The recently introduced monetary policy in Bangladesh is criticized for lacking substantial reforms and appears to echo traditional strategies, falling short of delivering tangible impacts on the economy. The primary challenge of... Read more »
The Bangladesh Bank is set to implement the crawling peg system for exchange rates, a move widely considered positive when adjusted to the real effective exchange rate. While this method is viewed... Read more »
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Asian Development Bank (ADB) Country Director Edimon Ginting stressed the urgency of Prime Minister Sheikh Hasina’s return for the future of Bangladesh during a meeting at the PM’s official residence, Ganabhaban. Quoting... Read more »
US Ambassador to Bangladesh, Peter Haas, expressed eagerness to collaborate closely with Bangladesh in the coming months, emphasizing mutual interests during discussions on Wednesday. The ambassador highlighted key areas of cooperation, including... Read more »
Shoeb Chowdhury, the newly appointed Chairman of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) standing committee on “press and media,” is a prominent figure with extensive experience in the... Read more »
Commercial banks in Bangladesh are actively pursuing foreign funds to strengthen their offshore portfolios, aiming to offer customers dollar-denominated loans. The recent removal of a 20% tax on interest from foreign loans... Read more »
The Finance Minister has announced an increase in interest rates for the US Dollar Premium Bond and US Dollar Investment Bond, targeting investments up to $100,000. The move is aimed at attracting... Read more »
In a bid to enhance travel convenience and flexibility between Bangladesh and India, Bangladesh is set to propose substantial amendments to its existing travel agreement with India. The proposed changes, which aim... Read more »
Ahsanul Islam (Titu), the recently appointed State Minister of the Commerce Ministry, has declared decisive measures against any manipulation of consumer goods by major corporate importers. During a meeting at the Commerce... Read more »
In a dedicated endeavor to uplift the well-being of garment workers in Bangladesh, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has embarked on a strategic initiative. Recognizing the pivotal role of... Read more »