Bangladesh exports earned $3.3 billion in August, a 20 percent increase from a year earlier, driven by a surge in shipments, government data showed on Tuesday.
Exports had fallen 3.5 percent to $2.5 billion in July due to the Eid al-Fitr holiday, which marks 
the end of the holy fasting month of Ramadan.
For July-August, the first two months of the 2016-17 financial year, e...
the end of the holy fasting month of Ramadan.
For July-August, the first two months of the 2016-17 financial year, e...
Trade deficit shrinks 15pc, lowest in 6 years
Bangladesh's trade deficit shrank to its lowest in six years in the financial year that ended in June, to stand at nearly $5.5 billion, down 15 percent from a year earlier, thanks to a drop in global commodities prices and steady garment exports.
Imports rose 5 percent in the year to $40 billion, while exports increased 10 percent to $34 
billion, mostly driven by stronger garment sales, central bank data showed.
The $28-billion-a-year garment export industry, which had been recovering strongly ...
billion, mostly driven by stronger garment sales, central bank data showed.
The $28-billion-a-year garment export industry, which had been recovering strongly ...
G-7 adopted 3 pronged approach for economic growth
To ensure economic growth and resilience, G-7 leaders agreed to adopt a three pronged approach- the G7 Ise-Shima Economic Initiative - of fiscal, monetary and structural policies and to do more to address the global demand supply gap of infrastructure investment with emphasis on quality climate resistant infrastructure. They also warned of the economic consequences of the United Kingdom leaving the European Union, according to the editorial of the current News Bulletin of International Chamber of Commerce-Bangladesh (ICCB) released today.
G7 summit 2016 which concluded on May 27 focused on the global economy, foreign policy and the migration and refugee crisis. The G7 called for a global respon...
Beximco Pharma commences export to US
Beximco Pharmaceuticals Limited ("BPL", "Beximco Pharma" or "Company"; AIM Symbol: BXP), the fast-growing manufacturer of generic pharmaceutical products and active pharmaceutical ingredients, today announces it has commenced the export of Carvedilol, a prescription drug for treating hypertension, to the US. This follows the product’s approval from the US Food and Drug Administration (“US FDA”) in November 2015 and is the first time a pharmaceutical product from Bangladesh has been launched in the US.
To mark the delivery of the first consignment on 4 August 2016, and to celebrate this milestone achievement for Beximco Pharma, a brief ceremony was held in the presence of Finance
WB lends $ 10m for procurement data centre upgrade
Public procurement in Bangladesh is to be upgraded and expanded with an additional $10m in World Bank (WB) cash.
The loan, which brings the bank’s financing for its procurement project in Bangladesh to $68.1m, will be used to replace a data centre, where capacity is too low to keep pace with growing demand from public procurement bodies.
The bank said it will ensure the effective use of public money and increase transparency in the procurement system.
Rajashree Paralkar, acting World Bank country director for Bangladesh, said the results of 
BB to unveil monetary policy next week
Bangladesh Bank (BB) will unveil the monetary policy statement (MPS) for the first half of the current 2016-17 financial year (FY17) next week, reports BSS.
"We are finalising the MPS, which will be unveiled later this month," BB Chief Economist Biru 
Paksha Paul told BSS today.
He said like previous ones, the next MPS would be finalised in line with the national budget while it would have major focus on areas including credit, GDP (gross domestic product), inflation and exchange rate.
The central bank on January 14 this year u...
Paksha Paul told BSS today.
He said like previous ones, the next MPS would be finalised in line with the national budget while it would have major focus on areas including credit, GDP (gross domestic product), inflation and exchange rate.
The central bank on January 14 this year u...
