NDB to provide $1b by next 1 year: BIDA
Bangladesh Investment Development Authority executive chairman Chowdhury Ashik Mahmud Bin Harun on Tuesday said that the New Development Bank would give Bangladesh $1 billion in loan by the next one year...
Economy
Pvt sector credit growth slumps to 21-year low
The private sector credit growth in Bangladesh fell to 6.82 per cent in February, hitting its lowest in 21 years, according to available data. The Bangladesh Bank data showed that the growth was the lowest since February 2004 when the rate was...
Global investors see scopes, seek policy predictability
Global investors have described Bangladesh as a land of opportunities, but they have said that the government should ensure policy predictability in order to retain the investors鈥� confidence...
EU proposes 25pc tariffs on US goods
The EU plans tariffs of up to 25 percent on US goods in retaliation for levies on metals, but will spare bourbon to shield European wine and spirits from reprisals, according to a document seen by AFP on Tuesday...
EPZ investors laud govt鈥檚 swift response over US tariff
The investors of Bangladesh Export Processing Zones have expressed their deep appreciation for the government鈥檚 prompt and strategic initiative following the recent announcement by the US administration of imposing a 37 per cent 鈥榬eciprocal tariff鈥� on Bangladeshi exports...
Inflation sustains over 9pc in March
The overall rate of inflation remained almost unchanged as it sustained over 9 per cent in March...
NBR to chase TIN holders who fail to submit tax returns
The National Board of Revenue has taken a move to go after 73 lakh Taxpayers Identification Number holders who are not submitting their income tax returns.
ICC for US tariff negotiation
The country鈥檚 businesses urge the government to enter into direct negotiations with the United States regarding the newly imposed 37 per cent reciprocal tariff on exporting items from Bangladesh...
BB to set up Tk 900cr fund for startup: Mansur
Bangladesh Bank governor Ahsan H Mansur on Monday said that the central bank had taken an initiative to launch a special fund of about Tk 800 crore to Tk 900 crore to support startup...
Remittance surges to $3.29b in March
Bangladesh witnessed a record-breaking surge in remittance inflow in March, receiving $3.29 billion鈥攖he highest ever in a single month, according to Bangladesh Bank data...
BB rejects IMF鈥檚 call for policy rate cut
The Bangladesh Bank has rejected the International Monetary Fund鈥檚 suggestion to lower the policy interest rate, saying that no such move would be considered until inflation dropped to the targeted level...
UK readies to protect industry amid US tariffs
The 鈥榳orld as we knew it鈥� is over, UK prime minister Keir Starmer said Sunday, as the world braced for further fallout from the introduction of US tariffs...
US farmers see tariffs threaten earnings
As president Donald Trump鈥檚 sweeping global tariffs took effect this weekend, US farmers hoping for a profit this year instead found themselves facing lower crop prices 鈥� and the prospect of ceding more ground on foreign markets...
Summit to change perception of global investors: BIDA
One of the main purposes of the Investment Summit is to change the perceptions of global investors toward Bangladesh, said Chowdhury Ashik Mahmud Bin Harun, executive chairman of the聽Bangladesh Investment Development Authority...
Govt to focus on tax generation, NPL, says finance adviser
Finance adviser Salehuddin Ahmed on Sunday said that the government must increase the revenue generation to match with the gross domestic products...