Category: Business

Dhaka Enlists International Law Firms to Recover Laundered Assets Dhaka Enlists International Law Firms to Recover Laundered Assets

Dhaka Enlists International Law Firms to Recover Laundered Assets

The government has initiated a major international asset-recovery drive to reclaim billions in defaulted loans smuggled abroad through systemic banking fraud and corruption. Dhaka has signed Non-Disclosure Agreements (NDAs) with nine prominent international law firms to track, freeze, and repatriate these stolen assets on a “no win, no fee” basis. The legal offensive will initially […]
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Bangladesh Bank Orders Lenders to Continue Savings Certificate Sales Bangladesh Bank Orders Lenders to Continue Savings Certificate Sales

Bangladesh Bank Orders Lenders to Continue Savings Certificate Sales

Bangladesh Bank has instructed all scheduled banks across the country to continue selling government savings certificates and ensure that customers receive proper service when seeking to invest in these instruments. The central bank has also directed banks to take swift action in response to customer complaints and improve oversight of savings certificate-related operations at branch […]
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Foreign Exchange Rates Reflect Market Stability Today Foreign Exchange Rates Reflect Market Stability Today

Foreign Exchange Rates Reflect Market Stability Today

The value of the Bangladeshi Taka continues to fluctuate modestly against major global currencies, reflecting ongoing movements in international trade flows, remittance inflows, and broader macroeconomic conditions. According to data released by Bangladesh Bank and commercial banking channels, the foreign exchange market in Bangladesh on 23 June 2026 shows a broadly stable trend with limited […]
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Prime Bank Signs Strategic Deal with Ray White Prime Bank Signs Strategic Deal with Ray White

Prime Bank Signs Strategic Deal with Ray White

Prime Bank PLC has entered into a strategic partnership with Prime Bank PLC and Ray White Limited, aiming to provide enhanced value-added benefits to customers through exclusive discounts and special service privileges. The agreement was formally signed at a ceremony held at Rupayan Shopping Square in Bashundhara, Dhaka. According to an official press release issued […]
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Bangladesh To Receive World Bank Budgetary Support Bangladesh To Receive World Bank Budgetary Support

Bangladesh To Receive World Bank Budgetary Support

The World Bank Executive Board has formally announced its commitment to provide a total of 1.5 billion US dollars in budgetary assistance to Bangladesh for the upcoming 2026-27 fiscal year. According to institutional statements released on Monday, 22 June, by the national English-language news publication The Daily Star, the multilateral financial institution’s executive board is […]
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Bangladesh to Speed Up Business Start up Bangladesh to Speed Up Business Start-up

Bangladesh to Speed Up Business Start-up

The government of Bangladesh has announced plans to significantly streamline the process of starting a business, aiming to reduce bureaucratic delays and simplify licensing procedures in a bid to create a more investment-friendly environment. Commerce Minister Khandaker Abdul Muktadir stated that the administration is working to cut the time required to establish a new business […]
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Bangladesh Bank Rejects Politics in Islami Bank Bangladesh Bank Rejects Politics in Islami Bank

Bangladesh Bank Rejects Politics in Islami Bank

The Bangladesh Bank has firmly stated that no form of political interference will be allowed in the affairs of the country’s largest Shariah-based lender, Islami Bank Bangladesh PLC, amid escalating tensions surrounding its governance structure and ownership influence. Speaking on Monday, 22 June, central bank spokesperson Arif Hossain Khan emphasised that the stability of Islami […]
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Budget Income Tax Structure Discriminates Against Low Earners Budget Income Tax Structure Discriminates Against Low Earners

Budget Income Tax Structure Discriminates Against Low Earners

The proposed national budget for the 2026–27 financial year exhibits significant disparity within the personal income tax framework, according to the Centre for Policy Dialogue (CPD). The non-governmental research organisation stated that the newly introduced tax architecture disproportionately increases the fiscal burden on lower-income segments. Conversely, the growth rate of tax liability for high-earning individuals […]
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