Cash-strapped Bangladesh asked Saudi Arabia for extended credit on oil supplies, Dhaka’s foreign ministry said, as the South Asian nation grapples with dwindling foreign exchange reserves.
How to build a Smart Bangladesh
The man was humbled and from that day on, he focused more on becoming wise and humble. We are all smitten by the idea of building a smart Bangladesh. But in order to do so, we need to understand the …
Exploring the benefits of index funds for small investors in Bangladesh
For index funds to gain popularity, financial institutions and asset management companies need to increase awareness and education about the benefits of index funds …
LPG price hiked in Bangladesh by 22.15 taka per kg to 124.85 taka
The price of Liquefied Petroleum Gas (LPG) in Bangladesh has been hiked by 22.15 taka per kg to 124.85 taka. The new price came into effect from Thursday 6 p.m. The 12 kg cylinder LPG price, which was …
IMF sees financial sector reforms, subsidy cuts crucial for Bangladesh
The International Monetary Fund has emphasised financial sector reforms, strengthening policy and institutions and energy subsidy cuts to preserve macroeconomic stability in a country report on $4.7 …
Bangladesh wants to rework Adani pact
NEW DELHI: Bangladesh has sought revision of a power purchase agreement it had signed with Adani Power Ltd because of differences over the price of coal. In a guarded reaction, India’s ministry of …
Bangladesh receives first tranche of $476m IMF loan
Within three days of approval, Bangladesh has received the first tranche of $476 million from the International Monetary Fund (IMF) out of the $4.7 billion loan package, confirms Bangladesh Bank.
IMF releases $476.27 million as first loan instalment for Bangladesh
The International Monetary Fund (IMF) has disbursed $476.27 million to Bangladesh as the first instalments of $4.7 billion loan it approved early this week.
Why Bangladesh managed to get bailout package from IMF but Pakistan is still negotiating
Pakistan’s credit in the global financial market has fallen so low that no international organization wants to lend them any money.
England in Bangladesh: Alex Hales sits out tour but Rehan Ahmed and Tom Abell picked
Somerset batter Tom Abell and Leicestershire leg-spinner Rehan Ahmed are named in England’s squad for their white-ball tour of Bangladesh.