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'MG exporters said overall import to the UK fell during the period in question due to global economic slowdown, while Ba...
19/05/2024

'MG exporters said overall import to the UK fell during the period in question due to global economic slowdown, while Bangladesh lagged behind from its competitors due to long lead time and customs procedure.'
Source: The Financial Express
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'The number of beneficiary owners' accounts dropped more than 4 percent to 17.90 lakh last week from a year prior, data ...
19/05/2024

'The number of beneficiary owners' accounts dropped more than 4 percent to 17.90 lakh last week from a year prior, data from Central Depository Bangladesh Ltd (CDBL) showed.'
Source: The Daily Star
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' Currently, 43 sectors receive taxpayer-funded cash support..... only the garment sector has consistently fared well, t...
18/05/2024

' Currently, 43 sectors receive taxpayer-funded cash support..... only the garment sector has consistently fared well, turning Bangladesh as the second-largest apparel supplier in the world.'
Source: The Daily Star
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'Under crawling-peg exchange, the rate of currency exchange depreciates at a rate roughly equal to the inflation differe...
15/05/2024

'Under crawling-peg exchange, the rate of currency exchange depreciates at a rate roughly equal to the inflation differentials between the country and its trading partners. The idea is to maintain the real exchange rate in the economy.'
Source: The Financial Express
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Binayak Sen said the inflation was mainly fueled by rises in the cost of fish and poultry feed.More in the comment secti...
10/05/2024

Binayak Sen said the inflation was mainly fueled by rises in the cost of fish and poultry feed.

More in the comment section.

The Bangladesh Bank has raised dollar price to Tk117 from existing Tk110 through introducing the crawling peg exchange r...
08/05/2024

The Bangladesh Bank has raised dollar price to Tk117 from existing Tk110 through introducing the crawling peg exchange rate mechanism.

From now on, the bank will buy and sell dollars considering Tk117 as the mid rate.

The central bank took the decision at a meeting of the monetary policy committee meeting on Wednesday (8 May).

The committee also decided to end the SMART lending rate mechanism.

Source: TBS | 8th May,2024
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The number of unemployed people has increased by around 2.4 lakh to 25.9 lakh in the first quarter of this year.Source: ...
08/05/2024

The number of unemployed people has increased by around 2.4 lakh to 25.9 lakh in the first quarter of this year.

Source: TBS
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"....বিশ্ববিদ্যালয়গুলোর যে আর্থিক সক্ষমতা রয়েছে, সেটা ব্যবহার করেই ইসরায়েলের ওপর চাপ তৈরি করা। এই আর্থিক সক্ষমতার পাশাপা...
07/05/2024

"....বিশ্ববিদ্যালয়গুলোর যে আর্থিক সক্ষমতা রয়েছে, সেটা ব্যবহার করেই ইসরায়েলের ওপর চাপ তৈরি করা। এই আর্থিক সক্ষমতার পাশাপাশি বিশ্ববিদ্যালয়গুলোর প্রভাবকেও ব্যবহারের জন্য আহ্বান জানাচ্ছেন শিক্ষার্থীরা।"
সূত্র: প্রথম আলো
আরও পড়ুন কমেন্টে।

"Bangladesh has proposed that the International Monetary Fund (IMF) revise down the Net International Reserves (NIR) tar...
07/05/2024

"Bangladesh has proposed that the International Monetary Fund (IMF) revise down the Net International Reserves (NIR) target for June to below $18 billion since the existing target will be difficult to achieve due to the prevailing external sector situation."
Source: The Daily Star
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The interest rate will move to a fully market-based system "very shortly", Bangladesh Bank Governor Abdur Rouf Talukder ...
07/05/2024

The interest rate will move to a fully market-based system "very shortly", Bangladesh Bank Governor Abdur Rouf Talukder has signalled – apparently in line with the IMF prescription over a $4.7 billion loan package.

