Sun, 19 Jan 2025, 05:26 pm
Economy

Donors, ADB agree to replenishment of $5bn for vulnerable in Asia and Pacific

Donors and the Asian Development Bank (ADB) have agreed to a replenishment of $5 billion for ADB’s Asian Development Fund (ADF) 14 and Technical Assistance Special Fund (TASF) 8. The

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Fiscal space falling due to interest payment: PRI

The fiscal space of the country is declining due to rising interest payments, said Ahsan H Mansur, executive director of Policy Research Institute of Bangladesh, on Tuesday. In the keynote

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ADB provides $121.55m for Bangladesh’s solar power generation

The Asian Development Bank (ADB) has signed a $121.55 million financing package with Dynamic Sun Energy Private Limited to build and operate a 100-megawatt (MW) grid-connected solar photovoltaic power plant in Pabna, Bangladesh.The plant

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China keen to import mangoes from Bangladesh

China expressed its keenness to import mango from Bangladesh this year, said Chinese ambassador to Bangladesh Yao Wen. The Chinese ambassador came up with the information while talking to the

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Price fall in large-cap securities drives stocks down

Bangladesh’s bourses—the Dhaka Stock Exchange and the Chittagong Stock Exchange – on Thursday plunged due to mainly price fall in large-cap securities. DSEX, the prime index of the Dhaka Stock

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BB sells $11.67b to banks in 10 months

The Bangladesh Bank sold $11.67 billion from its foreign exchange reserves to banks in less than 10 months amid a severe dollar crisis faced by the country’s banks. According to

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Gold price drops by Tk 3,138 per bhori

Jewellers in the country have reduced the gold prices by Tk3,138 per bhori and the new rate will be effective from 4 pm on Tuesday. Bangladesh Jewellers Association (BAJUS) came

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Departmental stores draw 49.61pc credit card transactions

Departmental stores were the primary destination for credit card transactions, accounting for 49.61 per cent of transactions in February, according to a Bangladesh Bank report. Apart from departmental stores, about

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Bank interest rate spread crosses 5pc after 9 years

The weighted average interest rate spread in Bangladesh’s banking sector exceeded 5 per cent in February after 2015, driven by rising lending rates. According to Bangladesh Bank data, the overall

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Gold price drops by Tk840 per bhori

Jewellers have decreased the price of gold by Tk840 to Tk1,18,797 per bhori (11.664 grams) due to a reduction in the price of pure gold on the local market. The

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