Journalist leaders demand easy access to info at the central bank

Says HSBC’s chief economist for Asia

Cabinet Secretary for Coordination and Reforms Mahmudul Hossain Khan told The Daily Star

Bangladesh Bank has dismissed a report published by an Indian digital news outlet on a “new reserve heist” at the central bank.

It was “absolutely fake” news, Bangladesh Bank spokesman Mezbaul Haque said today.

The bank will support 3,500 MSMEs and women-led businesses in Bangladesh

The US dollar rate hikes will fuel steel raw material cost, they said at Bangladesh International Trade Summit

Turkish business leaders discussed bilateral trade potential with FBCCI president

The cement maker’s turnover fell 3%, profit 15% in Jan-Mar

$1.63 billion of ACU payment was settled today

BASIC Bank is experiencing a deep liquidity crunch as depositors have been withdrawing money for weeks following news that the state-run lender is going to be acquired by a private commercial bank.

Bangladesh Bank’s steps to boost the country’s foreign currency reserves will not yield any positive results overnight.

Bangladesh yesterday made three major decisions to cushion the economy against critical risks such as stubborn inflation and depletion of foreign currency reserves.

The International Monetary Fund (IMF) emphasised more reforms in the banking sector and tax collections and reducing subsidies to help the economy turn around.

The exporters have already welcomed the central bank's move to devaluate the local currency, which they have long been waiting for.

PRI Executive Director Ahsan H Mansur says

IMF mission concluded its 15-day visit to Bangladesh today

302 industries will make the investments

The crawling peg system for the taka is a delayed and, perhaps, inadequate response to the bleeding of forex reserves. Some economists suggest the central bank should go beyond this formula and open the exchange rate to market forces to stop the continuous erosion of reserves. Either way, exporters and remitters will celebrate more flexibility in the exchange rate.

Bangladesh Bank has dissolved the board of directors of National Bank Ltd, just five months after restructuring it.