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Economy


Dhaka, Tokyo sign deal to develop rail communication 

A loan agreement was signed on Friday for project titled ‘Construction of Dual Gauge Double Line Between Joydebpur-Ishurdi Section Project (I)’ under the second batch of the 46th Japanese ODA Loan Package between Bangladesh and Japan. 

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Bangladesh’s Forex reserve soars to $22.65b

Bangladesh’s gross foreign exchange reserves, calculated under IMF guidelines, soared to $22.65 billion on Wednesday amid fresh disbursements from the International Monetary Fund, World Bank and strong remittance inflows...

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17 banks post Tk 1.77 lakh crore provision shortfall

Seventeen banks reported a staggering provision shortfall of Tk 1,77,650 crore at the end of March 2025, with six of them facing such deficits for the first time, indicating a sharp deterioration in their financial health amid a mounting crisis of non-performing loans...

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BB eases remitting to foreign investors

The Bangladesh Bank has widened the scope for local subsidiaries of foreign companies to remit service payments abroad, even if their foreign shareholding is below 50 per cent...

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NBR recovers Tk 994cr in tax evasion drives

The National Board of Revenue has recovered a total of Tk 994 crore in the past nine months (September 2024 to May 2025) through a series of tax and revenue evasion investigations and drives...

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IMF approves disbursement of $1.3b 

The International Monetary Fund on Monday approved the release of about $1.3 billion to Bangladesh under its $4.7 billion loan programme soon.

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Industrial term loan disbursements fall

Industrial term loan disbursements declined notably in the January–March quarter of 2025 comparing with the same period in the previous year, reflecting the deepening economic crisis stemming from persistent political unrest, a volatile business climate, and ongoing distress in the banking sector...

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Asian countries most vulnerable to Strait of Hormuz blockade

Around 84 per cent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South Korea and others vulnerable should Iran blockade the crucial trading route over US strikes on its nuclear sites...

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Bangladesh to get $400m budget support from AIIB

The government of Bangladesh has signed a loan agreement of $400 million as budget support with the Asian Infrastructure Investment Bank (AIIB) to implement the ‘Climate Resilient Inclusive Development Programme-Subprogram 2’...