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The Private Sector’s Overseas Debt Fell to $12.43 Billion in September
In a challenging economic climate marked by uncertainties in both domestic and global markets, the private sector in Bangladesh has seen a significant reduction in its outstanding balance…
Food Inflation in Bangladesh Hits Decade-High, Straining Low-Income Communities
In October, Bangladesh witnessed a startling surge in food inflation, reaching a ten-year high of 12.56%. This alarming increase is placing immense financial pressure on low-income and…
Bangladesh’s Exports Hit a 26-Month Low in October 2023
Bangladesh's export earnings hit a 26-month low in October, plummeting to $3.76 billion. This downturn was driven by a sharp decline in global demand as consumers worldwide tightened their…
Remittance Reaches Its Highest Point in Four Months
In a recent report, the central bank has revealed that migrant workers sent a total of $1.98 billion back home to Bangladesh in October, marking the highest remittance inflow in the past…
PM Introduces ‘Taka Pay’ Card In Bangladesh for Financial Independence
To enhance financial independence and reduce reliance on global payment networks, Bangladesh has introduced its first domestic card scheme, "Taka Pay." The initiative aims to safeguard…
Mobile Phone Production Sees Dive in September in Bangladesh
Mobile phone manufacturing and imports in Bangladesh are changing significantly, with recent data from the Bangladesh Telecommunication Regulatory Commission (BTRC) indicating notable…
9,300 New Jobs On The Horizon: The Renewable Energy Revolution By 2030
In a visionary move, a recent study by the Centre for Policy Dialogue (CPD) has reportedlyunveiled the potential for Bangladesh's power sector to create over 9,300 jobs in the renewable…
Vivek Sood Appointed Chairman of Robi Axiata Limited
In an official announcement, the Board of Directors of Robi Axiata Limited (Robi) has named Vivek Sood as the new Chairman of the company, effective immediately. This move marks a change in…
Bangladesh’s Forex Reserves Fall Below $21 Billion Mark
Bangladesh's foreign exchange (forex) reserves have fallen below $21 billion, registering at $20.96 billion, a decrease from the $21.05 billion reported on October 4, as reportedlyoutlined…
Bangladesh’s FY23 FDI Slips 7% to $3.2 Billion Amid Market Volatility
Foreign direct investment (FDI) in Bangladesh experienced a 7% decline, falling to $3.2 billion during FY23, as revealed in data reportedlyreleased by Bangladesh Bank on Tuesday. The…
