Within hours of ousting Ahsan H Mansur and appointing a new governor, the Bangladesh Bank (BB) transferred five officials and reinstated three previously transferred officials back to their posts.

The National Board of Revenue (NBR) is likely to extend the income tax return deadline by another month to March 31, marking the fourth extension this year.

The government’s abrupt cancellation of Ahsan H Mansur’s appointment as governor of Bangladesh Bank (BB) yesterday has drawn sharp criticism from stakeholders, including economists and bankers.

The government yesterday appointed Md Mostaqur Rahman, a garment entrepreneur, as the governor of Bangladesh Bank for four years, replacing Ahsan H Mansur.

Banking giant HSBC posted better-than-expected 2025 earnings on Wednesday thanks to a strong performance in its wealth business while it pressed ahead with sweeping overhauls to streamline its structure and cut costs.

When Ahsan Habib Mansur assumed office in the second week of August 2024 following a mass uprising, the financial reality was precarious.

Analysts caution that the move sends troubling signals about institutional stability

The garment entrepreneur by profession will hold the post for the next four years

Bangladesh shipped apparel worth $8.20 billion out of the $77.88 billion imported by the US last year

The protesting officials held a rally under the banner of the Bangladesh Bank Officers’ Welfare Council

Mansur said the issues raised, particularly the merger of several banks, are matters of state policy and political economy, not concerns for a staff association

The National Board of Revenue (NBR) has taken steps to facilitate tax return filing by Bangladeshis staying abroad.

While Russian oil exports dropped last year, Russia is still exporting higher volumes than before its invasion of Ukraine in 2022, researchers said Tuesday, calling for stricter sanctions enforcement.

With the main harvesting season for onions beginning in early March, prices of the popular bulb have fallen over the past week amid increased availability of early-harvested onions and imports, according to traders and farmers.

Mir Ahmad Bin Quasem Arman, a newly elected lawmaker from Bangladesh Jamaat-e-Islami, met Bangladesh Bank (BB) Governor Ahsan H Mansur yesterday to discuss the possibility of arranging foreign investment for mobile financial service provider Nagad.

Three officials of the Bangladesh Bank (BB) were transferred a day after being served show-cause notices for holding a press conference in violation of staff rules and commenting on policy decisions.

TakaPay card, the first-ever national debit card, has failed to secure a significant foothold in the two years since its launch by the central bank, aimed at reducing dependency on global payment networks such as Visa and Mastercard.

Garment factory owners yesterday urged Bangladesh Bank (BB) Governor Ahsan H Mansur to release export incentive funds so factories can pay workers’ wages and bonuses ahead of Eid-ul-Fitr.

The dollar crisis has eased. Foreign exchange reserves have improved from the lows seen four years ago. But imported fruits still face a 100 percent cash margin for opening letters of credit (LCs).

Although foreign currency pressures have eased, 100% cash margin requirements keep supply tight and prices high