Business & Finance

In January 2023, Bangladesh entered into a $4.7-billion IMF programme, spanning over 42 months, to fight the pressures on the macroeconomy and arrest the associated economic downslide. These pressures, triggered by a series of external shocks emerging from Covid-19, global inflation and the Ukraine War, had accumulated over a number of years owing to weak economic […]

A two-day “Commonwealth trade and investment forum” (CTIF) will be held at InterContinental Dhaka from September 13.  The Commonwealth Enterprise and Investment Council, which is the Commonwealth’s accredited business network, Bangladesh Investment Development Authority (Bida), the Ministry of Foreign Affairs and Zi Foundation, a family-run foundation that offers support to vulnerable people, will jointly organise […]

The government yesterday approved two proposals seeking to buy 67.20 lakh tonnes of liquefied natural gas (LNG) worth Tk 1,243 crore from the international spot market to alleviate the energy shortage facing the economy. The cabinet committee on purchase gave the nod during a meeting at the secretariat in Dhaka. Finance Minister AHM Mustafa Kamal […]

Inflation in Bangladesh climbed to 9.33 per cent in March, maintaining the escalated price level. It was up 55 basis points from the 8.78 per cent reported in February, said Planning Minister MA Mannan today after the meeting of the Executive Committee of the National Economic Council in the capital. This means the spike in […]