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World Bank Projects 5.7% Economic Growth for Bangladesh in FY25
The World Bank has forecasted that Bangladesh's economy will grow by 5.7%in the fiscal year 2025, attributing this growth to increased private consumption from easing inflation and a!-->…
Bangladesh Falls 40 Places in Gender Equality Ranking
Bangladesh has experienced a sharp decline in its position on the World Economic Forum's (WEF) Global Gender Gap Index 2024, falling 40 places to rank 99th among 146 economies. Despite this!-->…
Government Targets Full Paperless Services by 2041 for Smart Bangladesh
The government has unveiled an ambitious plan to transition all its services to a completely paperless format by 2041 as part of the "Smart Bangladesh" vision. This initiative aims to!-->…
Consumption Tightens Amid Rising Inflation
Bangladesh has witnessed a significant decline in consumption as a percentage of GDP during the outgoing fiscal year 2023-24, marking the lowest level in three years. Economists!-->…
Chhaya and Nagad Join Forces to Boost Financial Inclusion and Insurance Accessibility
In a landmark move to redefine the landscape of digital finance and insurance accessibility in Bangladesh, Chhaya Technologies Limited and Nagad Ltd. have announced a strategic partnership…
iFarmer Joins Visa Accelerator 2024
iFarmer as an agri-tech startup based in Bangladesh, has been chosen to participate in Visa's prestigious Accelerator Program for the Asia Pacific region in 2024. The announcement, made via!-->…
Universal Pension Scheme Hits 303,176 Registrations
The Universal Pension Scheme has achieved a significant milestone, crossing the three-lakh markin registrations just ten months after its inception, the National Pension Authority (NPA)!-->…
Private Sector Credit Growth at 5-Month Low
Private sector credit growth in Bangladesh plummeted to a five-month low in April, marking a significant decline from the previous month, according to data released by the Bangladesh Bank.!-->…
The Finance Minister Anticipates Inflation Decline by Year-end
Finance Minister Abul Hassan Mahmood Ali has revealed that the battle against inflation may require an additional six monthsof concerted effort, as he addressed reporters during a!-->…
EBL Unveils BKMEA Co-Brand Cards
Eastern Bank PLC (EBL) has launched co-branded credit cards for members and staff of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) at an event in Gulshan, Dhaka.!-->…