Its a system of exchange rate adjustments in which a currency with a fixed exchange rate is allowed to fluctuate within a band of rates.

Demand for credit has not increased as businesses have had to suspend their investment and expansion drives for the natural gas and dollar crises.

For years now, a plethora of reforms have been suggested by relevant stakeholders. As reactionary measures in a lot of instances, the government has explored some of these reforms and is taking steps in the right direction. However, considering where the economy stands right now and comparing with relevant countries, Bangladesh has significant ground to cover.

The telecom regulator has decided to slap a penalty on radio equipment vendors if they fail to have their licences renewed.

Credit card spending decreased in last November compared to the preceding month, according to BB

Global economic crises and inflation pressures are among reasons behind the decline of Motorcycle sales in Bangladesh

The National Board of Revenue (NBR) has lifted Advance Tax (AT) on import of parts and accessories for computers to be made locally, according to a notification.

The government amends the Explosive Regulations 2004

Over 1,000 machinery makers of 32 countries are expected to join the 18th Dhaka International Textile and Garments Machinery Exhibition

Eight years have passed yet construction of an industrial park has barely seen any progress in Munshiganj

Nanak said under the leadership of Prime Minister Sheikh Hasina, modernisation work will be done by utilising new innovations in the jute and textile sector in line with "Vision 2041"

The central bank has allowed imports of edible oil, chickpeas, pulse, peas, onion, spices, sugar, and dates on usance terms for up to 90 days under supplier’s or buyer’s credits.

The economy is losing momentum. Inflation remains stubborn. Bangladesh is facing deterioration in external buffers, with official reserves falling to $20.18 billion as of January 10, less than half their historic peak in 2021. The currency shock is lingering.

Bangladesh’s garment sector has firmly weathered the storm of Covid-19 and emerged stronger in spite of the hardships, reaffirming its position as a leader in sustainable and responsible business.

External financing will not be affected for Bangladesh in spite of the US stating that the national election here was not free and fair, said global credit rating agency Fitch.

In a major show of success, Biman Bangladesh Airlines has finally become the owner of two Boeing 777-300ER aircraft, having paid off the loan in regular instalments since 2011.

The newly formed government has appointed Ahsanul Islam Titu, elected from Tangail-6 (Nagarpur-Delduar) constituency in the recent 12th parliamentary election, as the state minister for commerce, according to a government gazette yesterday.

Tight supply and higher prices of wheat has driven flour prices to go up

Biman Bangladesh Airlines has finally become the owner of two Boeing 777-300ER aircraft, having paid off the loan in regular instalments since 2011

He took oath today as a member of the newly formed cabinet.