Category: Economy

Bangladesh Currency Rates Today Bangladesh Currency Rates Today

Bangladesh Currency Rates Today

Bangladesh’s foreign exchange market continues to reflect the country’s expanding international trade relations and the steady inflow of remittances from millions of expatriate workers. As global economic conditions fluctuate, exchange rates play a crucial role in determining the cost of imports, export competitiveness, and the overall stability of the domestic economy. On Tuesday, 7 April […]
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CTF Life Joins HKMC to Boost Retirement Income

CTF Life Joins HKMC to Boost Retirement Income

CTF Life has forged a strategic partnership with The Hong Kong Mortgage Corporation Limited, aiming to enhance financial options for retirees by offering access to reverse mortgage solutions that transform property or life insurance assets into steady income. Under this collaboration, CTF Life will refer customers to two HKMC programmes: the Policy Reverse Mortgage Programme […]
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AB Bank and iRONman Forge SME Financing Alliance

AB Bank and iRONman Forge SME Financing Alliance

AB Bank PLC has formalised a strategic partnership with iRONman Company Ltd. through the signing of a Memorandum of Understanding (MoU), aiming to provide dedicated financial support to the company’s network of listed dealers and distributors. The initiative will utilise AB Bank’s SME-focused programme, “UTTARAN”, designed to address the working capital and growth needs of […]
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Banks’ Capital Gap Reaches Critical Levels

Banks’ Capital Gap Reaches Critical Levels

The financial health of Bangladesh’s banking sector has come under acute strain, as capital deficits surged to Tk2.82 lakh crore by the end of September 2025, pushing the overall position into negative territory. The sharp deterioration, highlighted in the latest report by Bangladesh Bank, reflects mounting defaulted loans and deep-rooted structural weaknesses in governance and […]
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Bank Asia Records Strong Deposit Growth

Bank Asia Records Strong Deposit Growth

Bank Asia PLC has delivered an impressive performance in the first quarter of 2026, registering a net deposit growth of Tk 40.0 billion (BDT 4,000 crore) during the January–March period. This notable achievement reflects rising customer confidence and reinforces the bank’s reputation as a stable and progressive financial institution. The substantial increase in deposits is […]
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Bangladesh Foreign Exchange Reserves Rise to 34 Billion Bangladesh Foreign Exchange Reserves Rise to $34 Billion

Bangladesh Foreign Exchange Reserves Rise to $34 Billion

The foreign exchange reserves of Bangladesh have climbed to approximately US$34.43 billion, reflecting a modest yet stable position in the country’s external financial standing, according to the latest data released by Bangladesh Bank. The update was confirmed on Monday (6 April) by Arif Hossain Khan, Executive Director and spokesperson of the central bank. He stated […]
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Bangladesh Advances Strategy Towards Trillion Dollar Economic Vision Bangladesh Advances Strategy Towards Trillion-Dollar Economic Vision

Bangladesh Advances Strategy Towards Trillion-Dollar Economic Vision

The Government of Bangladesh has unveiled an ambitious and forward-looking strategy to transform the national economy into a trillion-dollar powerhouse by 2034. The announcement, made by Finance Minister Amir Khasru Mahmud Chowdhury, signals a decisive shift towards long-term, inclusive growth designed to enhance economic resilience, generate employment, and raise the overall standard of living. Drawing […]
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AI Data Centres Outstrip Insurance Capacity Rapidly AI Data Centres Outstrip Insurance Capacity Rapidly

AI Data Centres Outstrip Insurance Capacity Rapidly

The rapid expansion of artificial intelligence (AI)-driven data centres is creating a profound challenge for the global insurance and reinsurance industry, as the scale, complexity, and cost of these facilities increasingly outpace available coverage capacity. A recent report by Swiss Re highlights how multi-billion-dollar projects are stretching traditional underwriting models and exposing structural gaps in […]
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