Industry

JCIAD Welcomes Japan-Bangladesh Economic Partnership Accord

Dhaka: President of the Japanese Commerce and Industry Association In Dhaka (JCIAD) Manabu Sugawara today welcomed the finalization of the draft of the Economic Partnership Agreement (EPA) between Bangladesh and Japan. ‘I welcome the broad agreement r…

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…

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 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…