Private-sector activities accelerated sharply in May as the Purchasing Managers' Index (PMI) rose 8.2 points from the previous month to 62.8, according to the PMI released on Monday. It signifies a faster pace of economic expansion driven by robust growth in manufacturing and services. PMI above
Tokyo has officially confirmed it will provide Dhaka with $312 million to increase economic resilience and ensure a stable energy supply. The Economic Relations Division (ERD) signed two documents related to the soft loan with Japan on Tuesday, the Japanese Embassy in Dhaka said in a media stateme
The government and Bangladesh Bank have undertaken a series of measures to address rising non-performing loans (NPLs), loan fraud, money laundering and risks stemming from irregular lending to influential borrowers, Finance Minister Amir Khosru Mahmud Chowdhury told Parliament on Tuesday. He said
Bangladesh Bank (BB) has formed a new Tk 100 billion (Tk 10,000 crore) refinancing scheme from its own funds to boost agricultural production, ensure food security, and create employment opportunities in rural areas. Under the five-year scheme, farmers will be able to access low-interest loans cap
Finance Minister Amir Khosru Mahmud Chowdhury on Tuesday told parliament that the government has been implementing a range of refinance schemes to promote youth entrepreneurship and tackle unemployment through soft-term and low-interest financing. Responding to a starred question from ruling party
