A circular from the central bank mandates that the gap between average interest rates on all loans and deposits — excluding credit cards and consumer finance — must not exceed 4 percent. The ...
The World Bank has attributed the rise in poverty and the employment crisis in Bangladesh to high inflation and declining wages. Persistently high inflation has eroded the purchasing power of families ...
The new cabinet members will be sworn in this evening, just after Mirza Fakhrul Islam Alamgir’s oath as president. Four more individuals are set to join the cabinet. Abdul Moyeen Khan, Andaleeve ...
BBS’s latest GDP estimates rest on a statistical record that multiple research bodies and economists say the ousted Awami League government systematically pumped up during its near-15-year rule.
Successive governments shied away from authorising extraction at four major coal fields. Import dependence consequently deepened, leaving the vast resource stranded underground. Bangladesh’s five ...
City Group has applied for policy support from the central bank — a first in its 50-year history. Top executives of the banks and financial institutions that lent to the group have now united to find ...
Md Sarwar Hossain has been appointed as deputy governor under Article 10(4) of the Bangladesh Bank Order, 1972. The government appointed Md Sarwar Hossain, executive director of Bangladesh Bank, as a ...
Bangladesh Railway has already drafted the development project proposal. Officials expect to place it before the Executive Committee of the National Economic Council by June 2026. If approved, ...
According to quick estimates by India’s Ministry of Commerce and Industry, Indian exports to Bangladesh dropped by 6.19 percent during the April–June period this year. In June alone, exports to ...
Despite rising consumption, large-scale industrial use remains limited. The paper suggested that with stronger government support, investment, and infrastructure, LPG could see significant growth ...
The meeting was held at the Cabinet Division in the Bangladesh Secretariat on Wednesday. United Nations Development Programme (UNDP) Resident Representative in Bangladesh Stefan Liller paid a courtesy ...
DMTCL officials say the proposals submitted by Japanese contractors could push metro rail construction cost to nearly BDT 2 trillion—almost double the government’s original estimate. Two more metro ...