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Category: Economy

Central bank reins in forward dollar deals

Central bank reins in forward dollar deals

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comApril 19, 2026
The Bangladesh Bank has advised commercial banks to limit forward dollar bookings, aiming to prevent distortions in the spot foreign exchange market and contain potential upward pressure on the exchange rate. According to senior officials, the guidance followed a noticeable rise in forward booking activity among several banks after tensions escalated in the Middle East. […]
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Islami Bank Opens Hajj Service Booth

Islami Bank Opens Hajj Service Booth

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comApril 19, 2026
Islami Bank Bangladesh PLC has inaugurated a dedicated Hajj service booth at the Hajj Camp in Ashkona, Dhaka, with the objective of facilitating banking services, providing essential information, and supplying necessary items to departing pilgrims. The booth was officially inaugurated on 16 April 2026 by Md. Altaf Hossain, Managing Director (Current Charge) of the bank, […]
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SME Foundation and Prime Bank Sign Refinancing Deal SME Foundation and Prime Bank Sign Refinancing Deal

SME Foundation and Prime Bank Sign Refinancing Deal

Md Sakib Hossain | Sub-Editor | GLive24.comApril 19, 2026
In a pivotal move destined to fortify the backbone of Bangladesh’s industrial landscape, the SME Foundation and Prime Bank have formally entered into a comprehensive refinancing agreement. This strategic partnership is meticulously designed to streamline access to credit for entrepreneurs operating within the Cottage, Micro, Small, and Medium Enterprise (CMSME) sector. By bridging the critical […]
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Global Insurance Sector Navigates Risks Innovation Shifts Global Insurance Sector Navigates Risks, Innovation Shifts

Global Insurance Sector Navigates Risks, Innovation Shifts

Md Sakib Hossain | Sub-Editor | GLive24.comApril 19, 2026
The global insurance and reinsurance industry witnessed a week of notable contrasts between 13 and 17 April, as easing reinsurance prices in Asia coincided with heightened geopolitical risks linked to Middle Eastern tensions, alongside continued innovation in artificial intelligence and wealth management solutions. Together, these developments underscore a sector adapting to a rapidly evolving global […]
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IVF Insurance Gap Persists in Bangladesh

IVF Insurance Gap Persists in Bangladesh

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comApril 18, 2026
Infertility rates are increasing globally, including in Bangladesh, which has led to a growing demand for in vitro fertilisation (IVF) services. Despite its clinical effectiveness, the high cost of treatment continues to restrict access for many couples. Medical professionals and health policy analysts note that including IVF within health insurance coverage could improve affordability and […]
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Bangladesh’s Green Economy Prospects

Bangladesh’s Green Economy Prospects

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comApril 18, 2026
Bangladesh is increasingly positioned within the global transition towards low-carbon economic systems, as climate change mitigation efforts reshape international trade and investment frameworks. According to sector experts, the country could generate around 1 billion US dollars annually in foreign exchange by effectively developing its carbon credit and green insurance markets. Carbon credit development and earnings […]
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Top Ten Neobanks for Cross-Border Earnings

Top Ten Neobanks for Cross-Border Earnings

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comApril 18, 2026
Freelancers and agencies operating internationally routinely encounter high costs and inefficiencies when transferring funds across borders. Conventional banking channels often impose substantial transaction fees, apply non-transparent exchange rate margins, and require several working days to settle payments. These constraints can significantly affect liquidity and profitability, particularly for small and medium-sized enterprises engaged in global commerce. […]
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Digital Banking Transactions Rise Sharply

Digital Banking Transactions Rise Sharply

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comApril 18, 2026
Internet banking transactions in Bangladesh’s financial sector increased markedly during the first seven months of the current fiscal year, reflecting sustained growth in digital financial activity, according to data from the Bangladesh Bank. During the July–January period of fiscal year 2025–26, the total value of transactions conducted through internet banking rose by more than Tk […]
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Foreign Exchange Rates Announced in Bangladesh Foreign Exchange Rates Announced in Bangladesh

Foreign Exchange Rates Announced in Bangladesh

Shourav Biswas | Sub-Editor | GLive24.comApril 17, 2026
Bangladesh’s foreign exchange market continues to reflect the country’s expanding international trade relations and the growing significance of remittance inflows from millions of expatriate workers abroad. As global commerce deepens and currency movements remain sensitive to international economic trends, updated exchange rates play a crucial role in facilitating both personal and commercial financial transactions. On […]
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Gold Prices Hold Steady Globally

Gold Prices Hold Steady Globally

Shourav Biswas | Sub-Editor | GLive24.comApril 17, 2026
  Global gold prices remained broadly stable on Friday, with the precious metal hovering near record territory while still maintaining its recent upward momentum. Despite a marginal daily decline, gold is on track to register gains for a fourth consecutive week, reflecting persistent underlying demand amid a complex geopolitical and macroeconomic backdrop. According to Reuters, […]
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