Economy / Bangladesh


FM advocates swift FTA initiation with Thailand 

FM advocates swift FTA initiation with Thailand 

During a business meeting in Bangkok, Foreign Minister Hasan Mahmud underscored the significance of a potential Free Trade Agreement (FTA) between Bangladesh and Thailand for enhancing bilateral trade and addressing trade deficits. The meeting, held on the sidelines of Prime Minister Sheikh Hasina

Tk10.83m FDRs: BIPD accuses Fareast of deception

Tk10.83m FDRs: BIPD accuses Fareast of deception

The Bangladesh Institute for Professional Development (BIPD) on Saturday alleged that Fareast Finance and Investment Limited has illegally held back its six FDRs worth Tk 10.83 million for six years. The BIPD, a training and research institution catering to teachers and students in the financial s

Govt to raise capital spending for sustained growth

Govt to raise capital spending for sustained growth

The government set a target to elevate capital expenditure in the medium term (2025-26 fiscal) aiming to achieve sustained economic growth. The government has set the target as it thinks that there is no alternative to increasing capital expenditure which profoundly impacts the economy's productio

Remittance inflow sees downtrend this Eid

Remittance inflow sees downtrend this Eid

Inward remittance has witnessed a downward trend amid the Eid-ul-Fitr festival, with expatriate Bangladeshis remitting $877.10 million in the first 12 days of this April. Earlier in January, remitters sent home $915.91 million in the first 12 days of the month, according to data available with the

Foreign exchange reserves go above $20 billion again

Foreign exchange reserves go above $20 billion again

The foreign exchange reserves of Bangladesh have gone above $20 billion again, according to central bank data. The export earnings and flow of inward remittances marking Eid-ul-Fitr contributed to the increase in foreign exchange reserves, local news portals said. According to the Bangladesh Bank