Bangladesh needs to take additional steps to catch up with other countries in the cross-border paperless trade to boost sustainable and inclusive growth and development, according to State Minister for Finance Waseqa Ayesha Khan.

The benchmark index of the Dhaka Stock Exchange (DSE) extended its gaining momentum as it advanced for the fifth consecutive day yesterday..The DSEX, the broad index of the premier bourse in Bangladesh, added 5.69 points, or 0.10 percent, to close the day at 5,564.63.

The recent correction of nearly $14 billion in export figures by the Bangladesh Bank (BB) has led to significant changes in the financial account of the balance of payments (BoP). The financial account, a crucial component of the BoP, turned positive after more than a year due to this correction.

Gold slipped on Monday as investors booked profits after soft US jobs data fuelled prices to a more than a-month high on rising expectations that the Federal Reserve will begin cutting interest rates in September.

Many Grameenphone users yesterday faced disruption in using internet and making calls for over 30 minutes due to “technical problems”.

A longstanding political issue has now evolved from a financial concern to a structural problem in Bangladesh, according to noted economist Prof Rehman Sobhan.

Climate change will affect aquaculture production in Asia, which accounts for almost 90 percent of global aquaculture production.

Accurate data is a crucial input for taking effective policies and putting the economy on the right track. If the data is not correct or time-befitting, policies might be proved wrong. Then, development successes will be only on paper and will not reflect reality.

Construction of the Chinese Economic and Industrial Zone (CEIZ) in Chattogram has not started despite eight years having passed since the Bangladesh Economic Zones Authority (Beza) first took the initiative to build the enclave in a bid to attract foreign investment.

The government has initiated moves to correct the system to calculate national data in oder to avoid the repetition of the shock after the central bank reported a massive statistical mismatch linked to exports.

The Anti-Corruption Commission has written to Bangladesh Bank and Islami Bank seeking information on 14 companies, including 11 of Nabil Group, regarding embezzlement of crores of taka from the Shariah-based bank through alleged loan fraud.

Bangladesh Bank yesterday unveiled the latest iteration of its exit policy that offers borrowers the option to close off their loan account within three years by paying only 10 percent as down payment and no interest.

The Bangladesh Bank today unveiled the latest iteration of its exit policy that offers borrowers the option to close off their loan account within three years by paying only 10 percent as down payment and no interest

Accurate data is a crucial input for taking effective policies and putting the economy on the right track. If the data is not correct or time-befitting, policies might be proved wrong. Then, development successes will be only on paper and will not reflect reality..In Bangladesh, economists

Technical problems caused the disruption, the operator said in a statement

This happened for the third time in a year

The global average score is 74.8

Bangladesh’s banking sector is bearing the brunt of the political bias towards the wealthy and the influential, experts said.

China is the largest exporting and second-largest importing country in the world. The Chinese domestic market is also expanding fast with increasing consumerism and brand popularity. Yet Bangladesh’s export to China is dropping despite signing the tariff waiver for many “Made in Bangladesh” products.

The world’s advanced economies are in the grip of a prolonged productivity crisis. In the decade following the financial crisis of 2008, the growth of output per hour worked in the Group of Seven rich countries slumped to less than 1 percent a year – less than half the rate of the decade before. This dismal performance is the single biggest economic problem facing the developed world – as well as the root of much of political and geostrategic angst.