Industry

Stocks Witness Strong Rebound

Dhaka: Stocks today witnessed a strong rebound after five straight sessions of losses, as cautious selling eased and bargain hunters seized the opportunity to buy beaten-down scrips on expectations of clearer political direction surrounding the upcomi…

Speakers Advocate Climate Risk Insurance to Combat Adverse Impacts

Dhaka: Policymakers, experts, and senior journalists today emphasized the need for climate risk insurance and enhanced media involvement to educate the public and influence national policy on climate resilience financing, as Bangladesh faces various n…

Forex Reserves Stand at $32.72 Billion

Dhaka: Bangladesh’s foreign exchange reserves have reached US$ 32.72 billion, according to the latest data released by the Bangladesh Bank (BB) today.

According to Bangladesh Sangbad Sangstha, the figure differs when calculated using the methodology…

BB Slashes Provisioning Rates to Boost Agri, CMSME Lending

Dhaka: In a strategic move to stimulate credit flow to vital sectors of the economy, Bangladesh Bank (BB) has announced a significant reduction in provisioning requirements for short term agricultural and small-scale enterprise credits.

According t…

BB Buys $60m Through Dollar Auction

Dhaka: Bangladesh Bank (BB) today purchased US$60 million from four commercial banks through multiple auction methods as part of its ongoing strategy to curb the depreciation of the US dollar against the taka and revitalise the remittance and export s…

9.5pc Growth of Remittance Inflow Till Dec 20

Dhaka: Inflow of remittances witnessed a year-on-year growth of 9.5 percent reaching US$2,172 million in the twenty days of December, according to the latest data of Bangladesh Bank (BB) issued today. Last year, during the same period, the country’s r…

BB Governor Aims to Reduce Inflation Below 5pc by FY26

Dhaka: Bangladesh Bank (BB) Governor Ahsan H Mansur today expressed confidence that inflation can be brought below the 5 percent mark by the end of the current fiscal year 2025-26 (FY26), which would allow for a gradual reduction in interest rates. Sp…