Economy

Economy

IMF for keeping policy rate at 10% to contain inflation

Bangladesh should maintain its policy rate at 10 percent until the middle of fiscal year 2025-26, the International Monetary Fund (IMF) has said, citing the inflationary pressures of a weaker currency and the heightened sensitivity of inflation expectations to exchange rate depreciation.

15m ago

Auditors, rating agencies fail to forecast banking woes

Banks have several layers of professionals to regularly assess their financial health and raise early warnings at the first sign of trouble.

15m ago

Govt’s ‘single window’ speeds up trade services

Over 85 percent of the certificates, licences, and permits (CLPs) issued so far through the Bangladesh Single Window (BSW) system were delivered within an hour, according to the National Board of Revenue.

16m ago

Farmland expands in 16 districts, defying national decline

Bangladesh is losing farmland. There are multiple reasons behind the shrinkage—from the construction of homes and the establishment of factories to the development of other facilities.

16m ago

Embedded finance and the promise for CMSMEs

Cottage, Micro, Small & Medium Enterprises (CMSMEs), although being key contributors to Bangladesh’s national GDP growth, remain stifled by limited access to finance, markets, and digital tools.

16m ago

Fraudulent trade deals enable money laundering: study

Fraudulent trade transactions are one of the key reasons behind the rise in non-performing loans (NPLs) in Bangladesh’s banking sector, creating a dangerous feedback loop that undermines financial stability and enables trade-based money laundering (TBML), according to a study by the Bangladesh Institute of Bank Management (BIBM).

16m ago

Processed food exports slow further

Bangladesh’s agricultural product exports increased slightly last fiscal year, although shipments to India fell, apparently due to its recent ban on the entry of goods, including processed foods, garments, fruits, and soft drinks, through all land ports except Bhomra.

31m ago

Dhaka stock rally for fifth day

The DSEX rose 25.59 points to settle at 5,219.62

8h ago

IMF for keeping policy rate at 10% to contain inflation

Bangladesh should maintain its policy rate at 10 percent until the middle of fiscal year 2025-26, the International Monetary Fund (IMF) has said, citing the inflationary pressures of a weaker currency and the heightened sensitivity of inflation expectations to exchange rate depreciation.

15m ago

Auditors, rating agencies fail to forecast banking woes

Banks have several layers of professionals to regularly assess their financial health and raise early warnings at the first sign of trouble.

15m ago

Govt’s ‘single window’ speeds up trade services

Over 85 percent of the certificates, licences, and permits (CLPs) issued so far through the Bangladesh Single Window (BSW) system were delivered within an hour, according to the National Board of Revenue.

16m ago

Farmland expands in 16 districts, defying national decline

Bangladesh is losing farmland. There are multiple reasons behind the shrinkage—from the construction of homes and the establishment of factories to the development of other facilities.

16m ago

Embedded finance and the promise for CMSMEs

Cottage, Micro, Small & Medium Enterprises (CMSMEs), although being key contributors to Bangladesh’s national GDP growth, remain stifled by limited access to finance, markets, and digital tools.

16m ago

Fraudulent trade deals enable money laundering: study

Fraudulent trade transactions are one of the key reasons behind the rise in non-performing loans (NPLs) in Bangladesh’s banking sector, creating a dangerous feedback loop that undermines financial stability and enables trade-based money laundering (TBML), according to a study by the Bangladesh Institute of Bank Management (BIBM).

16m ago

Processed food exports slow further

Bangladesh’s agricultural product exports increased slightly last fiscal year, although shipments to India fell, apparently due to its recent ban on the entry of goods, including processed foods, garments, fruits, and soft drinks, through all land ports except Bhomra.

31m ago

Dhaka stock rally for fifth day

The DSEX rose 25.59 points to settle at 5,219.62

8h ago

Rupali Bank Q2 profit plunges 83%

The bank attributed the decline in profit to a fall in operating income

9h ago

Dhaka stocks rise for fifth day

The DSEX rose 48.81 points to reach 5,242.84 by 11:44 am

12h ago