Category: Economy

Bangladesh Bank Cautions Dollar Buying

Bangladesh Bank Cautions Dollar Buying

Bangladesh Bank has verbally cautioned several commercial banks against purchasing United States dollars at inflated exchange rates, in a bid to stabilise the country’s foreign exchange market and prevent unnecessary volatility. The issue was discussed on 9 April at a meeting in Dhaka between the central bank Governor Md Mostaqur Rahman and senior representatives of […]
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Islamic Banking Growth Moderates

Islamic Banking Growth Moderates

Islamic banking in Bangladesh continued to register solid year-on-year expansion at the end of 2025, though the most recent quarterly indicators reveal a noticeable slowdown in momentum amid weaker external trade performance, softer employment trends, and a more cautious lending environment. According to Bangladesh Bank data, total deposits in the Islamic banking segment reached Tk […]
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Central Bank Revives Export Credit Support

Central Bank Revives Export Credit Support

In a strategic effort to strengthen the nation’s export sector, Bangladesh Bank has reintroduced its pre-shipment credit refinance scheme. The decision follows a formal appeal from Federation of Bangladesh Chambers of Commerce and Industry, the country’s apex trade organisation, reflecting the urgent need to support exporters amid global economic uncertainties. Originally launched in 2020, the […]
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City Bank Records Tk 1324 Crore Profit Milestone City Bank Records Tk 1,324 Crore Profit Milestone

City Bank Records Tk 1,324 Crore Profit Milestone

City Bank PLC has posted the highest profit in its corporate history for the financial year 2025, achieving a record-breaking performance despite an adverse macroeconomic backdrop characterised by inflationary pressure, tighter liquidity conditions, and persistent global economic uncertainty. According to disclosures made on Friday (10 April), the bank recorded a consolidated net profit of Tk […]
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Vietnam Finance Firms Face Customer Pressure In Crowded Market Vietnam Finance Firms Face Customer Pressure In Crowded Market

Vietnam Finance Firms Face Customer Pressure In Crowded Market

Vietnam’s financial services sector is entering 2026 with renewed consumer optimism, yet firms are grappling with intensifying competition and rising customer expectations in an increasingly saturated marketplace. Fresh insights from NielsenIQ (NIQ) reveal a shifting financial mindset among Vietnamese consumers—one that blends traditional caution with a growing willingness to borrow and invest. After a turbulent […]
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Dollar Weakens as Yuan Surges Dollar Weakens as Yuan Surges

Dollar Weakens as Yuan Surges

A notable shift has emerged in global currency markets as prolonged geopolitical tensions show tentative signs of easing. The US dollar has come under renewed pressure, recording its sharpest decline since January, while major alternative currencies—particularly the Chinese yuan, the euro, and the British pound—have strengthened, signalling a recalibration in global investor sentiment. According to […]
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Japan Insurers Remain Well Capitalised Japan Insurers Remain Well-Capitalised

Japan Insurers Remain Well-Capitalised

Japan’s leading domestic insurance companies are expected to maintain robust economic solvency positions under the country’s forthcoming Japan Insurance Capital Standard (J-ICS), according to a recent assessment by Fitch Ratings. The agency indicates that the new framework, designed to align capital measurement more closely with market-based economic value, will not materially weaken the sector’s overall […]
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Ping An Unveils AI Service Upgrade Ping An Unveils AI Service Upgrade

Ping An Unveils AI Service Upgrade

Ping An Insurance (Group) Company of China, Ltd. has announced a significant enhancement of its digital service ecosystem with the launch of its “Service Year 2026” initiative, introducing major upgrades to its AI-driven Express Service and Global Emergency Assistance platforms. The move underscores the Group’s continued strategy of integrating financial services with advanced technology and […]
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Investigation Report on Reserve Heist Delayed Investigation Report on Reserve Heist Delayed

Investigation Report on Reserve Heist Delayed

The submission of the investigation report in the long-running case concerning the Bangladesh Bank reserve heist has once again been postponed, extending the wait for a formal conclusion in one of the country’s most high-profile financial cybercrime investigations. On Thursday, 9 April, the report was scheduled to be submitted before the court. However, the Criminal […]
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Global Currency Rates Update Global Currency Rates Update

Global Currency Rates Update

The foreign exchange market in Bangladesh continues to reflect the country’s expanding international trade relations and the growing economic contribution of millions of expatriate Bangladeshis. Remittances sent from overseas workers remain a vital pillar supporting national reserves and sustaining overall economic stability. In this context, the latest currency exchange rates for Thursday, 9 April 2026, […]
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