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12
Aug
Bangladesh receives $1.9b remittance in July 2024
Bangladesh received US $1.9 billion as a remittance in July, which shows a decrease of 24.87 per cent compared to the previous month June. The expatriates sent a record remittance of $2.51 billion in June ahead of Eid-ul-Azha. Compared to June the remittance inflow decreased by 24.87 per cent in July 2024. In July last [...]
12
Aug
Foreign direct investment on dive
Foreign direct investment in Bangladesh seems on a dive as the net FDI inflow marked about 30-percent annualized fall in the first quarter of this year, under lingering shadows of global economic upset. Latest statistics available with the central bank show the ebb tide in flow of foreign capital into the country, acting as one [...]
12
Aug
RMG exports to non-traditional markets increased by 23pc in July 2023
RMG exports to the United States, the largest export destination for Bangladesh, has increased by 6.31% in July of the fiscal 2023-24 to USD 729.03 million, from USD 685.77 million in the corresponding month of the previous fiscal , according to recent statistics of the Export Promotion Bureau (EPB). During the first month of the [...]
12
Aug
DCCI for smooth credit flow to private sector
Dhaka Chamber of Commerce and Industry (DCCI) recommended on Thursday rapid revival of smooth credit flow to the private sector for benefitting the country's economy. It said while the economy was recovering from the pandemic repercussions, the Russia-Ukraine war heavily destabilised the global geo-economic scenario and supply system across the world, including Bangladesh. As a [...]