The Government has approved a proposal to abolish the existing upper age limit for the appointment of the Chairman and members of the Insurance Development and Regulatory Authority (IDRA), the statutory body responsible for regulating the country’s insurance sector. The decision was taken at a meeting of the Cabinet held on Thursday (23 April) at […]

The Bangladesh Bank has stated that individuals or groups facing allegations of money laundering abroad will not be allowed to serve on the boards of any banks in the country. The clarification was issued on Tuesday by Arief Hossain Khan, Executive Director and spokesperson of the central bank, to address public uncertainty regarding certain provisions […]

Bangladesh’s economy is becoming increasingly integrated with global trade and remittance flows, making foreign exchange movements a critical indicator for policymakers, businesses, and households alike. Export earnings, import payments, and remittances from Bangladeshis working abroad collectively form the backbone of the country’s foreign currency inflows. Against this backdrop, daily exchange rate updates of the Bangladeshi […]

Economists and policy analysts have expressed deep concern over Bangladesh Bank’s growing reliance on financing government expenditure through money creation, warning that such practices could intensify inflationary pressures and place sustained strain on the broader macroeconomic framework. At a recent seminar held at the Policy Research Institute’s office in Banani, Dhaka, experts highlighted that the […]