Bangladesh’s economy is becoming increasingly integrated with global trade and remittance flows, making foreign exchange movements a critical indicator for policymakers, businesses, and households alike. Export earnings, import payments, and remittances from Bangladeshis working abroad collectively form the backbone of the country’s foreign currency inflows. Against this backdrop, daily exchange rate updates of the Bangladeshi […]

Economists and policy analysts have expressed deep concern over Bangladesh Bank’s growing reliance on financing government expenditure through money creation, warning that such practices could intensify inflationary pressures and place sustained strain on the broader macroeconomic framework. At a recent seminar held at the Policy Research Institute’s office in Banani, Dhaka, experts highlighted that the […]

Concerns are mounting over increasing monetary pressures and inflationary risks within Bangladesh’s financial system, following fresh warnings from leading economists. The Chief Economist of the Policy Research Institute (PRI), Ashikur Rahman, has cautioned that recent government borrowing from the central bank could intensify inflationary pressures in the months ahead. Speaking at a seminar on the […]

Bangladesh’s economic integration with global markets continues to deepen, driven by expanding international trade, growing import-export activities, and substantial remittance inflows from its overseas workforce. In this context, foreign exchange rates serve as a vital economic indicator, reflecting the country’s external financial position and its responsiveness to global market dynamics. According to the latest data […]

The country’s foreign exchange market on Wednesday continued to exhibit a pattern of moderate fluctuations, reflecting ongoing volatility in global currency markets. Persistent international uncertainty, particularly linked to tensions in the Middle East, alongside broader macroeconomic instability, has continued to influence domestic currency dynamics. As a result, exchange rates have remained unstable over recent days, […]

A legal notice has been issued demanding the immediate withdrawal of the Insurance Business Registration Fee (Amendment) Regulations, 2024, which introduced a significant increase in insurance company registration renewal fees. The notice also calls for the suspension of all activities related to the collection of the revised fees. The notice was issued in the public […]

Sonali Life Insurance Company Limited has conducted a specialised professional development programme titled “Career Guide Special Training” at the Khulna Shilpakala Academy. The training session was organised recently with the participation of branch managers from across the Khulna division. The initiative focused on strengthening professional competencies, improving career planning awareness, and enhancing the effectiveness of […]

A formal memorandum of understanding has been signed between Chartered Life Insurance PLC and HMCL Niloy Bangladesh Limited, the authorised distributor of Hero motorcycles in Bangladesh. Under this agreement, purchasers of Hero motorcycles in the country will receive integrated insurance protection coverage provided by Chartered Life Insurance. The agreement was concluded at a recent official […]

Textile exporters and millers in Bangladesh are under growing financial strain as a large number of troubled commercial banks have failed to settle long-overdue payments against local back-to-back letters of credit (LCs), leaving accepted bills unpaid for years despite contractual maturity obligations. According to bankers and industry stakeholders, outstanding liabilities linked to such unpaid bills […]