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Tag: Economy

Central Bank Establishes Tk 5,000 Crore CMSME Scheme

Central Bank Establishes Tk 5,000 Crore CMSME Scheme

The central bank of Bangladesh has launched a Tk 5,000 crore refinancing programme designed to support cottage, micro, small, and medium enterprises (CMSMEs). The initiative is engineered to alleviate working capital shortages across the sector, thereby fostering employment generation and accelerating national economic activity. Under the operational guidelines released in a policy circular by Bangladesh […]
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Leadership Shake Up at Islamic Bank Leadership Shake-Up at Islamic Bank

Leadership Shake-Up at Islamic Bank

The government has initiated a significant restructuring of the top management of Combined Islamic Bank, marking a new phase in the institution’s administrative and strategic direction. The changes, formalised on Monday through two separate notifications issued by the Financial Institutions Division under the Ministry of Finance, involve the appointment of a new Managing Director and […]
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Government Appoints New Leadership at Bank Government Appoints New Leadership at Bank

Government Appoints New Leadership at Bank

The Government has appointed new senior leadership to the Combined Islamic Bank, introducing fresh stewardship at both the managing director and board chairman levels in a move aimed at strengthening governance and operational efficiency within the institution. According to two separate notifications issued on Monday by the Financial Institutions Division of the Ministry of Finance, […]
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Forex Market Sees Mild Currency Shifts Forex Market Sees Mild Currency Shifts

Forex Market Sees Mild Currency Shifts

On the first trading day of the week, Sunday, Bangladesh’s foreign exchange market remained broadly stable, although modest fluctuations were observed across several major currencies. The market continues to reflect the lingering impact of global economic uncertainty, geopolitical tensions in the Middle East, and shifting patterns in international trade, all of which are exerting pressure […]
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Banking Controversy Over Forex Penalties Banking Controversy Over Forex Penalties

Banking Controversy Over Forex Penalties

A major controversy has emerged in Bangladesh’s financial sector involving large-scale liquidity support from the central bank, alleged irregularities in dollar transactions, and the partial waiver of penalties imposed on a leading commercial lender. The episode has reignited concerns over governance, regulatory oversight, and the integrity of foreign exchange management. According to internal documents and […]
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IMF to Restructure Bangladesh Loan Programme After Political Shift

IMF to Restructure Bangladesh Loan Programme After Political Shift

The International Monetary Fund (IMF) has announced that it will not proceed with the previously established loan agreement framework arranged under the former government of Bangladesh. The organization clarified that following the significant transition within the country’s political leadership, continuing with the older strategic and legal structure is no longer viable. The declaration was made […]
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Structural Weaknesses Conceal the True Extent of Non Performing Loans Structural Weaknesses Conceal the True Extent of Non-Performing Loans

Structural Weaknesses Conceal the True Extent of Non-Performing Loans

The Bangladeshi economy has been grappling with multifaceted crises for several consecutive years, with domestic and global pressures further exacerbating the situation. Although recent data indicates a minor reprieve in specific economic indicators, the Centre for Policy Dialogue (CPD) has cautioned that these improvements are unsustainable. The think-tank emphasised that temporary signs of relief mask […]
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Bangladesh Launches Industrial Revival Fund Bangladesh Launches Industrial Revival Fund

Bangladesh Launches Industrial Revival Fund

  Bangladesh Bank has unveiled a substantial financing initiative aimed at revitalising large-scale industrial and service-sector enterprises that are either closed or operating at reduced capacity. A dedicated fund of Tk 200 billion has been established to restore production activity, strengthen economic momentum, and support recovery across key sectors of the economy. Under the newly […]
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Global Currency Rates Against Taka Global Currency Rates Against Taka

Global Currency Rates Against Taka

The foreign exchange market has become an increasingly vital component of Bangladesh’s economic landscape, driven by a growing overseas workforce of more than ten million expatriates and the steady expansion of international trade. Remittance inflows, import–export settlements, overseas education, and medical expenses are all directly influenced by currency fluctuations. As a result, daily awareness of […]
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