Inside Economy


Price fall in large-cap drives stocks further down

Country's both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) today plunged further due to mainly price fall in large-cap securities. DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), slid 65 points, or 1.01 per cent, at 6,413 at the end of the day. The DS30, the index that consists of blue-chip companies, went down 0.93 per cent to 2,277, while the DSES, the Shariah-complaint index, plummeted 0.80 per cent to 1,406. Read More...

ECNEC approves 6 projects with Tk 7,018cr

The Executive Committee of the National Economic Council (ECNEC) today approved six projects with Tk 7,018 crore. The meeting was held under the chairmanship of ECNEC Chairperson and Prime Minister Sheikh Hasina on Tuesday (October 11). Read More...

Remittance sinks to 7-month low

The remittance inflow sinks to lowest in seven months. The inflow of remittance dropped around 25% in September to $1.54 billion compared to August earnings. Bangladesh received $2.04 billion in remittances in August, according to central bank data published Sunday (2 October). Read More...

Exports decline in September: EPB

Overall exports declined by 7.52% in September this year compared to the same period in 2021 after 13 months of recovery from COVID pandemic, according to the latest official figures. But exports of readymade garments reached 10.27 billion dollars in the first quarter of FY2022-23, which is 13.41% higher than previous year’s corresponding time, according to data released by the Export Promotion Bureau (EPB) for July-September. Read More...

Surprising remittance flow in September too

Remittance inflow giving hope to the strained economy. In continuation of the last two months, this month's remittance flow is also surprising. In the first 15 days of this month, expatriate income or remittances have reached 1008.67 million dollars. If the current trend continues, the amount of expatriate income will exceed 200 million dollars at the end of the month. This figure was found in a report of the Statistics Department of the Central Bank. Read More...

Export Development Fund loans can be repaid in instalments from now on.

Bangladesh Bank has introduced an instalment facility to repay loans from the Export Development Fund (EDF). From now on, the entire loan liability can be paid in three instalments, which had to be paid at once earlier. The Foreign Exchange Policy Department (FEPD) of Bangladesh Bank issued a guideline in this regard today (September 15, 2022) and sent it to all authorized dealers engaged in foreign exchange transactions. Read More...


Export Development Fund loans can be repaid in instalments from now on

Bangladesh Bank has introduced an instalment facility to repay loans from the Export Development Fund (EDF). From now on, the entire loan liability can be paid in three instalments, which had to be paid at once earlier. The Foreign Exchange Policy Department (FEPD) of Bangladesh Bank issued a guideline in this regard today (September 15, 2022) and sent it to all authorized dealers engaged in foreign exchange transactions. Read More...

Default bank loans surge to record 1.25 trillion

According to the Bangladesh Bank’s June quarter report, banks' loan disbursement stood at Tk 13.98 trillion till June 2022, of which 8.96 per cent or Tk 1.25 trillion turned into bad loans, reports UNB. Read More...

75 thousand crore remittances lost through Hundi

Bangladesh has lost remittances equivalent to Tk 75,000 crore in last one year due to billion-dollar digital hundi transactions using Mobile Financial Services (MFS). The Criminal Investigation Department (CID) of the police arrested 16 people involved in the hundi business. Read More...

IMF loan guaranteed, inflation to fall in October

Planning Minister MA Mannan said that inflation will decrease from next October. He said, it is certain that we will get the loan from the IMF, besides we will also have Aman Rice. The positive effect of these will reduce inflation from October. Moreover, he also expressed hope that everything else will start getting right. Read More...

“Bangladesh, Vietnam to work together to achieve higher economic growth”

Vietnamese Ambassador to Bangladesh Pham Viet Chien has pledged that his country will continue to work together with Bangladesh to achieve higher economic growth in line with the development goals of the two countries. Read More...

Toggi Services steps into fifth year

Toggi Services Limited (TSL) has stepped into fifth years of operations with a fresh vow to support implementation of ‘Smart Bangladesh’ envisioned by Prime Minister Sheikh Hasina... Read More...

Remittances worth Tk16,500 crores came in last 25 days

The government has given various concessions and facilities to increase the flow of remittances. And the benefits are starting to come. In the first 25 days of this month (August), remittances of 172 crores 93 lakhs or 1.73 billion dollars have arrived in the country. Its amount in Bangladeshi currency (as 95 takas per dollar) is about 16 thousand 429 crore taka. Read More...

Prices of all products including vegetables see sharp hike

The prices of broiler chickens have gone up to Tk 40 in various markets of the capital on Friday. Although chicken was being sold from Tk 160 to Tk 165 a kg even a week ago. Along with broiler chicken, the price of Pakistani cock up to Tk 300 to Tk 320 per kg, which was Tk 280 to Tk 300 last week. Read More...

Dollar manipulation of banks; Deep conspiracy, needs exemplary punishment

Six banks in Bangladesh are squandering with dollars crisis. These banks have been found guilty in the investigation of Bangladesh Bank and for this, the heads of the treasury department of these banks have been removed from their duties. Read More...

TK 5,000 crore remittance arrived only in 7 days

Amid various discussions and worries about the country's economy, 550 million dollar remittances came in the first seven days of August, which is equal to Tk 5 thousand 225 million at the current exchange rate (95 Tk per dollar). Last July, expatriates sent remittances worth 2,090 million dollars which is equal to 19 thousand 792 million 30 million Bangladeshi taka. Read More...