Islami Bank Bangladesh Limited’s terminated employees and those placed on OSD yesterday demanded reinstatement to their original posts and immediate withdrawal of the OSD status imposed on thousands.
An IMF mission is scheduled to arrive in Dhaka on October 29 for a two-week review of progress made until June.
As of December 2024, the top 20 borrowers owed Tk 85,444 crore
The Asian Development Bank (ADB) will cancel or redirect around $408 million from projects in Bangladesh this year due to prolonged implementation delays, even as several ADB-funded schemes made progress.
Bangladesh has attracted $1.8 billion in greenfield foreign direct investment (FDI) in logistics between 2019 and 2024, accounting for 4.9 percent of South Asia’s total, according to a report by GlobalData and the International Finance Corporation (IFC).
The review is expected to start within a month and conclude by mid-January 2026
A CEO in Dhaka once gathered his managers and declared with great seriousness, “Our company has only one purpose: to maximise profit.
Bangladesh Bank has been maintaining a contractionary monetary policy stance for nearly two years to bring down inflation
Potato prices across Bangladesh have plunged below Tk 20 per kilogramme from Tk 25 a month ago, leaving farmers reeling from losses even as the government struggles to contain the market glut..Stakeholders blame the government for failing to implement its announced measures, including a mi
The Asian Infrastructure Investment Bank (AIIB) and the New Development Bank (NDB), two global multilateral development banks, will provide City Bank PLC $75 million in long-term financing for private sector projects with a strong focus on renewable energy and sustainable infrastructure..T
Sustainability-linked loan advances Envoy’s yarn production and solar energy capacity
The interim government is seeking to introduce sweeping reforms in the fisheries sector, aiming to ensure safe fish free of chemical, microbiological and hazardous elements.
Tk 58cr stuck in payment gateways as government efforts stall
Manufacturers say many factories closed while others sell at a loss just to meet loan instalments
The interim government has withdrawn a requirement for outsourced personnel to renew approvals for working in annual development programmes (ADP).
VoWiFi pilot greenlighted for GP, Banglalink, promising uninterrupted voice calls indoors
The national economy of Bangladesh is facing one of its toughest tests in decades. The provisional GDP growth for this fiscal year is only 3.97 percent, the lowest in 34 years apart from the pandemic period. It is true that a sluggish growth rate can have different interpretations when compared with previous years, but few can deny the adverse state of many economic indicators even after more than a year of the interim government.
The Reserve Bank of India (RBI) kept its policy rate unchanged on Wednesday, signalling room to lower rates in December as it assesses the impact of domestic tax cuts and punitive US tariffs on the South Asian economy.
