Bot Bangladesh
Bangladesh slips three notches in Global Innovation ranking
The country was ranked 105th in the latest GII, down from 102nd a year ago
Former Ctg chamber president, his wife ordered to clear Tk 184 crore default loans
The duo has so far defaulted on loans of Tk 904 crore given by different banks
BBS Cables’ profit nosedives 88%
The company’s profit fell to Tk 9.74 crore in FY23 from Tk 80.66 crore in FY22
‘BB governor worse performer than 70 countries’ central bank chiefs’
New York-based Global Finance magazine finds, reviews performance of central bank chiefs of 102 countries.
Nearly 22,000 MFS accounts blocked for hundi, online gambling
The BFIU says in a meeting with commercial bankers
No forward forex contract for over three months: BB
The forward forex rate will be Tk 113.85 a US dollar
Ministries asked to send budget execution plan by Oct 8
The finance ministry made the call through a circular
None communicated yet regarding ACU payment restriction: BB
The Bangladesh Bank (BB) is yet to receive any official communication neither from the US authorities nor from the Asian Clearing Union (ACU) regarding restriction on processing payments linked to the ACU.
Emirates sweeps 9 awards at Monitor Airline of the Year
The Dubai-based airline won a total of five gold, two silver and two Bronze awards in various categories
US dollar gets costlier
The Bangladesh Foreign Exchange Dealers' Association (Bafeda) and the Association of Bankers' Bangladesh (ABB) increased the rate at a virtual meeting
Banks asked to work together to stabilise forex market
The central bank instruction came from a meeting between Governor Abdur Rouf Talukder and a delegation of the Association of Bankers Bangladesh (ABB)
BGMEA demands fair price from buyers
The BGMEA made the demands in a letter sent to Action, Collaboration, Transformation (ACT)
Exporters’ dollar retention limit lowered again
Traders are allowed to keep a portion of their earnings in the export retention quota (ERQ) accounts to settle back-to-back letters of credit liabilities without facing exchange losses.
BTMA re-elects Mohammad Ali Khokon as president
The president, three vice-presidents and 23 directors were elected unopposed
