Category: Economy

LR Global Bangladesh Asset Management Company has decided to extend the tenure of its six closed-end mutual funds for another 10 years. The six are LR Global Bangladesh Mutual Fund One, NCCBL Mutual Fund-1, AIBL Read more…

The securities regulator has extended the tenure of the existing closed-end mutual funds (MFs) for another term of ten years.In this regard, the Bangladesh Securities and Exchange Commission (BSEC) has issued a directive scrapping its Read more…

The National Budget for 2019-20 marks the final year of the 7th five-year plan and heavily focuses on infrastructure development of the country. The budget exudes high optimism with an 8.2% targeted GDP growth amid Read more…

The national budget for FY17 has been proposed in a stable macroeconomic context. While GDP growth and inflation figures in last fiscal year were within Government’s target, budgeted expenditure and revenue were largely off-target as Read more…

The economy, riding on the key economic drivers, emerged from its two-year long hibernation. Furthermore, waves of new investment commitments by the Government and foreign partners revived investors’ confidence, generating optimism to a whole new Read more…

The forthcoming fiscal 2015-16 marks the beginning of the terminal phase of ‘Vision 2021’. The proposed budget for FY 2015-16, therefore, aims high to break free of the 6% growth trap and achieve a ‘modest’ Read more…

Bangladesh economy is in that critical phase where it requires a ‘push’ to break out of the 6% trap. In the absence of any major political setback, GDP growth is expected to pick up from Read more…