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Bangladeshs Gross Foreign Reserves Rise Above 32 Billion Bangladesh’s Gross Foreign Reserves Rise Above $32 Billion

Bangladesh’s Gross Foreign Reserves Rise Above $32 Billion

Bangladesh’s gross foreign exchange reserves have crossed the $32 billion mark, reaching US$32.15 billion under the International Monetary Fund’s Balance of Payments Manual, Sixth Edition (BPM6) methodology, according to the latest data released by Bangladesh Bank. The figure was recorded as of Monday, 10 August, marking a notable improvement in the country’s external sector position. […]
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Bangladesh Bank Demands Strict Adherence to Tax Deduction Rules 2 Bangladesh Bank Demands Strict Adherence to Tax Deduction Rules

Bangladesh Bank Demands Strict Adherence to Tax Deduction Rules

Central bank authorities in Bangladesh have issued a firm directive to all scheduled commercial banks nationwide, commanding strict adherence to statutory tax deduction rules on deposit interest and profits, alongside the prompt remittance of withheld revenue to the national treasury. The order was formally communicated on Monday, 10 August, via a circular distributed by the […]
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AI Expansion Forces Insurers to Reassess Risks to Data Centres 1 AI Expansion Forces Insurers to Reassess Risks to Data Centres

AI Expansion Forces Insurers to Reassess Risks to Data Centres

Rapid growth in artificial intelligence capabilities is on track to nearly triple global data centre power consumption by 2030, forcing the global insurance industry to fundamentally rethink how it underwriters facilities facing grid strain, climate risks, and specialized equipment hazards. As technology firms expand hyperscale infrastructure to support intensive machine learning models, power grid availability […]
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Bangladesh Bank Closes Applications for Assistant Director Recruitment Drive 4 Bangladesh Bank Closes Applications for Assistant Director Recruitment Drive

Bangladesh Bank Closes Applications for Assistant Director Recruitment Drive

DHAKA — Jobseekers across the country are facing the final countdown as Bangladesh Bank prepares to close online applications for the position of Assistant Director (Statistics). The central bank will shut its recruitment portal on Monday, 10 August 2026, marking the end of a month-long application window for 33 coveted entry-level officer posts. The recruitment […]
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Canara HSBC Life Fast Tracks Assam Flood Claims Process 2 Canara HSBC Life Fast-Tracks Assam Flood Claims Process

Canara HSBC Life Fast-Tracks Assam Flood Claims Process

GUWAHATI — Canara HSBC Life Insurance has introduced a streamlined, fast-track claims settlement procedure for policyholders impacted by the devastating monsoon floods across Assam. The initiative aims to deliver swift financial assistance to affected families by drastically cutting through administrative red tape, simplifying documentation requirements, and prioritizing the assessment and payout of all eligible claims. […]
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Kuwaiti Dinar Leads Bangladesh Currency Rates on 9 August Kuwaiti Dinar Leads Bangladesh Currency Rates on 9 August

Kuwaiti Dinar Leads Bangladesh Currency Rates on 9 August

Foreign exchange rates remain an important consideration for Bangladeshis involved in remittance transactions, international trade, overseas education, tourism and cross-border payments. From families receiving money sent home by expatriate Bangladeshis to businesses paying for imported goods and services, changes in currency values can directly affect financial planning and transaction costs. On Sunday, 9 August 2026, […]
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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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Attack and Arson at Former Education Minister Mohibul Hassan Chowdhury’s Residence

Attack and Arson at Former Education Minister Mohibul Hassan Chowdhury’s Residence

A late-night assault by an unidentified group of vandals culminated in an arson attack at the ancestral home of Bangladesh’s former Education Minister, Mohibul Hassan Chowdhury, in Chattogram. The incident transpired at approximately 2:00 am on Friday (6 August) at Chashma Hill, situated within the Panchlaish residential district of the port city. The historical residence, […]
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