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Category: Economy

Mercantile Bank Opens Four New Sub-Branches

Mercantile Bank Opens Four New Sub-Branches

GLive24.com DeskJune 5, 2026
Mercantile Bank PLC has further widened its commercial footprint across Bangladesh by launching four additional sub-branches. The strategic expansion aims to extend modern financial facilities and convenient retail banking directly to communities outside major urban hubs. According to an official corporate press release, the new units were opened simultaneously during a central ceremony where the […]
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Central Bank Buys Millions To Stabilise Currency 2 Central Bank Buys Millions To Stabilise Currency

Central Bank Buys Millions To Stabilise Currency

GLive24.com DeskJune 4, 2026
The central bank of Bangladesh, the Bangladesh Bank, has executed a targeted intervention in the domestic foreign exchange market by purchasing 25 million US dollars from two commercial banking institutions. This strategic monetary operation was conducted to maintain stability within the national currency market, managing the evolving liquidity dynamics of foreign currency notes within the […]
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Bangladesh Bank Records Robust Annual Inward Remittances 1 Bangladesh Bank Records Robust Annual Inward Remittances

Bangladesh Bank Records Robust Annual Inward Remittances

GLive24.com DeskJune 4, 2026
Official financial disclosures published by the central bank of Bangladesh, the Bangladesh Bank, have outlined the latest statistical trends governing the arrival of overseas financial transfers. The formal documentation presents an analysis of incoming capital sent by expatriate citizens during the opening sequence of the current calendar month. The regulatory tracking reveals that during the […]
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Philippine Insurance Market Expands During First Quarter 3 Philippine Insurance Market Expands During First Quarter

Philippine Insurance Market Expands During First Quarter

GLive24.com DeskJune 4, 2026
A comprehensive review of the financial landscape reveals that the Philippine insurance industry experienced notable growth during the first quarter of 2026. This expansion occurred despite persistent economic headwinds, with the market recording an uptick across vital financial measurements including total premium collections, overall asset valuation, and investment deployment. Key Market Metrics According to data […]
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LDC Graduation Delay Hinges on Reforms LDC Graduation Delay Hinges on Reforms

LDC Graduation Delay Hinges on Reforms

GLive24.com DeskJune 4, 2026
Bangladesh’s request to extend its preparation period for graduation from the United Nations list of Least Developed Countries (LDCs) is likely to be granted for a shorter duration, subject to progress on key structural reforms across economic sectors, according to the United Nations Committee for Development Policy (CDP). The government had sought a three-year extension, […]
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725 Officer Posts in State Owned Banks 725 Officer Posts in State-Owned Banks

725 Officer Posts in State-Owned Banks

GLive24.com DeskJune 4, 2026
A recruitment notice has been issued for the appointment of ‘Officer (General)’ positions across several state-owned banks and financial institutions under the supervision of the Bankers’ Selection Committee. The recruitment process will be conducted on a combined basis, with a total of 725 vacancies available. The deadline for submitting applications has been set for 2 […]
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Foreign Reserves Edge Higher 3 Foreign Reserves Edge Higher

Foreign Reserves Edge Higher

GLive24.com DeskJune 4, 2026
Bangladesh’s foreign exchange reserves have recorded a further modest increase, reflecting continued stability in the country’s external sector position, according to the latest figures released by Bangladesh Bank. As of 3 June, the country’s gross foreign exchange reserves stood at US$34,821.83 million, equivalent to approximately US$34.82 billion, the central bank confirmed. The update was provided […]
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Bangladesh Currency Rates Update Bangladesh Currency Rates Update

Bangladesh Currency Rates Update

GLive24.com DeskJune 4, 2026
The role of foreign exchange in Bangladesh’s economy continues to expand significantly as more than ten million Bangladeshi expatriates live and work across the globe. Their remittances, combined with growing international trade, have made daily currency exchange rates an essential reference point for individuals, businesses, and financial institutions alike. As of Thursday, 4 June 2026, […]
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Government Finances State Spending Through Heavy Bank Borrowing 2 Government Finances State Spending Through Heavy Bank Borrowing

Government Finances State Spending Through Heavy Bank Borrowing

GLive24.com DeskJune 4, 2026
The government is increasingly funding its operational expenditures through significant domestic bank borrowing. This fiscal strategy is driven by a combination of record-breaking deficits in tax collection and a substantial shortfall in anticipated foreign financial assistance. Despite these constraints, the state must sustain essential expenditures, including public sector salaries, allowances, interest payments on existing debts, […]
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Bangladesh Foreign Reserves Climb Further To 34.82bn 1 Bangladesh Foreign Reserves Climb Further To $34.82bn

Bangladesh Foreign Reserves Climb Further To $34.82bn

GLive24.com DeskJune 3, 2026
Bangladesh’s foreign exchange reserves have risen further, with the country’s gross reserves reaching US$34.82 billion, according to the latest figures released by Bangladesh Bank. The central bank reported that gross foreign exchange reserves stood at US$34.82183 billion as of 3 June. The information was confirmed on Wednesday by Bangladesh Bank Executive Director and spokesperson Arif […]
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