Economy
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Munshi asks Canadian business to set up canola oil mill
Commerce Minister Tipu Munshi asked Canadian businessmen to build canola oil factories in Bangladesh on May 11. Bangladesh imports...
New LCs worth USD 68.36B in July-March of FY’22, BB struggles to meet dollar demand
Traders opened LCs (letters of credit) for USD 68.36 billion in the first nine months of FY'22 (July-March), up...
PCI rises by 9pc in FY’22 and the Gini coefficient continues to rise
Bangladesh's provisional per capita income increased by 9 per cent to USD 2,824 in 2021-22.According to analysts, the per...
PCI to reach $233, GDP growth estimated at 7.25pc in FY’22: BBS
According to the Bangladesh Bureau of Statistics' latest tentative estimate, Bangladesh's per capita income will rise by USD 233...
Forex reserve fell to $42B
After completing a normal payment of USD 2.3 billion to the Asian Clearing Union for imports in March-April of...
Inflation and huge subsidy baffle planners
Finance ministry officials submitted a budget outline to Prime Minister Sheikh Hasina on Monday, during which they discussed the...
BB increases the LC import margin by a range of 50pc to 70pc
To avoid further strain on the foreign exchange reserve, the central bank raised the letter of credit (LC) margin...
Bangladesh’s GDP size projected at USD 449B for FY’22
Bangladesh's gross domestic product for the current fiscal year (FY2022) is estimated to be Tk 39,765 billion, or USD...
Bangladesh Bank tightens regulation regarding luxury imports
Faced with dwindling foreign exchange reserves, the Bangladesh Bank advised banks Wednesday to accept up to 75 per cent...
Bangladesh loses 69,000 hectares of land each year, threatening food security
Bangladesh loses approximately 69,000 hectares of land each year, posing a serious threat to ensuring food security for an...
ECNEC okays 11 projects worth TK 5,825.74 crore
The Executive Committee of the National Economic Council (ECNEC) authorized 11 projects totaling Tk 5,825.74 crore on May 10,...
Investors hope for a promising future at US-Bangladesh Business Summit
On Monday, US business representatives expressed their willingness to work with Bangladeshi businesses and the government at the US-Bangladesh...
Export earnings posted 51.18pc growth in April 2022
Despite the global consequences of the Ukraine-Russia conflict, Bangladesh exports increased 51.18 percent year on year in April to...
Export earnings jumped to 35.41pc to USD 43.34B in July-April of FY’22
Bangladesh's export revenue climbed 35.14 percent to USD $ 43.34 billion from July last year to this April of...
Govt hopes 20pc investment growth in FY’22
The government anticipates that investment in the economy will grow by more than 20 per cent in the fiscal...
