Business
Default loans rise to Tk3.45 lakh crore until December: Governor
Business —26 February, 2025 20:09
The defaulted loan amount in the country swelled to Tk3.45 lakh crore in December which is 20.20 percent of the total disbursement, said Bangladesh Bank…

BB aims to bring inflation down to 7-8% by June
Bangladesh Bank (BB) has announced a new monetary policy for…

Laid-off employees block Grameenphone head office over unmet demands
Hundreds of laid-off employees of Grameenphone, a unit of Telenor…


Inflation slightly down in January
The general point-to-point inflation rate in Bangladesh slid down to single digit again, thanks to the winter season food supply. It slightly eased in January to 9.94 percent, down…

CPD's report on state of economy identifies various challenges facing interim govt
The Centre for Policy Dialogue (CPD) on Wednesday said the interim government requires a comprehensive approach that balances short-term relief with handling long-term issues, while implementing…
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Depositors will get back money from weak banks: BB governor
Bangladesh Bank (BB) Governor Dr Ahsan H Mansur today assured depositors that they would get their money back from weak banks. "I assure that you will get your money or bonds back…
Business leaders call for extension of loan repayment period
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has urged Bangladesh Bank to extend the loan repayment period for defaulters from three months to nine months. The…
Saudi firm interested to transform Matarbari into regional mega port
Red Sea Gateway Terminal, a Saudi-owned company, on Friday expressed its interest to help transform the deep-sea port of Matarbari in Bangladesh into one of the largest ports…

VAT on hotels, restaurants to be revised to previous level: NBR
The National Board of Revenue (NBR) has decided to revise the VAT on hotels and restaurants to the previous level. NBR Member (VAT Policy) Mohammad Belal Hossain Chowdhury disclosed…
NESCO officials' fraudulence in ADB project
A group of officials of Northern Electricity Supply Company (NESCO) have allegedly been involved in altering technical of specification of a project of Asian Development Bank (ADB)…

Money laundering stopped due to transparency in banking sector: BB Governor
Bangladesh Bank (BB) Governor Dr Ahsan H Mansur on Saturday said that money laundering from the country has been halted due to the implementation of good governance in the banking…

BEZA eyes $5.5b investment by 2026
The Bangladesh Economic Zones Authority (BEZA) expected that five economic zones would draw US$5.5 billion worth investment by 2026. The economic zones are National Special…

Grameenphone’s terminated workers continue demo in second phase
A group of workers from mobile network operator Grameenphone (GP), a unit of Telenor in Bangladesh, has continued demonstration in the second phase demanding the reinstatement of employees…

MDs of Bangladesh’s 6 crisis-hit banks sent on forced leave
The Managing Directors (MDs) of six crisis-hit banks have been placed on compulsory leave to facilitate an international audit, as instructed by Bangladesh Bank (BB), officials said.…

VAT hike won't impact on prices of essentials: Salehuddin
Finance Adviser Dr Salehuddin Ahmed today said increase of value-added tax (VAT) on 43 goods and services will not significantly impact overall inflation or prices of essentials. …

Taka loses 12.72% value in 2024 as dollar strengthens
The Bangladesh Bank (BB) increased the US dollar exchange rate by Tk12 in 2024, resulting in a 12.72% depreciation of the local currency, the taka, over the year. A central…

December remittances hit $2.5bn
Expatriate Bangladeshis sent home a record US$2.64 billion as remittances in December, which was around 32 per cent higher than the corresponding month of the previous year. …