Category: Business

Bangladesh Inflation Hits 16 Month High in May Bangladesh Inflation Hits 16-Month High in May

Bangladesh Inflation Hits 16-Month High in May

National inflation in Bangladesh escalated to 9.42 per cent in May, marking the highest level recorded in the past 16 months. According to the latest data released on Sunday by the Bangladesh Bureau of Statistics (BBS), this figure represents the sharpest rise in consumer prices since February 2025. Furthermore, headline inflation has consistently exceeded the […]
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Karmasangsthan Bank Evaluates Regional Operations In Sylhet

Karmasangsthan Bank Evaluates Regional Operations In Sylhet

Karmasangsthan Bank held its scheduled Business Review Meeting-2026 on Saturday in Sylhet, bringing together the division’s complete management tier to review progress under its current 90-day special programme. The high-level conference required the mandatory attendance of all Regional Managers, Branch Managers, and Second Officers operating under the jurisdiction of the Sylhet Divisional Office. An official […]
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Taka Holds Firm Amid Currency Shifts Taka Holds Firm Amid Currency Shifts

Taka Holds Firm Amid Currency Shifts

On the first working day of the week, Sunday, the domestic foreign exchange market in Bangladesh continued to reflect a mixed but largely stable trend, with the US dollar maintaining its recent position while several other major global currencies recorded marginal declines. According to data released by the Bangladesh Bank, the US dollar remained unchanged […]
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Central Bank Waives Islami Bank Penalty Central Bank Waives Islami Bank Penalty

Central Bank Waives Islami Bank Penalty

Allegations of irregular foreign exchange transactions and questionable regulatory decisions have surfaced involving Bangladesh Bank and Islami Bank Bangladesh Limited during a period when the latter was under the influence of S. Alam Group. Internal documents and audit observations suggest that both large-scale liquidity support and subsequent penalty enforcement were later partially reversed without formal […]
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IMF Halts Previous Bangladesh Loan Framework

IMF Halts Previous Bangladesh Loan Framework

The International Monetary Fund (IMF) has explicitly stated that it is no longer legally or strategically viable to proceed with the previously negotiated loan agreement or the existing programme framework established under the country’s former administration. This decision follows a major transition in the overall political leadership of Bangladesh. Julie Kozack, the IMF’s Director of […]
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Global Insurance Sector Witnesses Technological Shifts And Expansions Global Insurance Sector Witnesses Technological Shifts And Expansions

Global Insurance Sector Witnesses Technological Shifts And Expansions

The international insurance sector experienced a period of accelerated artificial intelligence (AI) adoption, expanding distribution channels, significant technological partnerships, and crucial regulatory updates across Asia. Key developments included a surge in AI-related employment, new regulatory frameworks for foreign workers, and strategic corporate alliances aimed at broadening market reach. AI Recruitment Surges Amid Technology Integration Insurance […]
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CPD Warns Structural Flaws Imperil Bangladesh Economic Stability CPD Warns Structural Flaws Imperil Bangladesh Economic Stability

CPD Warns Structural Flaws Imperil Bangladesh Economic Stability

The Bangladeshi economy has been grappling with multifaceted crises for several consecutive years, with domestic and global pressures further exacerbating the situation. Although recent data indicates a minor reprieve in specific economic indicators, the Centre for Policy Dialogue (CPD) has cautioned that these improvements are unsustainable. The think-tank emphasised that temporary signs of relief mask […]
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Soft Loan Scheme Revives Idle Industries Soft Loan Scheme Revives Idle Industries

Soft Loan Scheme Revives Idle Industries

Bangladesh Bank has unveiled a substantial refinancing initiative aimed at bringing dormant and underutilised industrial and service-sector enterprises back into operation, in a move designed to stimulate production, employment, and export growth. Under the scheme, a dedicated fund of Tk 20,000 crore has been created for large-scale industries and service-oriented businesses that remain closed or […]
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Foreign Exchange Rates Updated Today Foreign Exchange Rates Updated Today

Foreign Exchange Rates Updated Today

The demand for up-to-date foreign exchange information continues to grow as over ten million Bangladeshi expatriates live and work across the world. Their remittances, along with expanding international trade activities, make daily currency exchange rates highly significant for individuals, businesses, and financial institutions alike. Even minor fluctuations in exchange values can influence remittance amounts, import […]
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