Dhaka district that hosts Bangladesh's centrepetal capital city alone accounts for nearly 46 per cent of the national GDP, estimated at US$462 billion in FY2024-25, while the Dhaka-dwellers enjoy nearly double the country's per-capita income. Such over-concentration of the economy and fortune in a
The International Monetary Fund (IMF) has welcomed the increase in foreign exchange reserves by the Bangladesh Bank. "The accumulation of reserves is considered a central objective of the IMF-supported programme, particularly given that the country continues to face balance of payments pressur
Now the beleaguered Gazi Group is also getting special opportunity to reschedule its hefty default loans, officials say. Pursuant to government policy update, the central bank's high-powered loan-rescheduling committee has asked the 19 commercial banks and financial institutions concerned to
The interim government has condemned Israel’s plan to impose its laws on the occupied West Bank, calling the move “a violation of international law and a threat to regional peace.” In a statement on Friday, the Ministry of Foreign Affairs criticised the Israeli Knesset’s pr
A clearly defined drive begins in acquisitions and mergers of problem banks as the regulator Thursday issued regulations for the Bank Resolution Ordinance 2025 made by the interim government for banking-sector reforms. Officials said the regulations, rolled out by Bangladesh Bank-- the centr
