November 30, 2021
Inflation climbs to 12-month high in October
Inflation jumped to a 12-month high in October as elevated levels of commodity costs in the international markets translated into higher consumer prices in Bangladesh, official figures showed...
October 28, 2021
Bangladesh Bank intensifies intervention as dollar hits new high
The central bank has intensified its efforts to keep the exchange rate of the local currency stable in the face of rising demand for US dollars.
September 26, 2021
Default Loan recovery plunges
Default loans recovery in Bangladesh fell to at least a five-year low of Tk 6,922 crore in the last fiscal year as borrowers struggled to pay back amid the economic slowdown caused by the...
September 21, 2021
Innovation Index: Bangladesh still at 116th
Bangladesh’s ranking in the Global Innovation Index has remained unchanged at 116th out of 132 countries.
September 21, 2021
BB unveils guideline on non-banking assets
The Bangladesh Bank yesterday unveiled a guideline on non-banking assets to allow lenders to deal with the properties put up as collateral after borrowers default.
August 16, 2021
Agent banking going places
Transactions through agent banking more than doubled to Tk 393,932 crore in the last fiscal year as the new window has taken financial services to the doorsteps of people.
August 15, 2021
MFS transactions off the charts
Money transferred through growing mobile financial services (MFS) in Bangladesh rose 40.50 per cent year-on-year to Tk 62,993 crore in June as people continue to rely on the digital platform amid...
August 3, 2021
ADP spending rebounds
Development spending in Bangladesh rebounded in the last fiscal year although the implementation rate was still one of the lowest in three decades because of the disruption caused by the...
July 20, 2021
Wage workers in double whammy
Wage labourers in Bangladesh passed a gruelling year as their income growth dropped to a six-year low in the last fiscal year, whereas living expenses went up amid rising inflation, official...
July 7, 2021
New company registration surges despite pandemic
Despite the lengthy coronavirus pandemic, 13,613 new companies were registered in Bangladesh in the just-included fiscal year, highlighting the confidence of businesses in the economy.