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Economy


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Yunus invites Kuwaiti investors to investment summit

Chief adviser Muhammad Yunus on Sunday invited Kuwaiti investors to explore opportunities in Bangladesh’s Special Economic Zones and the upcoming Bangladesh Investment Summit to be held in April 7-9 in Dhaka...

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IMF chief says Sri Lanka stabilised, pledges more help

IMF chief Kristalina Georgieva pledged to support Sri Lanka’s economic recovery, praising the cash-strapped nation’s ‘remarkable turnaround’ during online talks with its president.

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Sri Lanka signs $2.5b debt deal with Japan

Sri Lanka signed a deal with Japan Friday to restructure $2.5 billion in loans, marking the first agreement with bilateral creditors who had pledged debt relief to the cash-strapped nation last year.

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Short term foreign loans drop below $10b after 4yrs

Private sector short-term foreign loans dropped below $10 billion in January for the first time in four years as businesses prioritised repaying existing loans over securing new ones, amid ongoing political unrest in the country...

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US top remittance source in Feb

Bangladeshi expatriates in the United States sent home the highest remittance amounting to US$491.26 million in February, according to Bangladesh Bank data...

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Food inflation 11-month low 

The rate of the overall inflation eased further to 9.34 per cent in February with food prices dropping both in rural and urban areas to 11 months low.

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Fruit imports in Bangladesh decline

Fresh fruits imports have been witnessing a declining trend for the past few years, according to the traders, mostly due to raising various types of duties, depreciation of taka against US dollar and inflationary pressure which impacted the living costs...

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NBR exempts VAT on several essentials

The National Board of Revenue has exempted value added tax on several essential items to keep commodity prices stable during the holy month of Ramadan.