Economy

Entire Islami Bank board dissolved

Entire Islami Bank board dissolved

The entire Board of Directors of embroiled Islami Bank Bangladesh PLC, led by its new chairman, stands dissolved in a latest regulatory move aimed at safeguarding interests of the bank, its depositors and the public. According to a statement issued Sunday, the central bank exercised its authority

Remittance inflow rises 30pc in 1st half of June

Remittance inflow rises 30pc in 1st half of June

Bangladesh received US$1.54 billion in remittances during the first 14 days of June 2026, marking a 30.04 percent increase compared with the corresponding period of the previous year, according to the latest data. The country received US$1,541.30 million in remittances between June 1 and June 14 t

Govt cuts spending, deficit in supplementary budget: Khosru

Govt cuts spending, deficit in supplementary budget: Khosru

Finance Minister Amir Khosru Mahmud Chowdhury on Monday said the government has made adjustments to the expenditure and budget deficit in the supplementary budget to address economic challenges while continuing social safety net programmes. Moving the Supplementary Budget Bill in Parliament, he sa

Restructuring economy is top priority: Finance minister

Restructuring economy is top priority: Finance minister

Restructuring Bangladesh's economy by addressing its structural weaknesses and battling inflationary pressures and global economic instability is one of the top priorities of the current government, said Finance Minister Amir Khosru Mahmud Chowdhury. The government is working to reduce waste in go

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