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The Financial Express

/ Economy / Bangladesh

Interest rate of deposits will not be less than inflation, central bank says

The Bangladesh Bank has instructed all banks not to fix the interest rate of the deposits below the inflation rate. “Livelihood of depositors and a part of other depositors depends on the interest rate of their deposits. Interest rates below...

Release of GDP estimates restores rules of business, says Debapriya

As the Bangladesh Bureau of Statistics (BBS) finally released the...

Petrobangla owes NBR Tk 213b VAT arrears

The state-owned Petrobangla has suspended the submission of monthly VAT...

Import duty on rice to be reduced to 15pc

The government has decided to cut the total import duty...

‘COVID-19 takes away 2.26m jobs, increases poverty by 9.0pc’

Bangladesh’s economy has suffered a setback with 2.26 million jobs...

Microloan disbursement rises sharply

Both the amount of loan disbursed by micro-finance institutions (MFIs)...

Industrial slump drags down GDP, agriculture saves economy

After more than a decade, Bangladesh's industrial growth collapsed in...

Bangladesh's growth put at 5.47pc last fiscal

Bangladesh's GDP has plunged severely due to the Covid-19 in...

Bangladesh Bank to mop up idle money

The central bank moves to mop up excess liquidity from...

Minister Kamal bins CPD suggestion for checking income source of remiters

Finance Minister AHM Mustafa Kamal laughed off a think-tank's strong...

Bangladesh loses Chinese investment momentum

Chinese investment bound for new destinations following US-China trade spat...

Bangladesh's trade in services gap stands at $3b

The country’s deficit in trade in services with the rest...

Bangladesh's trade deficit snowballing as imports far outstrip exports

Trade deficit of Bangladesh widened by nearly 28 per cent...

Health ministry worst performer among top 10 budget recipients

The health ministry could spend only 58 per cent of...

CPD urges for new price index to make inflation estimate practical

A leading think-tank has suggested developing a new consumption basket...

Remittance inflow into Bangladesh falls 28pc to $1.87b in July

The flow of inward remittances dropped significantly in July, following...

Bangladesh Bank launches probe into stimulus loans

A probe gets underway to ascertain whether the Covid stimulus...

Yields of treasury bonds may decline further

After facing a big decline in the last fiscal year...

Bangladesh's trade deficit may exceed $26b

Bangladesh's overall trade deficit may cross US$26 billion by this...

System of electronic tax deducted at source to be introduced soon

The taxpayers would soon be able to adjust or claim...

Call for rationalising duty, VAT on dredging equipment

Experts at a programme on Saturday called for rigorous river...

BUILD urges central bank to support services sector

The central bank has been urged to extend policy support...

Vietnam crosses Bangladesh, turns second largest RMG exporter globally

By maintaining a persistent growth in most of the years...

Execution of foreign-funded projects being hampered

The execution of development projects, especially those funded by donors...

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