Economy

The opening of import letters of credit (LCs) dropped about 25.38% in the July-March period of ongoing FY23 due to various import restrictions, media

Bangladesh needs two key initiatives to address the challenges after it graduates from the least developed country (LDC) status in 2026, said Japanese

The export earnings of the country further saw a year-on-year (YoY) negative growth of 16.52% in April of the 2022-23 fiscal year (FY) for the second

Bangladesh to introduce a uniform exchange rate for importers and exporters from July this year, the commerce ministry has informed the International

The World Bank (WB) has agreed to provide a loan of $2.25 billion to Bangladesh for its five development schemes on regional trade and connectivity, d

Bankers have decided to increase the exchange rate of dollars for both remittances and exports by Tk1. Now they’ll offer Tk108 per dollar to migrant w

Bangladesh Bank has further cut the size of the Export Development Fund (EDF) by another $200 million to $5 billion. This is the third time the centra

The World Bank’s (WB’s) Board of Executive Directors discussed a new Country Partnership Framework (CPF) for Bangladesh (2023-2027) and ap

The global market for Polyester Fibers estimated at $121.5 billion in the year 2022, is projected to reach a revised size of $205.5 billion by 2030, g