Industrial consumers will get top priority in gas supply as the government prepares such a fuel-feeding recipe aimed at fuelling economic growth, now largely subdued following political upheavals, sources say. "Industry will be on top of our priority and we want that the industrial consumers will
Bangladesh Bank has stepped up purchases of US dollars from commercial banks to stabilise the foreign exchange market following a sharp rise in inward remittances this year. Executive Director and Spokesperson Arif Hossain Khan said on Sunday that the central bank acquired $110 million from three
Banks are increasingly sourcing deposit from the countryside but their focus on rural Bangladesh keeps fading following tightfisted disbursement of formal credits, widening urban-rural financing gaps, sources say. At the same time, the number of bank branches in the least-developed but promising a
Bangladesh Bank (BB) on Friday issued a clarification regarding the withdrawal of funds by depositors of five banks currently undergoing a merger process, cautioning the public against misinformation circulating in various media outlets. “The process to allow depositors of these five banks t
Japanese Prime Minister Sanae Takaichi's cabinet on Friday approved a record $785 billion budget for the next fiscal year, aiming to strike a balance between her proactive fiscal policy and debt blowout concerns by limiting new bond issuance. Faced with rising government bond yields and a weak yen