Source: TBS
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"Uncontrolled inflation, surging debts and erosion of financial space in the wake of economic growth deceleration are id...
06/05/2024

"Uncontrolled inflation, surging debts and erosion of financial space in the wake of economic growth deceleration are identified by the CPD as the cardinal challenges to reckon with in crafting the new budget of the new government."
Source: The Financial Express
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Private sector credit growth surged to 10.49% in March, marking its highest level in the last nine months and exceeding ...
06/05/2024

Private sector credit growth surged to 10.49% in March, marking its highest level in the last nine months and exceeding the central bank's target for the month.
Source: The Business Standard
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প্রকাশিত র‌্যাংকিয়ে এশিয়ার ৩১টি দেশের ৭৩৯টি বিশ্ববিদ্যালয় স্থান পেয়েছে। এর মধ্যে বাংলাদেশ প্রকৌশল বিশ্ববিদ্যালয় (বুয়েট) ...
06/05/2024

প্রকাশিত র‌্যাংকিয়ে এশিয়ার ৩১টি দেশের ৭৩৯টি বিশ্ববিদ্যালয় স্থান পেয়েছে। এর মধ্যে বাংলাদেশ প্রকৌশল বিশ্ববিদ্যালয় (বুয়েট) ও জাহাঙ্গীরনগর বিশ্ববিদ্যালয়ের (জাবি) স্থান হয়েছে ৩০১ থেকে ৩৫০টি বিশ্ববিদ্যালয়ের মধ্যে।

তথ্যসূত্র: যুগান্তর
বিস্তারিত কমেন্টে।

Persistent high inflation, high debt burden and slow economic growth are the three challenges facing the economy, noted ...
06/05/2024

Persistent high inflation, high debt burden and slow economic growth are the three challenges facing the economy, noted economist Debapriya Bhattacharya...

Source: Daily Star
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Previously that was Tk. 13,500 in 2018 but the owners did not implement that...Source: Daily StarMore in the comment sec...
05/05/2024

Previously that was Tk. 13,500 in 2018 but the owners did not implement that...

Source: Daily Star
More in the comment section.

In December, nearly half of Bangladesh's remittances were received through Islamic banks, totaling Tk 10,619 crore. This...
04/05/2024

In December, nearly half of Bangladesh's remittances were received through Islamic banks, totaling Tk 10,619 crore. This was part of an overall increase in remittances, with Islamic banks seeing a significant rise from November to December. The Bangladesh Bank's data indicates a growing trend in remittance inflows, with Islamic banking playing a key role, and suggests potential policy changes to support this sector's growth.

Source: Daily Star
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President Joe Biden attributes the economic growth of the US to its welcoming stance on immigration, contrasting it with...
03/05/2024

President Joe Biden attributes the economic growth of the US to its welcoming stance on immigration, contrasting it with the xenophobia he perceives in China, Japan, India, and Russia, which he suggests is limiting their economic potential.

The IMF forecasts a deceleration in these countries’ growth, while the US is expected to grow at 2.7%. With migration being a key issue for US voters, Biden’s focus is on fostering relations with Japan and India to strategically counter China and Russia’s global influence.

Source: TBS; 03 May, 2024
Link in the comment section.

News: Dhaka suffers the most from heatwavesDue to heat flow, the productivity of workers decreases, affecting economic p...
03/05/2024

News: Dhaka suffers the most from heatwaves

Due to heat flow, the productivity of workers decreases, affecting economic production overall. Dhaka city suffers greater economic damage compared to other major cities in the world due to intense heat flow. The GDP of Dhaka city is reduced by 8 percent due to heat flow - approximately 600 million dollars per year. At the current market rate (at 110 taka per dollar), this amounts to 66 billion taka. Therefore, Bangladesh is in a rather precarious situation due to heat flow.

Source: Prothom Alo | 3rd May,2024
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NEWS: Remittance inflow rises to $2.04 billion in April during Eid 1. In April, the flow of inward remittances reached $...
02/05/2024

NEWS: Remittance inflow rises to $2.04 billion in April during Eid

1. In April, the flow of inward remittances reached $2.04 billion.
2. This amount is 21.3% higher compared to the same month in the previous year.
3. Bankers note that remittances typically increase during the Eid-ul-Fitr celebrations.

Source: TBS | 02 May, 2024
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