Bangladesh set to surpass India in per capita GDP Bangladesh is set to surpass India in terms of per capita gross domestic product (GDP) in 2020 thanks to robust agriculture production, exports and remittance despite the coronavirus pandemic, in another testimony to the country’s steadily growing economy. According to the
Read MoreBD to seek $5b soft loan from WB in next three years Bangladesh would seek funds worth US$5.0 billion from the World Bank’s (WB’s) IDA-19 package for the next three years to bankroll its socio-economic development activities, officials said on Tuesday. In addition, the government would also request the Bank
Read MoreDSE turnover at two-month low Stocks extended the losing streak on Monday with turnover hitting two months low on Dhaka Stock Exchange (DSE), as shaky investors continued their sell-offs on major sector-wise issues. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 48.65 points or 1.0
Read MoreGovt to use forex reserves for development projects The government has decided to use the country’s ballooning foreign exchange reserves to implement development projects. The government would pick those projects for the foreign currency loans that would have a high rate of return so that it can repay the loans
Read MoreBKB seeks Tk 103b zero-coupon bond The Bangladesh Krishi Bank (BKB) has requested the government to issue redeemable zero-coupon bond worth Tk 103.18 billion to meet its capital shortfall. Officials said the state-owned BKB has sought the redeemable 10-series zero-coupon bond under re-capitalisation at a 4.0-per cent yield. The product’s
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