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Category: Economy

Beijing Halts Fresh Loans Major Infrastructure Projects Face Delays

Beijing Halts Fresh Loans: Major Infrastructure Projects Face Delays

Development cooperation between Bangladesh and China has entered a period of pronounced deceleration, reflecting shifting geopolitical dynamics, internal economic pressures, and persistent execution delays in Dhaka. Once a premier financier of major national infrastructure—underwriting landmark undertakings such as the Padma Bridge Rail Link, the Karnaphuli Tunnel, the Dhaka-Ashulia Elevated Expressway, and extensive power grid enhancements—Beijing […]
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Kuwaiti Dinar Leads Taka Rates as Major Currencies Show Varied Values Kuwaiti Dinar Leads Taka Rates as Major Currencies Show Varied Values

Kuwaiti Dinar Leads Taka Rates as Major Currencies Show Varied Values

Dhaka, 8 August: Foreign exchange rates remain an important consideration for Bangladesh, where remittances from overseas workers, international trade, imports and exports, overseas education, tourism and other cross-border transactions generate substantial demand for foreign currencies. Changes in exchange rates can directly affect the amount received by families of expatriate Bangladeshis, as well as the cost […]
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Rising Middle East Friction Drives Global Crude Prices Above $82

Rising Middle East Friction Drives Global Crude Prices Above $82

Oil prices on the international market have climbed sharply, with crude benchmarks breaching the $82 per barrel threshold. The sudden surge follows reports that an Iranian parliamentary committee is reviewing a draft bill proposing to block American, Israeli, and other ‘hostile’ vessels from navigating the critical Strait of Hormuz. Escalation in the Persian Gulf Triggers […]
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Bangladesh Seeks More Diesel from India Through Pipeline 2 Bangladesh Seeks More Diesel from India Through Pipeline

Bangladesh Seeks More Diesel from India Through Pipeline

Bangladesh has requested India to increase diesel supplies through the existing cross-border pipeline as the government works to strengthen energy security amid recent disruptions in the country’s gas supply system, Power, Energy and Mineral Resources Minister Iqbal Hasan Mahmud has said. The minister also confirmed that gas supply from the damaged floating liquefied natural gas […]
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Bangladesh Bank Withdraws Administrator from Social Islami Bank Bangladesh Bank Withdraws Administrator from Social Islami Bank

Bangladesh Bank Withdraws Administrator from Social Islami Bank

Bangladesh Bank has withdrawn the administrator appointed at Social Islami Bank PLC, bringing an end to the central bank-appointed oversight arrangement at another private commercial bank. The move comes shortly after a similar withdrawal of an administrator from EXIM Bank, marking another change in the regulatory approach towards privately owned banks. A senior official of […]
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Bangladesh Taka Exchange Rates Updated Bangladesh Taka Exchange Rates Updated

Bangladesh Taka Exchange Rates Updated

More than 10 million Bangladeshi expatriates are currently employed across the world, making remittances one of Bangladesh’s most important sources of foreign currency. Alongside remittance inflows, the country’s growing international trade, overseas education, medical travel, tourism, and import-export activities have significantly increased the demand for reliable and up-to-date foreign exchange information. Against this backdrop, the […]
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Eight Skin Cream Brands Found With Excessive Mercury Levels 2 Eight Skin Cream Brands Found With Excessive Mercury Levels

Eight Skin Cream Brands Found With Excessive Mercury Levels

Eight brands of skin-whitening creams sold illegally in Bangladesh have been found to contain dangerously high levels of mercury, according to tests conducted by the Bangladesh Standards and Testing Institution (BSTI). The mercury concentrations detected in the products were several times above the permissible limit under Bangladesh’s applicable standards, with some samples containing more than […]
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Bangladesh South Korea conclude talks on landmark trade pact Bangladesh, South Korea conclude talks on landmark trade pact

Bangladesh, South Korea conclude talks on landmark trade pact

Bangladesh and South Korea have concluded negotiations on a proposed Comprehensive Economic Partnership Agreement (CEPA), paving the way for a potentially significant expansion of trade and investment ties between the two countries. Under the proposed agreement, around 97 per cent of Bangladeshi goods and services could gain preferential tariff access to the South Korean market. […]
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Bangladesh Bank Warns Banks Still Lag on Cybersecurity Bangladesh Bank Warns Banks Still Lag on Cybersecurity

Bangladesh Bank Warns Banks Still Lag on Cybersecurity

Bangladesh Bank Governor Mohammad Mostakur Rahman has raised concerns over the cybersecurity preparedness of the country’s commercial banks, saying their existing defences have yet to reach the level required to protect an increasingly digital financial system. Speaking at an event organised by the Ministry of Posts, Telecommunications and Information Technology on Tuesday (4 August), the […]
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