Foreigners working in Bangladesh sent home $137 million in 2022, World Bank data showed although analysts believe the exact figure would be much higher since many people from other nations are employed in the country without valid permits. The outflo ...
How new banks are faring after a decade
The government awarded licences to set up new nine banks in 2013 despite criticism from analysts and economists and initial reservations from the central bank since the number of lenders was already high in Bangladesh and approvals were largely given ...
Why capital investment from China, US nosedives in 2022
The higher outflow of foreign capital than inflow due to interest rate hike by the Federal Reserve Bank of America resulted in negative growth in equity capital investment in Bangladesh, which ultimately waned the country’s foreign exchange reserves ...
Cenbank keeps printing money amid inflation worries
Infographic: TBS The central bank continues to utilise a potentially inflation-fuelling tool – lending money to the government by printing it – as Bangladesh continues to grapple with high inflationary pressure, the extent of which has been decli ...