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The Financial Express

/ Economy / Bangladesh

Ministry prods SoBs over virus stimulus packages

The ministry of finance (MoF) has asked the state-owned banks (SoBs) to expedite steps to implement the stimulus packages that the government announced to help recoup the impacts of Covid-19 pandemic on the trade and industry. The financial institutions division...

Insurers hit hard by pandemic

The gross premium of 33 life insurance companies rose by...

Foreign currency reserve, annual remittance hit record

Expatriate Bangladeshis sent around $16.56 billion in remittance until June...

Import-export thru' Benapole halted since March 23

Import-export activities with India through the country's largest land-port Benapole...

Thousands of garment workers lose jobs

Thousands, mostly garment operatives, have lost their jobs in what...

IMF almost halves GDP growth rate

The International Monetary Fund or IMF has lowered GDP growth...

Private sector credit growth drops further

Private sector credit growth decelerated further in April due to...

Enforce 'hard' lockdown

Economic policy experts, private sector leaders and health professionals have...

Farmers incur Tk 565b loss on shutdown

The farmers incurred a loss worth Tk 565 billion during...

RMG factories may slash workforce from June: BGMEA chief

The readymade garments (RMG) factories can now use only half...

Govt so far announces $12.11b stimulus to combat COVID-19

The government has so far announced 19 stimulus packages worth...

Forex reserves cross $34 billion mark for first time

Bangladesh’s foreign exchange reserves have crossed US$34 billion mark for...

People urge govt to announce pro-poor budget

People who have been hit hard by the recent shutdown...

5.4pc inflation rate likely next fiscal

The government is likely to keep the average inflation rate...

Budget spending to go up by 11pc in FY '21

The appointment of additional number of doctors and nurses to...

RMG, footwear suffer most during pandemic

Garment, footwear and construction sectors have suffered the biggest economic...

Budget for FY 2021: Higher debt to drive up interest payment

With the government's bank and non-bank borrowing on a steep...

DSCC to collect tax from all 26 sectors

Dhaka South City Corporation (DSCC) will collect tax from all...

This years’ budget is our 'survival budget'  

This years’ budget must put thrust on ensuring our survival...

Inflation drops to 5.35pc in May

The point-to-point inflation rate in May dropped to 5.35 per...

ECNEC clears two COVID-19 response projects worth Tk 24.92 billion

The government on Tuesday approved two COVID-19 response projects at...

BB files new case over 2016 cyber heist

Bangladesh Bank (BB) has filed a fresh civil case against...

ADB expands trade finance to support private sector in BD

The Asian Development Bank (ADB) has expanded the Trade Finance...

Remittance inflow falls more than 14pc in May

The flow of inward remittance fell by more than 14...

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