Bangladesh’s economy saw robust growth in remittance inflow as expatriates have sent a record $21 billion in remittance so far in 2020 despite the global economic meltdown caused by the coronavirus pandemic.
Read More »Eight FYP should focus on rationale demand projection: CPD
The 8th FYP should focus on rationale demand projection, cleaner energy mix, rise in efficiency and better quality of transmission and distribution in the power sector, said experts at a virtual discussion today.
Read More »Asian markets closed for holiday
Financial markets in Australia, Hong Kong, India, Indonesia, Malaysia, New Zealand, the Philippines, Singapore and South Korea are closed on Friday for a public holiday.
Read More »BSEC chief hopeful of sustainable capital market within 6 months
Bangladesh Securities and Exchange Commission (BSEC) Chairman Prof Shibli Rubayat Ul Islam today expressed his firm optimism to get a sustainable capital market within the next six months, saying that no vested quarter would be allowed to play any game anymore with the share market.
Read More »Euro, Aussie gain, ignoring Trump’s threat to block stimulus
The euro rose to $1.22 and the dollar fell on Wednesday as foreign exchange traders looked beyond US President Donald Trump’s threat to block a $892 billion COVID-19 aid package, reports Reuters.
Read More »Microfinance operators asked to provision 1.0pc fund on total loan loss
The Microcredit Regulatory Authority (MRA) asked the microfinance institutions (MFIs) to provision one per cent fund on total loan loss.
Read More »Foreign rights groups question Accord’s heir fitness to ensure factory safety
BGMEA made false claims and unsubstantiated commitments to Building Safety in Bangladesh, says Clean Clothes Campaign
Read More »Cement makers still on slippery ground
The sector’s business returned to some extent since the reopening of the economy on May 30 but the spike in rod prices has thrown its recovery into jeopardy
Read More »BB to launch Tk 100bn stimulus for CMSMEs
Bangladesh Bank (BB) will soon announce another stimulus package of Tk 100 billion to help revive the cottage, micro, small and medium enterprises (CMSMEs) affected by the coronavirus pandemic.
Read More »Country’s economy is in good shape; Kamal
Finance Minister AHM Mustafa Kamal today said that the economy of Bangladesh is in good shape and also heading towards the right direction despite the Coronavirus (COVID-19) pandemic is taking a toll on the global economy.
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