Finance Minister AMA Muhith today underscored the need for giving opportunity to the business community for ‘capital export’ as the country’s economy has been widening gradually.
Experts at a discussion today stressed introducing the SME Credit Guarantee Scheme in Bangladesh for developing its SME sector and reducing banking risk.
Bangladesh is likely to be the biggest mover in the global gross domestic product (GDP) in 2030 through becoming the 26th largest economy in the world as predicted by HSBC Global Report “the World in 2030”.
Bangladeshi expatriates sent home US$1,316.93 million remittance in the first month of the current fiscal 2018-19, which is 18 percent higher than the amount received in the corresponding period of the preceding fiscal.
Argentina on Friday received $15 billion, the first tranche of a $50 billion loan from the International Monetary Fund to help stabilize its fragile economy, the South American nation’s central bank said.
Bangladesh Bank (BB) will release new currency notes for Taka 10, 20, 50 and Taka 100 in the market ahead of Eid-ul-Fitr from June 3.
Washington and Beijing have agreed to abandon any trade war and back off from imposing tariffs on each other, Chinese state media reported Sunday.
As banks are gradually expanding their agent banking activities, the number of agent banking accounts has already exceeded 14 lakh in the country.
Asian markets tumbled with Wall Street and the dollar extended gains Wednesday as US interest rate worries resurfaced, while geopolitical issues are also keeping investors cautious.
The country witnesses an economic loss of Taka 1,56,000 crore annually which is more than of per annum GDP growth due to food wastage, lack of proper storage and marketing facilities.
The World Bank will provide $110 million assistance for Bangladesh to implement the Sustainable Enterprise Project (SEP) which will help some 20,000 microenterprises adopt environmentally-friendly practices.
Toyota announced Friday it would invest Can$1.4 billion ($1.09 billion) in two factories in central Canada where the Japanese manufacturer plans to build its largest hybrid hub in North America.
Commerce Minister Tofail Ahmed today said Bangladesh and Thailand would register a volume of $ 2 billion in two-way trade by 2021.
A four-day Thai trade show has begun today aiming to build relation, especially in trade, between the people of Bangladesh and Thailand.
Asian markets enjoyed another day of gains Thursday as energy firms tracked a surge in oil prices, while fears over Syria and a possible China-US trade war eased.