After a downturn, inflation-fueling high-powered money has surged again, largely negating the effect of a contractionary policy pursued by the regulator to stem price rises. The money being injected into the market through some channels is stoking fear of higher monetary regime ahead. Money
Bangladesh Bank on Wednesday issued a strict directive to all scheduled commercial banks, warning them to immediately cease discouraging customers from investing in national savings certificates (Sanchayapatra). The central bank instructed all banks to seamlessly continue the sale of savings certi
Bangladesh and the United Kingdom (UK) have agreed to strengthen awareness and capacity-building efforts to help local exporters make greater use of the UK’s Developing Countries Trading Scheme (DCTS), as the country prepares for its graduation from the Least Developed Country (LDC) status.
The government is planning to transform unviable state-owned sugar mills into industrial parks and gradually shift towards sugar beet-based production as part of efforts to make the sugar industry economically sustainable, Commerce, Industry, and Textiles and Jute Minister Khandaker Abdul Muktadir
Finance Minister Amir Khosru Mahmud Chowdhury on Wednesday said the government has set a target of reducing inflation to 7.5 percent and raising economic growth to 6.5 percent in the next fiscal year 2026-27. He made the remarks while replying to a written question tabled by ruling party lawmaker
