Business-Economy

Bangladesh overtakes India in per capita GDP, according to IMF

FBD Desk: Bangladesh has overtaken its much-larger neighbour India in terms of per capita GDP in 2020, owing to a respectable performance on the economic front despite slowing growth coupled

Eng. Golam Murshed appointed as MD at Walton Hi-Tech

Business Desk: The Board of Directors of Walton Hi-Tech Industries Limited has appointed engineer Golam Murshed as the Managing Director of the leading electronics products manufacturer in Bangladesh. Prior to

School banking gets popularity

FBD Desk: The school banking account holders have deposited Tk 1.78 billion in their accounts in six months from March to August this year despite the coronavirus pandemic. Though the

Banks’ excess liquidity soars to Tk 1,404bn

FBD Desk: Excess liquidity in the banking sector has hit an all-time high at Tk 1404.92 billion in August this year due to lower private-sector credit growth amid the global

Exports to seven major destinations yet to rebound

FBD Desk: Though Bangladesh’s exports to most of the top destinations have started returning to the positive trajectory, shipments to seven of the top 20 destinations saw negative growth in

Target set to produce 6 lakh mts of fish in FY 2020-21

FBD Desk: The Fisheries and Livestock Ministry has taken different measures to produce six lakh metric tons of fish in the current fiscal year of 2020-21. The target was mentioned