Business-Economy

Bangladesh, WB sign $850m deal for Bay Terminal and social protection reform

Staff Correspondent: Bangladesh and the World Bank signed two financing agreements totalling $850 million to help the country develop the Bay Terminal deep sea port and modernise the national social

Gold price slashed after three consecutive hikes since Saturday: Bajus

Staff Correspondent: The Bangladesh Jewellers Association (Bajus) has announced a significant reduction in gold prices on Wednesday, following three consecutive hikes since Saturday. In a notification issued by Masudur Rahman,

Bangladesh GDP may fall to 3.3%: WB

Staff Correspondent: The World Bank (WB) has forecasted that Bangladesh’s Gross Domestic Product (GDP) growth may decline to 3.3% in the current fiscal year (2024-25). The slowdown is attributed to

Bumper maize harvest brings cheer to Sirajganj’s char farmers

Staff Correspondent: A golden wave is sweeping through the vast riverine char lands of Sirajganj, where farmers are reaping the benefits of a bumper maize harvest this season. With favourable

Gold price hits record high of Tk1.77 lakh per bhori

Staff Correspondent: Gold prices in Bangladesh have reached a new record, with 22-carat gold rising by Tk5,342 to Tk1,77,887 per bhori (11.664 grams), the highest ever in the country. The

Bangladesh’s inflation to ease to 5.2%, GDP to grow by 6.5% in next fiscal year: IMF

Staff Correspondent: The International Monetary Fund (IMF) has retained Bangladesh’s economic growth forecast at 3.8% for the current fiscal year 2024-2025 (FY25), unchanged from its December projection. However, the global