Fri, 15 Aug 2025, 08:15 pm
Economy

IFC, BRAC Bank partner to launch Bangladesh’s first ever housing bond

Thousands of low and middle-income urban and rural families in Bangladesh, often underserved by commercial banks, are expected to be able to take out affordable housing loans through IFC’s investment

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Onion price drops, fish-meat-vegetable prices stable

Prices of onion along with carrot and green papaya have  dropped in the Dhaka kitchen market. But, most of the vegetables and chicken along with beaf are being sold at

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Exports earning to cross $50bn mark in FY22

The country’s export earning is going to hit the much-expected magic figure of $50 billion in the outgoing 2021-22 fiscal year propelled by better apparel shipment despite the Ukraine war.

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Rampal plant to go into power production in October

The Bangladesh-India Friendship Power Plant (PP) at Rampal in Bagerhat, a mega project of Tk 160 billion, will start electricity production by October 31, a top official has said. “We

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Govt to cut cost of ministries, save Tk 35bn in FY2023

The government plans to cut spending on less important areas under different ministries and save around Tk 35 billion in the upcoming fiscal year 2022-23. The saved amount will be

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Shariatpur fish traders see huge prospects as Padma Bridge opens

Fish traders of Shariatpur, one of the two districts connected by the Padma Bridge, are expecting that their business will boom as the much-awaited bridge opened to traffic on Sunday.

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Central banks must act quickly on inflation, says BIS

Central banks must not let inflation become entrenched as the threat of stagflation looms over the global economy, the Bank for International Settlements warned Sunday in its annual economic report.

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Sri Lanka banks on ‘Casino King’ to woo investors

Cash-strapped Sri Lanka’s president Friday appointed the island’s biggest casino operator Dhammika Perera as Investment minister with responsibility over a Chinese-funded tax-free enclave in the impoverished South Asian nation. The

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Bangladesh receives record $8.41 bn foreign loans in 11 months

Bangladesh received a record USD $8.41 billion in foreign loans in 11 months of current FY2021-22, the Economic Relations Division said on Thursday. At current exchange rate the amount is

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Global inflation: Five ways US rate rise will affect you

The US central bank has announced its biggest rate hike in nearly 30 years as it ramps up its battle to bring soaring consumer prices under control. It lifted the

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