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Category: Economy

Gold Falls Amid Middle East Tension Gold Falls Amid Middle East Tension

Gold Falls Amid Middle East Tension

International gold prices have declined amid escalating geopolitical tensions in the Middle East, a stronger United States dollar, and rising yields on US Treasury bonds. At the same time, concerns over crude oil markets have intensified, reflecting renewed inflationary pressures in global trade. By 5:00 pm on Thursday (21 May), spot gold prices had fallen […]
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Financial Transparency Key to Trust Financial Transparency Key to Trust

Financial Transparency Key to Trust

Finance Minister Amir Khusru Mahmud Chowdhury has underscored the urgent need to restore public confidence in Bangladesh’s financial sector through strengthened transparency, accountability, and institutional integrity. He warned that rebuilding trust in governance and credible financial reporting has become one of the country’s most pressing economic challenges. He made these remarks while addressing a national […]
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Decline in Credit Guarantee Insurance Facing Bangladesh RMG

Decline in Credit Guarantee Insurance Facing Bangladesh RMG

The ready-made garment (RMG) sector in Bangladesh, which serves as the nation’s primary source of foreign currency earnings, is currently facing cumulative pressures from global economic slowdowns, inflation, and geopolitical volatility. This challenging environment is further compounded by a sharp decline in export credit guarantee insurance, which significantly escalates the financial risks within the country’s […]
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Monetary Policy Debate Divides Central Bank Officials

Monetary Policy Debate Divides Central Bank Officials

Bangladesh Bank is currently deliberating whether to lower policy interest rates in its forthcoming monetary policy statement. Internal discussions have revealed deep structural divisions among senior officials regarding how prevailing interest rates impact private investment, inflationary pressure, and overall gross domestic product (GDP) growth. The policy impasse was debated during a high-level consultative meeting chaired […]
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Trust Bank and SenaKalyan Partner for Housing Finance

Trust Bank and SenaKalyan Partner for Housing Finance

Trust Bank PLC and SenaKalyan Constructions & Developments Limited have entered into a strategic partnership through the signing of a Memorandum of Understanding (MoU). The agreement officially establishes a collaborative framework to provide structured House Building Loans to the clientele and stakeholders of both respective organisations. The agreement was formalised during an official signing ceremony […]
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Midland Bank Expands CMSME Financing

Midland Bank Expands CMSME Financing

Midland Bank PLC has entered into a refinance participation agreement with Bangladesh Bank for the implementation of two financing programmes designed to support cluster-based businesses and cottage, micro, small and medium enterprises (CMSMEs) in Bangladesh. The agreement relates to the BDT 3,000 crore Cluster Financing Scheme and the BDT 1,500 crore Financial Sector Fund for […]
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Expatriate Inflow Reaches Nearly Two Point Five Billion 1 Expatriate Inflow Reaches Nearly Two Point Five Billion

Expatriate Inflow Reaches Nearly Two Point Five Billion

Expatriate Bangladeshis operating across various global destinations have transmitted more than 2.48 billion USD (specifically 2,483 million USD) in inward remittances during the first 19 days of the current month of May. This substantial fiscal influx comes immediately ahead of the upcoming celebration of Eid-ul-Adha, a major religious festival that traditionally prompts a significant rise […]
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