FT | The National Financial Portal

IMF lauds Bangladesh's efforts to take forward forex reserves

The transition to a CPMR with the band exchange rate arrangement is a welcome step toward greater exchange rate flexibility, says Chris Papageorgiou, IMF Mission Chief for Bangladesh

Govt organisations owe over Tk 50,0000cr to different banks

Finance Minister Abul Hassan Mahmood Ali says this in the parliament on Monday

IMF to release over $1.11b within 2 days: BB

The IMF, earlier in May, finally gave Bangladesh the green signal for $681 million as the third installment of the lender's $4.7 billion loan package

Remittance crosses $2b in first 23 days of June

In 2023, Bangladesh received $21.92 billion in remittances, marking an increase of 2.88% from 2022

S Korea to lend Bangladesh $100m for social resiliency

The ERD Wing Chief and Additional Secretary Mirana Mahrukh, and Korea Eximbank Executive Director Hwang Kiyeon signed the agreement on Monday

Dhaka calls for BIMSTEC co-op on digital transformation

State Minister for Post, Telecommunication and ICT Zunaid Ahmed Palak made the call while speaking as the chief guest at the closing session of the two-day “Regional Consultation on Global Digital Compact (GDC)” held in Dhaka

Bangladesh sees highest LC openings in almost 2 years in May: Here’s why

Economists and market analysts attribute this trend to several factors, including tax benefits at the end of FY 2023-24 and the anticipation of the withdrawal of tax exemptions on various products in the FY 2024-25 budget

Dhaka grabs over 60pc of national savings

Experts call for decentralised banking to bridge regional economic divide

IFC, EPIC Group partner to support sustainable textile manufacturing in Bangladesh

IFC is providing EPIC Group with a $100 million debt financing package in the form of a $70 million sustainability-linked loan and a $30 million green loan

Govt organisations owe Tk515 crore in land taxes

Experts opine proper digitalisation of land tax collection procedures, accountability and steadfast efforts by the finance ministry can help in realising the unpaid dues

Forex reserves to grow by $1.25b this month

The government is set to receive $1.25 billion budget support as loan from various development partners this month for the current fiscal year, which will significantly boost its foreign exchange reserves

Digital remittances reduce poverty, drive rural progress: UN report

Despite persistent gender gaps, the hard-earned money sent back home by migrant workers remains a vital lifeline for over 800 million people, particularly women and vulnerable populations.