Bangladesh’s forex reserves fall to $33.86bn
Bangladesh’s foreign currency reserves have dwindled to $33.86 billion as the central bank continues to sell dollars to the banks with the demand for the greenback ...Details
Central bank to look into Islami Bank lending
The Bangladesh Bank will inquire about Islami Bank's lending irregularities, said a top central bank official, as recent media reports mentioning loans worth several ...Details
Govt aims to bring budget deficit back within 5pc by FY25
Bangladesh government is projecting to rein in the budget deficit back within 5 per cent of GDP by the 2024-25 fiscal from the current 5.5 per cent.
The budget ...Details
High provisioning rattles Global Islami Bank
Global Islami Bank Limited, a newly listed fourth-generation bank, witnessed an 18.4 per cent decline in net profit in the first nine months (January-September) of 2022, ...Details
Transport cost cut may raise export
Export earnings of Bangladesh are likely to rise by 20 percent more if transport costs drop, says the World Bank.
...Details
