Economy

Dollar being wasted in import of non-essential products

Shawdesh desk: A huge amount of foreign currency is being wasted in importing many non-essential products which are being produced in the country. According to a data of Bangladesh Bank,

RMG exports to unconventional markets on rise

Shawdesh desk: Apparel exports to unconventional markets have been on the rise thanks to government incentives and exporters focusing more on the non-traditional markets. Exports of ready-made garments to such

Bangladesh won’t experience economic debacle following cautious monetary policy: Governor

Shawdesh Desk: Bangladesh Bank Governor Abdur Rouf Talukder said the country will be protected from any economic hardship following new monetary. He made the observation while unveiling a monetary policy

Multiple dollar rates affect businesses

Shawdesh desk: Multiple dollar rates have created an unstable situation for businesses that rely on imports for capital machinery and other materials. Sources said the retail rate of the greenback

Bangladesh significantly prone to recessionary risks; appropriate steps required: ICCB

Shawdesh Desk: Although Bangladesh may not go into recession, the country is significantly prone to many of the recessionary risks if appropriate steps are not taken to diversify the export

Bangladesh receives record $1.96bn remittance from the USA

Shawdesh Desk: The income from abroad is contributing a lot to economy of the country. The importance of remittance has increased further at a time when the country is facing

WB loan for weather project cut by Tk 2.48bn

Shawdesh Desk: A World Bank loan to improve weather forecasting and information has been cut by Tk 2.48 billion after some key components were proposed to be dropped. Bangladesh Meteorological

20 industrial units to get ‘President’s Industrial Development Award’ Thursday

Shawdesh Desk: Twenty industrial units under six categories will receive ‘President’s Industrial Development Award-2020’ tomorrow for their outstanding contribution to the national economy. On the occasion of the award giving