TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
Rate last updated: 02/01/2014 11:15:04 AM
World Bank retains Bangladesh’s growth forecast at 5.7% for FY25 The World Bank has kept its economic growth forecast for Bangladesh unchanged at 5.7 percent for the upcoming fiscal year although the government is shooting for a much higher GDP expansion. The projection from the Washington-based lender comes a couple
Bangladesh Bank allows new entities to assess credit worthiness of borrowers The Bangladesh Bank (BB) decided to allow individuals and private-sector companies to form ‘credit bureaus’ to assess loan eligibility and verify the repayment capacity of borrowers. These credit bureaus will work to determine credit standards by analysing borrower data
GDP growth target set at 6.75% for FY25 The government is optimistic that the country’s GDP growth will be 6.75% for fiscal year 2024-25, nearly one percentage point higher than the outgoing year. This projection comes despite a contractionary monetary budget, with an eye towards taming inflation. Recently, the Bangladesh
Excise duty exemption likely on offshore banking deposits Depositors, who park funds in offshore banking units of banks, may enjoy exemption from excise duty payment on their foreign currency deposits in the coming fiscal year of 2024-25. The government plans to offer the benefit as banks are working to lure
Remittance crosses $2b in first 29 days of May Inward remittances to Bangladesh surpassed $2 billion in the first 29 days of May, marking a 38% increase compared to the same period last year. This brings the country’s remittances above the $2 billion mark for two consecutive months. In April,
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