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Economy


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Economic activities may slow down amid reforms: BB

Economic activities in Bangladesh may face short-term challenges as the government moves forward with large-scale economic reforms aimed at long-term benefits, according to a recent report from Bangladesh Bank...

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BIDA unveils heatmap to attract FDI

The Bangladesh Investment Development Authority (BIDA) has launched Bangladesh’s FDI Heatmap, a data-driven framework, to attract the Foreign Direct Investment...

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Yunus vows to protect new entrepreneurs’ investments

Encouraging the country’s young and new entrepreneurs, chief adviser professor Muhammad Yunus on Saturday said that they wanted to make sure that new entrepreneurs did not face any problems with their investments and could work safely to significantly contribute to Bangladesh’s economic growth...

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Internal Audit Unit launched for financial transparency

The Finance Division has formed an independent Internal Audit Unit to minimise financial risks and ensure proper management within government institutions in Bangladesh, said Finance Division secretary Md Khairuzzaman Mozumder.

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Dual interest rates for NSCs introduced

The interim government on Wednesday introduced dual rates for the interest payment of the national savings certificates, said Finance Division officials, adding that the rates took effect from January 1...

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IPAs to come under one umbrella

Bangladesh interim government chief adviser Muhammad Yunus on Tuesday asked the authorities to bring all the investment promotion agencies under one umbrella to attract more foreign investment in the country...

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MCCI for boosting digital financial services

The Metropolitan Chamber of Commerce and Industry, Dhaka has recommended integrating mobile financial service providers with the National Payment Switch of Bangladesh, establishing independent credit-scoring agencies and launching digital banks to address gaps in financial inclusion to improve digital financial service or DFS ecosystem in Bangladesh...