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The Financial Express

/ Economy / Bangladesh

63.0pc of private foreign debt short-term

Around 63.0 per cent of the foreign borrowing of the country’s private sector is short-term in nature, according to the statistics released by the central bank. It showed that the outstanding private foreign borrowing stood at around US$13.25 billion ($13247.28...

BB asks banks to open deposit accounts for NRBs

The central bank has asked scheduled banks to introduce deposit...

BD seeks $2.5b as budget support, project aid from WB for FY'21

Bangladesh has sought a fund of US$ 2.5 billion from...

'Banks fully capable of executing stimulus packages'

The banking sector is fully capable of implementing the government-declared...

Govt relooks at labour market to tap potentials with skilled workers

The government considers enhancing the skills of the country’s capable...

Covid erodes country’s business confidence severely

The overall status of business in the country in the...

BD gets $1.0b China loan to improve power grid

Bangladesh has got confirmation of another US$970 million loan from...

Govt to form special fund for Delta Plan 2100

The government is going to form a special fund, 'Bangladesh...

RMG exports to major markets plunge in H1

The country's apparel exports to its major destinations, including the...

BCC suggests steps against anti-competitive activities

Bangladesh Competition Commission (BCC) has suggested taking steps against any...

Govt’s bank borrowing more than doubles  

The government's net borrowing through selling savings tools dropped by...

€150m AFD loan to support BD’s cash transfer programmes and Covid-19 response

The Executive Board of the French Development Agency (Agence Française...

ADB grants Bangladesh $3.0m to fight pandemic

The Asian Development Bank (ADB) has approved an additional $3.0...

Covid-19 fallout: Govt eyes huge borrowing over three fiscal years next

The government has planned to borrow Tk 5714.5 billion from...

Pandemic triggers big job losses in BD’s RMG sector: WTO

The Covid-19 pandemic has triggered huge job losses, especially for...

BD emerges as 3rd largest apparel supplier to US

Bangladesh has emerged as the third largest sourcing country for...

Japan provides $330m emergency budget support

Japan will provide 330 million US dollar to Bangladesh as...

BD may seize opportunity as Japanese firms plan relocation: Japanese envoy

Bangladesh may grab the opportunity maintaining the business competiveness as...

Inflow of remittances crosses $2.50b-mark in July

The inflow of remittances crossed US$ 2.50 billion-mark in July—before...

Economists fear double-whammy of unemployment may sow social tensions

Piling on top of the pre-pandemic stock of jobless population,...

WB okays $202m to increase food storage capacity in Bangladesh

The World Bank’s Board of Executive Directors has approved $202...

WB likely to give $500m loan for dev of technical education

The World Bank (WB) is likely to provide US$500 million...

LNG imports up 64.61pc in FY ’20

Bangladesh's liquefied natural gas (LNG) import increased significantly by 64.61...

Safety nets bypass 'missing middle'

Speakers at a webinar stressed the need for reforming existing...

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