Exports declined in July as reduced working days for Eid-ul-Azha and coronavirus containment measures affected the production and shipment of most of the items, including clothing, the main foreign currency earner.
Read More »Mop up excess liquidity to curb asset bubble: CPD
The Bangladesh Bank should raise the cash reserve ratio to mop up excess liquidity from the banking system, said the Centre for Policy Dialogue yesterday as it put forward a set of proposals for the effective implementation of the monetary policy.
Read More »Remittance drops to 5-month low in July
Inflow fell to $1.87 billion due to lower number of working days throughout the month
Read More »Poultry farms boost Jashore rural economy
Poultry farming has created a unique opportunity for giving jobs to hundreds of unemployed people side by side boosting the rural economy of the district.
Read More »DSEX crosses 6500-mark to hit record high
The benchmark index of the Dhaka Stock Exchange (DSEX) crossed the 6500-mark for the first time on Tuesday since its inception in eight years back as investors continued their buying spree on major sector issues.
Read More »Cattle farming a new hope for haor people
A number of seasonal cattle farms have sprung up at villages found in Sylhet’s haor areas thanks to the availability of naturally-grown grass in the region, providing a much-needed alternative to paddy cultivation.
Read More »Bangladesh Bank to probe into disbursement of stimulus fund
Bangladesh Bank has asked banks to send details of clients who got loans from the government’s stimulus package in order to ensure probe whether the low-cost funds went to productive sectors.
Read More »ADP spending rebounds
Development spending in Bangladesh rebounded in the last fiscal year although the implementation rate was still one of the lowest in three decades because of the disruption caused by the coronavirus pandemic and structural weaknesses.
Read More »Stuck workers in lockdown won’t lose jobs; BGMEA
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) today said that no action would be taken against those RMG workers, who are stuck in their respective places during the countrywide lockdown, for not joining their respective factories.
Read More »Lower yield on bank deposits, remittance boost savings certificate sales
The net sales of savings certificates in FY21 was Tk37,386 crore, almost three times more than the previous 2019-20 fiscal
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