Garment exports to Turkey up 123.14 percent, five countries account for 56.58 percent of non-traditional market
Japan, Australia, India, Turkey and South Korea: nearly 57 percent of Bangladesh’s readymade garment exports to non-traditional or new markets are concentrated in these top five countries. Updated statistics from the Export Promotion Bureau (EPB)…
Gold price cut by Tk 3,266 per bhori for 22 carat, silver also cheaper
The Bangladesh Jewellers Association (BAJUS) has announced a cut in the price of gold jewellery, including VAT, of up to Tk 3,266 per bhori in the domestic market. The organisation announced this in a notice on Tuesday (13 October) morning. The new…
Inflation may rise to 10.9 percent, IMF cuts FY2026-27 growth forecast to 3.2 percent
The International Monetary Fund (IMF) has cut its forecast for Bangladesh’s economic growth in the 2026-27 fiscal year (FY27) once again. It has now been put at 3.2 percent, down from the 3.5 percent given in July this year. The forecast was given…
DSEX falls 46 points as turnover drops
On the Dhaka Stock Exchange (DSE), the country’s main bourse, both the index and turnover fell on Monday, although turnover rose on the other bourse, the Chittagong Stock Exchange (CSE). The capital market ended the second trading day of the week…
Work under way on framework agreement with World Bank, support sought to cope with higher energy costs
Bangladesh has sought support from the World Bank to cope with the pressure on the energy sector and the burden of additional costs stemming from global volatility. Discussions with the lender on the matter are progressing, and the two sides are moving…
Robert E. Hall and Michael Woodford win economics Nobel for New Keynesian model
Robert E. Hall and Michael Woodford, two professors from the United States, have won the 2026 Nobel Prize in Economics. They have been honoured in recognition of their role in developing the New Keynesian economic model. Their research helps governments…
No transactions for five days during Durga Puja, banks to open on Saturday 17 October
Banks and the stock markets across the country will remain closed for five consecutive days as the Durga Puja holiday runs into the weekly holiday. The Puja holiday falls on 20 to 22 October, followed by the Friday-Saturday weekly holiday on 23 and 24…
22-carat gold at Tk 231,297 per bhori: gold to sell at the same price on Sunday too
The Bangladesh Jewellers Association (BAJUS) has raised the price of gold in the domestic market. The price of gold jewellery, including VAT, has gone up by a maximum of Tk 2,216 per bhori. BAJUS gave this information in a notification on Friday (9…
Dollar at Tk 122.10: taka exchange rates against various currencies on Sunday
Bangladesh’s trade and commerce with many countries of the world is growing day by day, and to keep that trade going, the volume of currency exchange is growing too. For the convenience of transactions, the exchange rates of the Bangladeshi taka…
Defaulted loans cross Tk 5.81 lakh crore, Bangladesh Bank takes three-term plan to bring them down
Bangladesh Bank has taken short-, medium- and long-term plans with three objectives: reducing defaulted loans in the banking sector, strengthening loan recovery and establishing good governance. Through these initiatives, loan recovery will be speeded…