Economy / Bangladesh


BIDA signs MoUs with 11 institutions to integrate OSS portal

BIDA signs MoUs with 11 institutions to integrate OSS portal

To further facilitate domestic and foreign investment and make business operations easier, faster and more dynamic, the Bangladesh Investment Development Authority (BIDA) signed Memorandums of Understanding (MoUs) with 11 service-providing institutions for integration with its One Stop Service (OSS

Govt borrowing jumps 619pc

Govt borrowing jumps 619pc

Bangladesh’s private sector risks a tightening credit environment as government borrowing from the banking system has surged to nearly Tk 600 billion in the first half of the current fiscal year, raising concerns about reduced lending capacity for businesses. According to Bangladesh Bank dat

Bangladesh receives $17.17b as remittance in 6 months

Bangladesh receives $17.17b as remittance in 6 months

Bangladesh received a record-high $17.17 billion in inward remittances during the first six months and seven days of fiscal year 2025–26, underscoring the resilience of overseas earnings and providing crucial support to the country’s foreign exchange reserves amid global trade headwinds

No extensive external debt for social sectors

No extensive external debt for social sectors

Planning Adviser Professor Wahiduddin Mahmud on Monday said the government would not take foreign loans extensively for the social sectors. Rather, it would take loans for the sectors that would attract investments, he said. Looking ahead, he said, Bangladesh must rethink its development financin

Health, education allocations face staggering cut

Health, education allocations face staggering cut

Health and education sectors have taken the major brunt of a sizeable cut in the current development budget halfway through the fiscal year. The ongoing Annual Development Programme (ADP) outlay for the fiscal year 2025-26 has been cut by 13.04 per cent to Tk 2.0 trillion. With Chief Adviser Prof