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Budget stress eases with fiscal deficit declining

Dhaka, March 27 -- Bangladesh sees some easing of budget stress with the fiscal deficit for the first half of 2023-24 narrowing nearly 60 per cent year on year to Tk 83.38 billion by official count. ... Read More


Financial imbalances feared for hefty debt servicing

Dhaka, March 20 -- Government debts go ballooning, with the volume rising by Tk 378.43 billion to Tk 16.552 trillion as of last September, entailing hefty repayment inclusive of interest. The latest ... Read More


BMI forecasts steady growth in BD this fiscal

Dhaka, March 18 -- Fitch Solutions Company BMI predicts that the economic growth in Bangladesh is likely to remain steady in the current fiscal. "We hold our short-term forecast for economic growth i... Read More


Banking sector employment rise 4.0pc in 2023

Dhaka, March 16 -- The number of bank employees increased by nearly 4.0 per cent in 2023 from 2022, according to the latest Bangladesh Bank report. The employees working in 61 commercial banks at the... Read More


Bank lending rate rise adds to realtors' woes

Dhaka, March 8 -- Realtors are now blaming the rising bank lending rates for a slowdown in their business, as higher rates are weighing down sales despite people's huge unmet demand for houses, indust... Read More


China's deflation may help BD economy with cheap supplies

Dhaka, March 2 -- China's prevailing deflationary economy may somewhat help stimulate Bangladesh's economic relation as it largely depends on raw materials, and intermediate and finished goods from th... Read More


Crop ins key to sustainable farming

Dhaka, Feb. 28 -- Towhidul Islam, a marginal farmer in Godagari municipal area under Rajshahi, lost almost all his Aman crop in 2023 due to excessive rainfall from mid-October to early November. He g... Read More


Insurers with good records to be allowed to sell through banks

Dhaka, Feb. 21 -- Only select insurers with a strong track record of settling claims will be allowed to participate in the bancassurance business, according to the insurance regulator. The Insurance ... Read More


BB's auction platform resumes operation after a day's setback

Dhaka, Feb. 21 -- The market infrastructure module (MI Module), a key automated auction-trading platform of Bangladesh Bank, resumed function on Tuesday, following a full-day shutdown on the previous ... Read More


New loan recovery arrangement sweetened with incentives

Dhaka, Feb. 18 -- Banks are directed to form a separate dedicated unit each in a latest drive--sweetened with perks--to recover their written-off loans in the wake of worrying NPL buildups. Banglades... Read More