Dhaka April 30, 2025, 12:43 pm
Rise in public investment, 'siphoning off money' main factors
The loan was 223 per cent higher than JPY 47.2 billion ODA, disbursed in the previous fiscal year (FY) 2016 which ended in March 2017, they said.
Word Trade Statistical Review-2018, released by the World Trade Organization (WTO) last month, unveiled the scenario.
The central bank provided the funds to the banks using its assured liquidity support facility to help manage their funds smoothly.
The textiles and jute ministry released the non-development loan for the Bangladesh Jute Mills Corporation (BJMC).
Installation of the 'core catcher' safety system started at unit-one of Rooppur Nuclear Power Plant (NPP) project at Ishwardi in Pabna.
The inter-bank call money rate is unlikely to rise ahead of the Eid-ul-Azha, as the overall excess liquidity with the banks increased by over 22 per cent or Tk 171 billion in this June.
A 10 per cent increase from the branch’s estimate last year, the USDA expects around 260,000tonnes of wheat to be sourced from the US, which fits with official US export figures that have shown an uptick in wheat cargo inspec
Bangladesh Taka (BDT) depreciated 4.0 per cent in fiscal year (FY) 2017-18, according to the latest Monetary Policy Statement (MPS) of the Bangladesh Bank (BB).
The Bangladesh Economic Association organised the seminar at the CIRDAP to commemorate Bangabandhu's 43rd death anniversary.
According to the state-run Bangladesh Bridge Authority (BBA), less than two-fifths of the river training work had been completed until last fiscal year (FY) 2017-18.
The bank signed three separate deals with the government on Thursday in a bid to provide the $350.44 million assistance.
Commerce Minister Tofail Ahmed on Wednesday said the government has set an export target of US$44 billion for fiscal 2018-19 (FY19).
"We are not making any changes to the existing yield rates of savings tools before the elections," the minister said.
In FY '18, remittance flow jumped by more than 17 per cent or $2.21 billion following higher fuel oil prices in the global market.
The central bank is going to file a damage claim with a New York court by January next year to recover its reserve money stolen through one of the biggest cyber crimes in the world in February 2016.
Of the total earning, Tk 3.5569 billion was obtained by carrying passengers while Tk 1.5972 billion from goods transportation. Tk 4.7811 billion was revenue earning in 2016-17 fiscal.
The ongoing student demonstration and transport strike have affected business activities, including export and import, across the country.
BIDA received investment proposals amounting to Tk 2.072 trillion from July 2017 to June 2018, which was Tk 220.3 billion higher than those of the previous FY.
The Washington lender has made the higher rate effective from last month instead of 0.75 per cent, officials said on Monday.
