The central bank governor projects cooling the red-hot inflation, which has hovered above 9 percent since March last year, to 7 percent by June next year.
The Asian Development Bank (ADB) has become the first among multilateral and bilateral lenders to respond to the interim government's call for budgetary support, approving $600 million aimed at easing pressure on foreign exchange reserves and accelerating economic recovery.
Bangladesh’s national budget for fiscal year 2024-25 is likely to be reduced by more than Tk 50,000 crore, with the entire cut expected to be made in funds meant for the annual development programme (ADP).
Bangladesh, mired in data fog, has “sleepwalked” into the middle-income trap according to the white paper on the state of the country’s economy.
Distressed assets in the banking sector have reached a whooping Tk 6,75,030 crore, an amount bigger than the cost of building 22 bridges across the Padma or 13.5 metro rail systems in Dhaka, according to a White Paper released yesterday.
Despite rising interest rates on deposits and various efforts by the central bank, Bangladesh’s banking sector continues to face a liquidity crisis that has hamstrung some lenders.
Moody’s has downgraded Bangladesh’s banking sector to “very weak” from “weak”, citing worsening client confidence, limited transparency and inadequate financial safeguards over the past year.
When most non-bank financial institutions (NBFIs) in Bangladesh are in hot water with high ratios of non-performing loan (NPL), a handful have been successfully able to keep the rate low.
The once tell-tale sounds of foundries bringing household utensils into shape out of pewter, brass and copper are increasingly making a comeback in Chapainawabganj.
Women are increasingly entering decision-making positions but full gender parity is far from being reached as they rarely hold leadership positions in executive and legislative offices.
Amphan, one of the strongest cyclones formed in the Bay of Bengal, is likely to hit Bangladesh’s coast with the maximum storm surge of 15 feet height above normal astronomical tide.
The World Health Organization (WHO) has given a set of guidelines on ways to prevent the spread of Covid-19 in the workplace.
Forty-five districts out of 64 are now under total lockdown as a part of the government’s measures to contain the spread of coronavirus.
Over the years, technology has transformed the world and changed the way we entertain ourselves, communicate with others, stay healthy, and ensure safety and mobility. Here are the top ten innovations, the blessing of the modern technology, in 2019 that can make the world better and smarter, and change way of the human lives in 2020.
This year, the nation has lost some great sons and daughters, who will not stop shining even after their death. They will live in their accomplishments and contributions to the humanity. Here is a compilation of the souls in the eve of the NEW YEAR 2020.
People can get the update of cyclone Bulbul and the current weather situation of their respective area or district from their mobile phone.
Onion prices have gone beyond the general people’s reach as per kg of the cooking ingredient was selling for Tk 150 at kitchen markets in the capital on Thursday, despite government’s measures to pull the reins.
Onion prices go beyond the capacity of general people as the prices of the essential cooking ingredient have already broken the previous records.
