Chicken, vegetable prices soar after Eid, buyers express concern
Vegetable and poultry prices have risen sharply in the wake of Eid-ul-Fitr, with chicken costing Tk20-25 more per kilogram and several vegetables seeing a Tk10-15 hike
Set up factories in Bangladesh, sell globally: Yunus to Chinese businesses
Chief Adviser Professor Muhammad Yunus has invited Chinese business leaders to invest in Bangladesh, highlighting the country as a production hub with global market access
Forex reserves surge past $25 billion following historic remittance inflows
Bangladesh's foreign exchange reserves surpassed $25 billion by the end of March, largely driven by a record remittance inflow of $2.94 billion, marking a significant boost for the economy
Call money rates drop ahead of Eid, reflecting stable liquidity
Despite increased demand for cash before Eid, the interest rates in the call money market have decreased, with the rate falling to 9.95% on the last working day, a drop from over 10% the previous day
Eid boosts Bangladesh's remittance inflows to new high of nearly $2.5 billion
Bangladesh has witnessed a record $2.94 billion in remittances in March as expatriates send more money ahead of Eid-ul-Fitr
Xi reaffirms support for Bangladesh, pledges duty-free access and cooperation
During his meeting with Chief Adviser Muhammad Yunus, Chinese President Xi Jinping assured of increased investment, relocation of manufacturing enterprises, and further cooperation on several fronts, including trade and water resource management
Eid festivities prompt price hikes in key kitchen staples
With Eid-ul-Fitr on the horizon, the prices of key commodities like vegetables and poultry have surged, leaving many consumers concerned about rising living costs
Divide between brands and traditional retailers evident in Eid shopping trends
While brands report stable or even double-digit growth in footfall and sales, non-branded retailers across the country are grappling with a 20%-30% year-on-year decline in sales
No economic slowdown despite long Eid holidays, says finance adviser
Govt approves major imports, officials to remain available for urgent discussions
China Exim Bank to support Bangladesh’s manufacturing hub ambitions
China Exim Bank Chairman Chen Huaiyu has pledged financial support for the relocation of Chinese manufacturing plants to Bangladesh
Next budget to focus on investment and employment generation: Salehuddin
“We'll have to increase employment generation to a larger extent"
Bangladesh faces repayment burden as foreign debt reaches $4.13 billion
Bangladesh’s foreign debt exceeded $4 billion in the first eight months of the 2024-25 fiscal year, while repayments also saw a significant rise, as disbursements from key international lenders like ADB, World Bank, and Japan continue to fuel the country's growing debt burden
Investors pressure on share sales increases ahead of Eid
As Eid draws near, the pressure to sell shares intensifies among investors in the stock market, many of whom are offloading stocks at a loss to secure funds before the holidays, with limited market movement contributing to their decision
BB instructs banks to enhance security and cash supply during Eid holidays
Ahead of the Eid holidays, Bangladesh Bank has instructed scheduled banks to ensure seamless financial transactions by maintaining adequate cash supply in ATMs, enhancing security in digital payments, and strengthening customer support measures
Bangladesh pays more than it borrows amid loan slowdown
As sluggish project execution dampens foreign loan disbursement, Bangladesh finds itself in a precarious fiscal position—repaying more than it borrows
Despite interest rate hike, savings certificates see decline in investment
Economic stagnation and persistent inflation have left many without the capacity to save
NBR calls for smaller budget to ease public burden
National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan has urged Finance Adviser Dr Salehuddin Ahmed to reduce the upcoming budget size and offer relief to the masses
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