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Bangladesh key economic indicators – Dec 25

DAILY INDICATORS

Tuesday Previous Taka/US $ (inter-bank) 77.75-77.7525 77.75-77.75 Call money rate (inter-bank) 06.25-08.00 05.65-08.00 Dhaka Stock Exchange index 4,228.91 4,265.24 --------------------------------------------------------------- indicatorMONTHLY CURRENT PREVIOUS Growth in: Consumer price index (BBS) Change yr/yr (pct) Nov. 7.15 7.03 M2 supply (bln taka) (BB) Oct. 6,403.17 6,267.23 Forex reserves ($bln)(BB) Nov. 17.11 17.35 Exports(FOB) ($mln)(BB) Nov. 2,2...

Govt okays $85.5m foreign loan for 12 private projects

The government has approved $85.5 million foreign loan for 12 private projects including power, textile, telecom and pharmaceuticals. The Board of Investment Scrutiny Committee for approval of private sector foreign borrowing cleared the loan at its 81st meeting on Tuesday. boiThe meeting was presided over by Dr Atiur Rahman, Governor, Bangladesh Bank and Convenor of the committee, while the committee members including representatives of the Prime Minister's office, Ministry of Finance, Ministry of Comm...

RMG exports jump 20.73pc in July-Nov’13

The exports of Bangladesh ready made garments increased by 20.73 percent in the first five months of the current fiscal year 2013-14 to US$ 9.653 billion, as against exports of US$ 7.995 billion made during the corresponding period of previous fiscal, the data from the Export Promotion Bureau (EPB) showed. Knitwear exports registered US$ 4.899 billion during July-November 2013 period, showing a year-on-year increase of 20.48 percent over exports worth US$ 4.066 billion made during the same period last year. Workers sort clothes at a garment factory near the collapsed Rana Plaza building in S... </div><!-- .entry-content --> </article><!-- #post-## --> <div class=

RMG Bangladesh: Unraveling at the seams

All good things have a way of coming to an end-an unpleasant reality that Bangladeshi RMG players might soon be coming face to face with. The illustrious rise of the Bangladeshi textile profile is a case study in itself. The boom has contributed greatly to the country’s economic development; having created millions of jobs and helping drive down the country’s poverty rate. Bangladesh-rmg-workerBut, in recent years, the rapid change has also created new probl...

India to import electricity from Nepal

India has requested Nepal to reduce its trade deficit by exporting electricity to New Delhi. During his meeting with top officials of the Himalayan country in Kathmandu on Sunday, Indian New and Renewable Energy Minister Farooq Abdullah said that it would be the ideal way for the hydropower-rich country to reduce trade deficit. According to Abdullah, it will be a “win-win situation” for the two South Asian neighbours because the proposed deal will not only help Kathmandu utilise its hydropower potential, but also help India meet the growing demand for electricity. India-Nepal

Bangladesh key economic indicators – Dec 23

DAILY INDICATORS

Sunday Previous Taka/US $ (inter-bank) 77.75-77.75 77.75-77.75 Call money rate (inter-bank) 06.50-08.00 05.50-08.00 Dhaka Stock Exchange index 4,288.87 4,244.63 ------------------------------------------------------------ indicatorMONTHLY CURRENT PREVIOUS Growth in: Consumer price index (BBS) Change yr/yr (pct) Nov. 7.15 7.03 M2 supply (bln taka) (BB) Oct. 6,403.17 6,267.23 Forex reserves ($bln)(BB) Nov. 17.11 17.35 Exports(FOB) ($mln)(BB) Nov. 2,212.44 ...