In a significant move to bolster the industrial sector and streamline trade operations, Bangladesh Bank (BB) has announced that the usance period for imports of industrial raw materials will be set at 270 days. This revised policy will come into effect from 1 January 2026. According to a circular issued by the Foreign Exchange Policy […]

During the first 27 days of December, Bangladesh received a total of USD 2,751.91 million in remittances from its expatriate workforce. However, according to the latest report from Bangladesh Bank, seven banks recorded zero remittance inflows during this period, highlighting persistent operational and technological challenges within the sector. The banks that failed to process any […]

In a volatile turn for the precious metals market, the Bangladesh Jewellers’ Association (BAJUS) has announced a significant reduction in gold prices, effective from Tuesday. This correction comes just twenty-four hours after the commodity hit an all-time historic high in the domestic market. The price of high-quality 22-carat gold is set to decrease by 2,508 […]

The Bangladeshi economy is currently weathering a perfect storm of systemic challenges, characterised by stubborn inflation, a stagnant labour market, and a precarious banking sector. Although the interim government has made strides in stabilising the external sector, the internal economy remains in the grip of a deep-seated crisis. For the average citizen, the cost of […]

In a strategic move to ensure stability within the national foreign exchange market, the central bank of Bangladesh has successfully purchased $115 million from three prominent commercial banks through a competitive auction process. This latest intervention, conducted on Sunday, 28 December, marks a continued effort by the monetary authorities to manage currency volatility and strengthen […]

The landscape of retail banking in Bangladesh has undergone a remarkable transformation during the third quarter of 2024, characterised by a striking divergence between participation and portfolio value. While the number of individual borrowers surged by over half a million, the actual volume of outstanding consumer debt witnessed a sharp contraction of more than 22,000 […]

In a landmark step towards sustainable development in Bangladesh’s energy sector, Prime Bank PLC and Flowco Bangladesh Limited have jointly launched a dedicated green financing programme for petrol pump entrepreneurs. This pioneering initiative aims to introduce environmentally friendly technologies across the downstream fuel sector, enhancing operational efficiency while contributing to the nation’s sustainability targets. The […]

Bangladesh, along with the wider South Asian region, is witnessing a transformative phase in its insurance sector. Rapid technological advancement, climate change, and economic volatility are acting as the primary drivers of this shift. Accelerating urbanisation, industrial growth, and the expansion of the middle class have significantly increased the value and volume of assets, naturally […]

Zenith Islamic Life Insurance PLC has further expanded its group life and health insurance programme, formally incorporating Cumilla University (CU) under its comprehensive coverage scheme. This addition marks a significant milestone, as eight leading universities across Bangladesh are now beneficiaries of Zenith Islamic Life’s group insurance services, underscoring the company’s ongoing commitment to ensuring financial […]

Dhaka, 24 December 2025 – Bank Asia PLC, a leading financial institution in Bangladesh, celebrated the 17th anniversary of its Islamic Banking Services on Wednesday, highlighting its pivotal role in the growth of the country’s Sharia-compliant banking sector. The occasion was marked with a formal discussion session and a Dua Mahfil at the Bank Asia […]