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Economics

Bangladesh Projects $33 Billion Trade Deficit for FY22

Bangladesh's trade deficit is expected to be $33 billion in the current fiscal year as export earnings and remittances continue to fall below overall...

Bangladesh Bank Practices Prudent Monetary Policy

Bangladesh Bank today set a target of 14.1% private sector credit growth for 2022-23, which is slightly lower than the target set for the...

Finland Eager to Collaborate in Bangladesh’s Renewable Energy Sector

Finland is eager to work with Bangladesh on its sustainable and renewable energy projects. Ritva Koukku-Ronde, Finland's non-resident ambassador to Bangladesh, indicated his country's...

Budget for FY 2022-23 to be Watchfully Increased

State Minister for Planning Shamsul Alam said the government is planning the budget with caution, avoiding excessive increases in spending in light of the...

Russia Markets Crude Oil to Bangladesh

Russia wants to sell crude oil to Bangladesh in order to diversify its oil export market in the face of Western sanctions over its...

Bangladesh Amongst Top 20 Potential Countries in Solar Farm Capacity

According to data published lately by the Global Energy Monitor, Bangladesh is one of the top 20 countries with potential solar farm capacity (GEM)....

Lessons Ukraine Must Draw from The Rohingya Crisis

European countries have opened their gates and homes to Ukrainian refugees fleeing Russian aggression. Ukrainians are not the first set of migrants to require...

Climate Crisis Causing Bangladeshi Children to Quit School to Seek Work

As a result of family migration following climate-related disasters, UNICEF estimates that 1.7 million of the country's children are currently working. Alamin's house stood on...

Is Bangladesh Headed Towards a Sri Lanka-like Economic Crisis?

Dhaka, like Colombo, has taken on enormous foreign loans to start on what opponents refer to as "white elephant" projects. According to analysts, the...

Dollar Exchange Rate Surpasses Tk 100 First Time in Bangladesh

Volatility in the foreign exchange market increased today due to a lack of US dollars, causing travelers to pay as much as Tk 102...

Buyers Predict Bangladesh will Continue to be an RMG Hotspot in the Future

Bangladesh will remain the preferred sourcing location for readymade garment (RMG) goods for the foreseeable future, as the country has significantly improved production facilities...

Bangladesh’s Per Capita Income Grew to $2824

In the current financial year, the per capita income of the people of the country has increased to 2,824 US dollars. At the end of...
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