DHAKA — Bangladesh is moving closer to implementing its eagerly anticipated Ninth National Pay Scale for public sector employees, with official preparations entering their final administrative stages. The draft notification detailing the revised salary framework has been forwarded to the Ministry of Law, Justice and Parliamentary Affairs for legal vetting. Once this statutory scrutinization is […]

Bangladesh Bank has released the latest foreign exchange figures for 12 September 2026, showcasing a period of relative stability for the Bangladeshi Taka (BDT) across major global currencies. The central bank’s updated reference rates reflect ongoing monetary measures aimed at managing currency volatility amidst evolving macroeconomic conditions in South Asia. According to the official data, […]

Bangladesh’s banking sector faces an intensifying crisis as total non-performing loans (NPLs) have breached the ৳6tn mark, with default risks dangerously concentrated amongst a handful of major lenders. Data released by Bangladesh Bank reveals that the top ten defaulted banks collectively accumulated ৳439.41bn (£28.2bn) in bad loans by the end of June 2026. This stark […]

Nazrul Islam Mazumder, the former chairman of EXIM Bank and head of the prominent Nassa Group, stands accused of orchestrating one of the most sophisticated financial frauds in Bangladesh’s history. Exploiting deep political ties with the deposed Awami League administration and former Prime Minister Sheikh Hasina, Mazumder allegedly siphoned off roughly 35,000 crore taka (approximately […]

Bangladesh’s expanding commercial ties with international trading partners continue to drive consistent demand across major foreign currency markets. With bilateral trade volumes rising steadily and cross-border transactions accelerating, institutional buyers, importers, and remittance recipients are keeping a close watch on daily valuation shifts. Midweek trading figures released on Wednesday show the Bangladeshi taka maintaining a […]