A M Jahid
Staff Reporter at The Daily Star, Bangladesh #10 years of experience #Expertise: digital and multimedia content production, fact checking, data analysis, social media management, search engine optimization.
Staff Reporter at The Daily Star, Bangladesh #10 years of experience #Expertise: digital and multimedia content production, fact checking, data analysis, social media management, search engine optimization.
Nearly half of the total remittances in December last year came to Bangladesh through Islamic banking channels, according to the Bangladesh Bank.
Bangladesh’s macroeconomic performance has significantly improved since the country entered the IMF’s $4.7 billion loan programme in January last year, but the bleeding of foreign currency reserves continues, putting the taka under pressure, the global lender said yesterday.
Exim Bank's profit declined 9.4 percent year-on-year to Tk 337 crore in 2023, according to a disclosure on the Dhaka Stock Exchange (DSE) website yesterday.
Only 28.3 percent had an account with a bank or NBFI last year, it showed, increasing from 26.2 percent the year prior.
As the darkness of night made way for the first light of day, a rhythmic hum echoed through the tranquil dawn in Jamalpur like a heartbeat.
As middle and low-income segments of society struggle against the backdrop of a severe cost-of-living crisis, the surge in aggregate demand ahead of Eid-ul-Fitr poses a further hurdle for many striving to celebrate the festival.
BRAC Bank PLC registered a 35 percent increase in profit to Tk 827.50 crore last year thanks to its focus on small and medium enterprises (SME) and technology-based customer services, which added over 3.60 lakh new customers.
The rising price level in Bangladesh has left the middle and low-income segments in a severe cost of living crunch, with inflation hovering above 9 percent since March last year.
Nearly half of the total remittances in December last year came to Bangladesh through Islamic banking channels, according to the Bangladesh Bank.
Bangladesh’s macroeconomic performance has significantly improved since the country entered the IMF’s $4.7 billion loan programme in January last year, but the bleeding of foreign currency reserves continues, putting the taka under pressure, the global lender said yesterday.
Exim Bank's profit declined 9.4 percent year-on-year to Tk 337 crore in 2023, according to a disclosure on the Dhaka Stock Exchange (DSE) website yesterday.
Only 28.3 percent had an account with a bank or NBFI last year, it showed, increasing from 26.2 percent the year prior.
As middle and low-income segments of society struggle against the backdrop of a severe cost-of-living crisis, the surge in aggregate demand ahead of Eid-ul-Fitr poses a further hurdle for many striving to celebrate the festival.
As the darkness of night made way for the first light of day, a rhythmic hum echoed through the tranquil dawn in Jamalpur like a heartbeat.
BRAC Bank PLC registered a 35 percent increase in profit to Tk 827.50 crore last year thanks to its focus on small and medium enterprises (SME) and technology-based customer services, which added over 3.60 lakh new customers.
The rising price level in Bangladesh has left the middle and low-income segments in a severe cost of living crunch, with inflation hovering above 9 percent since March last year.
The number of shoppers has been increasing since Friday, said brands and retailers. But with about 18 days left until Eid, consumers are yet to start buying clothing items in large quantities, they said.
The gap broadened to 16.06 percentage points in December last year from 3.25 percentage points in the same month in 2019, according to the data.