Bangladesh Secures Historic USD 1 Billion ITFC Loan to Stabilize Fertilizer Imports and Support Agriculture
Bangladesh recently secured a significant USD 1 billion loan from the International Islamic Trade Finance Corporation (ITFC), part of the […]
Economy
Forex Reserves Surpass $20 Billion After Two-Month Interval
Bangladesh’s foreign exchange reserves have once again surpassed the $20 billion mark, primarily due to a steady increase in remittance
Restoring Stability: BDT 9,000 Crore Deposit Surge Revives Bangladesh’s Banks
In September, Bangladesh banks received a large return of deposits, totaling BDT 9,000 crore. This increase shows that depositors are
Remittances Reach $2.395 Billion in October: A Sign of Economic Stabilization
In a noteworthy development, the country received a total of $2.395 billion in remittances during October, reflecting a steady flow
Countdown to Crisis: Adani’s Ultimatum Threatens Bangladesh’s Energy Supply
Bangladesh currently owes Adani Power around $850 million, putting its power supply at serious risk. Adani has set a deadline
Commodity Prices and Inflation in Bangladesh: A Month Before and After the Fall of the Awami League Government
The political landscape in Bangladesh has seen significant changes following the resignation of Prime Minister Sheikh Hasina and the fall
Political Uncertainty: A Barrier to Foreign Investment in Bangladesh?
According to the Bangladesh Bank’s latest report, direct foreign investment (FDI) in Bangladesh declined 8.8% during the fiscal year 2023-24.
10-Year Tax Break: NBR Fuels Renewable Energy Revolution
The National Board of Revenue (NBR) has approved a 10-year tax incentive aimed at promoting investments in renewable energy. This
Government Boosts Renewable Energy Sector with Five-Year Extension of Tax Breaks
The National Board of Revenue (NBR) has announced a five-year extension of the tax exemption period for renewable energy-based power
Union Bank Faces Investigation Over BDT 17,229 Crore Loan to S. Alam Group
Union Bank Limited is under investigation for a huge loan of BDT 17,229 crore (around $1.6 billion) given to S.