The net foreign portfolio investment in Bangladesh continued to fall in the July-March period of fiscal year 2023-24 due to the negative economic outlook, repeated devaluation of the local currency against the US dollar, and policy instability.

Gross investment in Bangladesh has declined from more than 32 percent of GDP to about 31 percent.

The subsidies and incentive expenditures in the upcoming budget are going to be more than that of the current fiscal year.

The three-day CAPA India Aviation Summit is going to begin in New Delhi tomorrow.

The Bangladesh Economic Association (BEA) recommended the government form an independent commission and empower it to investigate corruption, money laundering activities and black money.

Bangladesh Bank gave digital bank licence to Nagad today

Bangladesh Jeweller's Association (Bajus) wants to put a stop to travellers bringing in gold bars

The government today fixed the price of salt-applied cowhides at Tk 55 to Tk 60 per square foot for the sacrificial animals to be slaughtered during Eid-ul-Azha in Dhaka

The key index of the Dhaka Stock Exchange (DSE) bounced back today, snapping a three-day losing streak.

Department of Tourism of Bhutan notified that it has revised its policy for Bangladeshi tourists

The national budget for the fiscal year of 2024-25 is going to be presented in parliament on Thursday with monumental tasks ahead for the government to collect more revenues and contain stubbornly high inflation.

State Minister for Commerce Ahasanul Islam Titu sits with businesses of the two nations

The government has not addressed the stability issue through its fiscal policy for two years in a row although the economy is in turmoil owing to both external and internal pressures. A noted economist, however, thinks it can bring the situation under better control through the budget in the next fiscal year beginning on July 1.

Fighting raging inflation and putting the economy back on track have not been taken seriously as evidenced from the government’s delayed response, which set the scene for one of the worst economic crises in its history and an unprecedented prolonged period of higher consumer prices, said an economist. 

The government is not moving at full throttle in bringing discipline to the banking sector, implementing reforms wholeheartedly, taking measures against syndication, and bringing money launderers under the rule of law, said a top economist.

The government is expanding the size of the national budget every year. However, it has fallen short of attaining its targets over the years, be that in terms of revenue collection or development expenditure.

Of the $21.61 billion remittance Bangladesh received in FY23, only $44.99 million came from Saarc countries

On September 16, 2021, Rassel and Shamima were arrested from their Mohammadpur residence in the capital in a case filed over fraud and embezzlement

$2.25 billion remittance came in May this year, up from last year same month's $1.7 billion

The benchmark index declined 18.29 points from the previous day to 5,233.67