Bangladesh’s extreme poverty rose to 28.5 per cent and the poverty rate 42 per cent in 2020 as the pandemic hit the country’s economy hard, says a survey report.
Read More »No-frills bank accounts help to keep economy vibrant amid pandemic
As of September last year, banks opened 2.20 crore accounts for those who receive allowances under the social safety net schemes
Read More »Revenue deficit widens despite modest growth
A modest rise in revenue collection in the first six months was not enough to narrow the widening deficit between actual receipt and the ambitious revenue target set for ongoing FY2021 marred by the Covid-19 pandemic.
Read More »Stocks rise at opening amid volatility
Stocks on both the bourses witnessed a positive note amid continued volatility in the early trading on Thursday as investors remained mostly busy booking profits with cautious positioning.
Read More »Export volume exceeds pre-Covid level
The country’s merchandise exports exceeded the pre-Covid-19 level in December, showing a rebound in shipment, despite sluggish import.
Read More »‘Silk industry revival requires policy support’
Despite having huge potential, the country’s silk industry is now struggling mainly due to lack of policy support and research, speakers at a webinar have said.
Read More »Another sign of too much liquidity in the economy: call money rate slumps below 2%
The call money rate has been on the slide since July
Read More »Beximco Pharma to acquire Sanofi Bangladesh for at least £35.5m
The base price for the transaction agreed between Sanofi Group and Beximco Pharma is £35.5m but it may go up to £40m
Read More »Govt to launch unified digital payment system
The government will launch a digital transaction platform with unified payment interface to support interoperable services among all accounts of traditional banks and mobile financial services (MFS).
Read More »Stocks rise at opening amid volatility
Stocks on both the bourses witnessed a positive note amid continued volatility in the early trading on Thursday as investors remained mostly busy booking profits with cautious positioning.
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