Economy

Banks to remain closed on August 5

Banks to remain closed on August 5

All scheduled banks across the country will remain closed on August 5, 2025, marking the observance of the government-declared holiday marking “July Uprising Day.” To this end, the central bank on Thursday issued a circular through its Department of Off-site Supervision, instructing al

Trump says India trade agreement is close, Europe deal possible

Trump says India trade agreement is close, Europe deal possible

The United States is very close to a trade deal with India, while an agreement could possibly be reached with Europe as well, but it is too soon to say whether a deal can be agreed with Canada, President Donald Trump said in an interview aired on Real America's Voice on Wednesday. To press for wha

Trump says Vietnam trade deal is 'pretty well set'

Trump says Vietnam trade deal is 'pretty well set'

US President Donald Trump said on Tuesday that a trade agreement with Vietnam was nearly complete. Trump told reporters at Joint Base Andrews near Washington that he could release details of the Vietnam trade agreement, but did not think it was necessary. The US president announced earlier this m

SDF rate cut to 8.0pc to rescue call-money mkt

SDF rate cut to 8.0pc to rescue call-money mkt

Policymakers bill it as a major monetary-policy change as the central bank cuts the standing deposit facility (SDF) rate by 50 basis points to 8.0 per cent trying to revitalize the sagging call-money market. Monetary policy department (MPD) of the Bangladesh Bank (BB) issued Tuesday a circular on

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