The escalating crisis in the Middle East has dramatically changed the outlook for Asian central banks, with the huge supply shock posing a difficult trade-off between underpinning growth and countering inflation. For emerging Asian central banks, cutting interest rates has become a risky bet not
Bangladesh Bank has appointed observers to the boards of four private banks struggling with financial irregularities and bad loans It marked the first such move under new Governor Md Mostaqur Rahman on Monday. The banks are National Bank, Premier Bank, IFIC Bank, and Al-Arafah Islami Bank. Four
Zonayed Abdur Rahim Saki, State Minister for Planning, said the government is preparing to address the potential impacts of global wars and economic instability. He said the government is also giving special importance to job creation in its development planning. Speaking as the chief guest at a
Reviving private sector-led growth will be critical for restoring Bangladesh’s economic momentum and ensuring sustainable development, according to a new policy report launched on Monday by the Metropolitan Chamber of Commerce and Industry (MCCI). M Masrur Reaz, Chairman and CEO of Policy Ex
Bangladesh Bank (BB) has asked the commercials banks to ensure smooth and uninterrupted transactions through the Automated Teller Machine (ATM), Point of Sale (POS), QR Code, Internet Banking, Online e-Payment Gateway and Mobile Financial Services (MFS) during the vacation of Eid-ul-Fitr. “B
