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Industrial hub proximity increases employability, finds BIDS study

Proximity to industrial areas tends to provide more employment opportunities in the manufacturing sector, especially for female workers, bridging the gender gap, a study has found. Participation of the women living in distant districts from industrial belts like Dhaka, Gazipur...

FE icon   Bangladesh

FE icon   Bangladesh

NBFIs urge BB to revise interest rates upward

Top executives of non-bank financial institutions (NBFIs) urge the central bank to revise up interest rates on both lending and deposits to facilitate the sector's smooth run. At a meeting Tuesday, they proposed the rate up at maximum 8.0 per cent instead of 7.0 per cent for term deposit with tenures of one year and...

LDC graduation preparation: Lifting fiscal protection begins with next budget

Export of BJMC’s privately produced jute products begins

NBR misses revenue collection target in 10 months of FY22

The National Board of Revenue (NBR) has missed...

Tourism must grow enabling Bangladesh to achieve SDGs: FBCCI 

The achievement of sustainable development goals by 2030...

Bangladesh Bank moves to encourage remittance inflow to boost forex 

Bangladesh Bank has withdrawn the provision of mandatory...

Taka depreciates further by 40 paisa against US$

The exchange rate of Bangladesh taka (BDT) has...

Money whitening new bait : Bangladeshi passport holders can avail with penal tax

The government envisages fresh baits for repatriating siphoned-off...

BEA places Tk 20.50 trillion budget proposal for FY23 

The Bangladesh Economic Association (BEA) has placed a...

Forex reserves improve slightly

Bangladesh’s foreign exchange reserves have improved a little...

Govt incorporates less fresh projects in next ADP

The government has taken a cautious approach towards...

Stabilising forex market: Dealer banks makes six-point proposals

The apex body of dealer banks has submitted...

Outward FDI sees big jump in 2021

The outflow of foreign direct investment (FDI) from...

Govt likely to require Tk 10.15t in three years for executing 1,349 ongoing projects

The government will require nearly Tk 10.15 trillion...

TIB bats for formation of advisory committee

The Transparency International Bangladesh suggests formation of an...

Inflation erodes yields for savers

Savers are losing out as high inflation makes...

‘IFAD prioritises investment in Bangladesh’

Reehana Rifat Raza, the Regional Director of the...

No reserves crunch, loan ratio lowest in region: Kamal

No pressure is there on the country's foreign-exchange...

Singapore to help Bangladesh develop e-commerce sector

Singapore has assured Bangladesh of extending its utmost...

External debt to GDP ratio reaches 21.8pc

The ratio of the country’s external debt to...

Bangladesh purchasing LNG at lower price than previous month

The government is purchasing liquefied natural gas (LNG)...

Parliament’s budget session set to begin June 5

The Jatiya Sangsad (JS) will go into its...

Private sector commercially use national grid for power transmission on cards  

State Minister for Power, Energy and Mineral Resources...

Bangabandhu satellite fetched Tk 3.0b in revenue over three years: BSCL

It was not up to expectations, but the...

NEC approves Tk 2.46 trillion ADP for FY23

The National Economic Council (NEC) on Tuesday approved...

A US dollar now costs Tk 97!

The Bangladesh Bank has devalued the taka against...

Govt set to approve Tk 2.46 trillion ADP for FY '23 today

The government is set to approve a Tk...

Belgian team meets BEPZA EC, discuss investment potential

A two-member delegation from Flanders Investment and Trade...

Taka depreciates by 80 paisa against US$

The exchange rate of Bangladesh taka (BDT) has...

FY23 budget: Tk 23.53b more to feather-bed rail

Despite its poor-performer image, the state rail service...

FE icon   Global

FE icon   Global

Asia's war on inflation targets supply, not consumers

From export bans to price controls, governments in Asia are...

Biden to launch Indo-Pacific economic plan to counter Beijing  

US President Joe Biden arrived in Japan on...

Governments should subsidise food and energy, IMF boss says

Governments need to subsidise the cost of food...

Indian government trims tax on fuel to fight inflation

India's Finance Minister Nirmala Sitharaman on Saturday announced...

Australia reports 48-year-low jobless rate

Australia's unemployment rate stood at its lowest in...

Pakistan bans import of luxury goods as rupee hits new lows

Pakistan has imposed a complete ban on the...

China wants to expand BRICS bloc of emerging economies

China wants to expand the group of emerging...

World Bank to offer $30 billion to address global food crisis

The World Bank said on Wednesday it will...

UK inflation hits 40-year high

Britain’s inflation rate rose to the highest level...

US Dollar Currency Index down 0.7pc at 103.39, lowest since May 6

The dollar eased for a third straight day...

Ukraine war, India ban push wheat prices higher in global markets

India's ban on exports of wheat due to...

Taliban announces first annual Afghan budget

Afghanistan faces a budget deficit of 44 billion...

Dollar climbs to 20-year high on inflation fears

The dollar climbed to a 20-year high on...

Japan's SoftBank faces record losses as investments sour

SoftBank Group sank into losses in the past...

US consumer price growth slows sharply in April

US consumer price growth slowed sharply in April...

Ukraine war slowing global remittances growth: World Bank

The war in Ukraine will help slow the...

Ukraine exports over 1m tonnes of grain in April

Ukraine has sown about 7.0 million hectares of...

AIIB considers granting $100m in emergency support to Sri Lanka

The China-backed Asian Infrastructure Investment Bank (AIIB) is...

Somalia seeks three-month extension of its IMF support programme

Somalia's government has asked the International Monetary Fund...

India hikes repo rate by 40 bps to 4.4pc in first change after two years

India's central bank has raised the benchmark interest...

FAO says food security remains a concern despite slight drop in prices

World food prices eased slightly in April after...

BoE flags risk of recession and 10 per cent inflation as it raises rates again

The Bank of England sent a stark warning...

Sri Lankan tea pickers' dreams shattered by economic crisis

On a lush plantation in Sri Lanka, Arulappan...

Global hunger may worsen without urgent action, says UN agency

Conflict, extreme weather and economic shocks increased the...

Sri Lanka plans to replace 'unrealistic' budget

Sri Lanka plans to replace its current "unrealistic"...

ADB approves policy-based lending to $18b for 2022–24 

The Asian Development Bank (ADB) has approved a...

Australia hikes interest rates by surprisingly-large 25 basis points

Australia's central bank on Tuesday raised its cash...

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