Is Islamic finance facing headwinds?
Rabiul Islam, a practising Muslim who works at a private organisation, refrained from conventional banking services for many years as both paying and receiving interest are against his religious principles.
7h ago
Losses of state enterprises may rise fivefold in FY25
The overall losses of state-owned enterprises in Bangladesh may rise by nearly five times in the current fiscal year compared to the previous year, according to a projection by the government.
2w ago
Old political issue has evolved from financial to structural problem
A longstanding political issue has now evolved from a financial concern to a structural problem in Bangladesh, according to noted economist Prof Rehman Sobhan.
2w ago
Dhaka Bank looks to spread its wings to fuel growth
Dhaka Bank is increasingly embracing technologies to serve customers digitally and enhancing its lending to small clients as it redesigns its focus to stay relevant.
3w ago
Customers’ confidence and trust are our capital
The timing of Citizens Bank’s launch on July 3, 2022, could not be worse: Bangladesh was reeling from the twin crises of the coronavirus pandemic and the Russia-Ukraine war, and people’s confidence in the banking industry eroded owing to loan scams and irregularities.
3w ago
IMF suggests raising repo rate by 50 basis points by Dec
The International Monetary Fund (IMF) has suggested the central bank raise the policy rate by 50 basis points by December this year since its monetary tightening is yet to rein in inflation.
4w ago
IMF charts path out of farm subsidy
The International Monetary Fund has suggested an alternative to reducing agricultural subsidies -- raising fertiliser prices and providing cash or vouchers for certain farm inputs to support poor farmers.
4w ago
ADP spending in July-May hits four-year low
Spending under the annual development programme (ADP) hit a four-year low in the first 11 months of the current fiscal year, owing to a slower implementation rate centring the national elections.
1m ago
July 27, 2024
Is Islamic finance facing headwinds?
Rabiul Islam, a practising Muslim who works at a private organisation, refrained from conventional banking services for many years as both paying and receiving interest are against his religious principles.
July 11, 2024
Losses of state enterprises may rise fivefold in FY25
The overall losses of state-owned enterprises in Bangladesh may rise by nearly five times in the current fiscal year compared to the previous year, according to a projection by the government.
July 9, 2024
Old political issue has evolved from financial to structural problem
A longstanding political issue has now evolved from a financial concern to a structural problem in Bangladesh, according to noted economist Prof Rehman Sobhan.
July 5, 2024
Dhaka Bank looks to spread its wings to fuel growth
Dhaka Bank is increasingly embracing technologies to serve customers digitally and enhancing its lending to small clients as it redesigns its focus to stay relevant.
July 3, 2024
Customers’ confidence and trust are our capital
The timing of Citizens Bank’s launch on July 3, 2022, could not be worse: Bangladesh was reeling from the twin crises of the coronavirus pandemic and the Russia-Ukraine war, and people’s confidence in the banking industry eroded owing to loan scams and irregularities.
June 28, 2024
IMF charts path out of farm subsidy
The International Monetary Fund has suggested an alternative to reducing agricultural subsidies -- raising fertiliser prices and providing cash or vouchers for certain farm inputs to support poor farmers.
June 28, 2024
IMF suggests raising repo rate by 50 basis points by Dec
The International Monetary Fund (IMF) has suggested the central bank raise the policy rate by 50 basis points by December this year since its monetary tightening is yet to rein in inflation.
June 27, 2024
ADP spending in July-May hits four-year low
Spending under the annual development programme (ADP) hit a four-year low in the first 11 months of the current fiscal year, owing to a slower implementation rate centring the national elections.
June 27, 2024
Islamic banks’ liquidity plummets 77% in 3 months
Liquidity at Islamic banks in Bangladesh has decreased drastically, deepening a lingering cash crunch at the crisis-hit Shariah-based banks.
June 25, 2024
UAE emerges as top remittance source for Bangladesh
Bangladesh received the highest remittance from the United Arab Emirates in the first 10 months of the outgoing fiscal year, well ahead of traditional powerhouses such as Saudi Arabia and the United States, central bank figures showed.
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