BB warns treasury heads as forward bookings surge

Finance minister says

Finds new study on 2035 EU due diligence rules

The German Business Council (GBC) has recently hosted a business networking dinner at The Westin Dhaka.

The Russia-Ukraine war and the US-Israeli war on Iran, along with the depreciation of the taka, have sharply raised production costs for Bangladeshi farmers, a prominent economist said yesterday, calling for agricultural subsidies to be more than doubled in the upcoming budget.

BB Governor Md Mostaqur Rahman gave the instruction at a meeting between the central bank and treasury heads of commercial banks

The proposal by the National Board of Revenue (NBR) to increase the source tax on essential commodities from 0.5 percent to 1 percent raises serious concerns

EU Ambassador to Bangladesh Michael Miller meets the minister

Customers must complete a card transaction of up to Tk 500 and wait 24 hours before linking the card to an MFS account

Bangladesh Bank (BB) has directed all banks to keep their branches and sub-branches open on May 23 and 24 ahead of Eid-ul-Azha to facilitate financial transactions and salary payments for garment workers.

Bangladesh Bank has purchased nearly $6 billion from the foreign exchange market so far in the fiscal year 2025-26, reflecting continued efforts to manage liquidity and stabilise the exchange rate.

Despite achieving healthy economic growth over the past decade, Bangladesh’s economy is now showing signs of strain due to persistent inflation and slowing private investment, exposing underlying weaknesses, experts said at an event yesterday.

The upcoming FY27 budget will be a “litmus test” for the newly elected government, experts warned yesterday, as it faces mounting pressure to balance reforms, debt obligations and political promises within the tightest fiscal space in recent memory.

When VAT, customs duties and supplementary duties are combined, Bangladesh’s indirect tax share reaches 78.2 percent

Tk 14,500 crore to be spent for Family Card and Farmers Card programmes

After over one and a half months of suspension, voting for the biennial election of the Chittagong Chamber of Commerce and Industry (CCCI) is set to be held on May 23.

The “Financial Accounting and Reporting (FAR) Summit 2026” will begin tomorrow at the Pan Pacific Sonargaon Dhaka, aiming to strengthen transparency and accountability in Bangladesh’s corporate and financial sectors.

Fitch Ratings revised Bangladesh’s sovereign outlook to “Negative” from “Stable” on May 13 while affirming the long-term rating at B+. The announcement framed this as Middle East exposure.

The ratio of women engaged in economic units in the country has remained stagnant over the decade to 2024, even though overall economic activities expanded during the period.

Bangladesh Bank has purchased nearly $6 billion from the foreign exchange market so far in the fiscal year 2025-26, reflecting continued efforts to manage liquidity and stabilise the exchange rate.