7.4% in Oct
Remittance declined further in October, intensifying the pressure on the government to manage its macroeconomy amid plummeting foreign exchange reserves.
Remittance to rise significantly next fiscal year
Remittance inflow may rebound significantly in Bangladesh in 2022-23 fiscal year as increased number of people flew abroad for jobs, Bangladesh Bank (BB) Governor Fazle Kabir said today.
Per capita income misses estimates
Bangladesh's per capita income stood at $2,793 in fiscal 2021-22 -- $31 lower than the initial estimate as the steep depreciation of the taka messed up the government’s numbers.
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.
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.
Bangladesh’s forex reserves to hit 4-year low in FY23: IMF
Bangladesh’s gross foreign exchange is likely to stand at $30 billion at the end of 2022-23 fiscal year, lowest in four years, according to the International Monetary Fund (IMF).
‘Local conglomerates lost Tk 65,000cr for dollar price hike’
Bangladeshi conglomerates counted Tk 65,000 crore in losses in the last one year because of the fall of the local currency against the US dollar, which made loans costlier amid global economic volatility, a noted economist said today.
Where did most Bangladeshi migrant workers go in 2022?
Over 11.35 lakh Bangladeshis migrated to foreign nations in 2022, the highest ever in the history of the south Asian country.
How did 2022 go for Bangladesh?
Bangladesh economy was all set at the beginning of 2022 to get its growth momentum back after recovering from the prolonged Covid-19 pandemic. But, the start of the Ukraine war in February slowed the country’s joy run significantly, making it an eventful year to remember. Let’s see how 2022 was for Bangladesh.
Bangladesh’s remittance to drop by $1b this year
Remittance flow to Bangladesh is projected to drop by $1 billion to $21 billion this year from $22 billion last year, according to the World Bank.
In a stadium of their own, migrant workers say their sweat made World Cup happen
Taking selfies from the stands and sitting on the grassy pitch, thousands of migrant workers gathered in a Doha stadium to watch the opening match of the first World Cup in the Middle East.
Jamuna Bank gets nod to establish exchange house in Spain
Jamuna Bank Limited has received approval from the Bangladesh Bank to establish an exchange house in Spain.