Economy / Bangladesh

Tk 818.63b loans written off till March 2025

Tk 818.63b loans written off till March 2025

The cumulative written-off loans in Bangladesh's banking sector rose to over Tk 818.63 billion until March 2025, according to the Bangladesh Bank (BB) data. State-owned commercial banks accounted for a major share of such loans, amounting to over Tk 258.39 billion. Private commercial banks follow


MFS growth slows amid data gaps, dip in remittances

MFS growth slows amid data gaps, dip in remittances

Mobile financial transactions in Bangladesh fell by 29.77 per cent in April 2025, despite a rising number of users and continued strong demand for digital payment services. The decline was primarily driven by two factors: a temporary data reporting gap from Nagad, one of the largest Mobile Financi

Bangladesh-US talks on tariff walls end today

Bangladesh-US talks on tariff walls end today

Hope against hope lives on for cuts in the 35-per cent additional tariffs on Bangladeshi exports to the US market as the second round of three-day negotiations between Bangladesh and the United States end today in Washington. Meanwhile, the Trump-touted 'reciprocal tariff' turmoil begins to grate

Bangladesh faces higher rate despite lower trade gap

Bangladesh faces higher rate despite lower trade gap

Although Bangladesh is the 52nd largest trading partner of the US and its trade deficit with the latter is much lower than its competitors, the Donald Trump administration has imposed a higher 35 per cent tariff on its products, analysts say. They say the tariff on Bangladesh has likely been impos

Bangladesh begins talks with US

Bangladesh begins talks with US

Bangladesh resumed talks with the US Administration, especially the United States Trade Representative (USTR), to negotiate a reduction in the newly-imposed tariffs on Bangladeshi products at a favourable level. The meeting began at 11:00 am local time in Washington D.C. with high-ranking official

Govt sets sights high on $65b export this fiscal

Govt sets sights high on $65b export this fiscal

An ambitious export target of US$65 billion is proposed for this fiscal year with the government having gauged all the ground realities and global and local economic scenarios, officials say. The uppish export turnover for 2025-26 reflects a 17.22-percent growth over the estimated export earnings

BB set to relax monetary policy, ease interest rates

BB set to relax monetary policy, ease interest rates

Bangladesh Bank will unveil its new monetary policy by the end of July, signalling a shift from its current contractionary stance in a bid to spur economic growth while still reining in inflation. Sources indicate the central bank is preparing modest adjustments to the policy interest rate under I

BB governor asks banks to create forced loans

BB governor asks banks to create forced loans

Governor of the Bangladesh Bank (BB) Dr Ahsan H Mansur has asked commercial banks to create forced loans against importers who have failed to make letter of credit (LC) payment on maturity dates. He gave the instruction at the bankers' meeting held on Tuesday in light of reports that some banks ar

Forex reserves stand at $24.5b after ACU payment

Forex reserves stand at $24.5b after ACU payment

The foreign exchange reserves held by Bangladesh Bank have dropped below the $25 billion mark following the payment of import bills through the Asian Clearing Union (ACU). A total of $2.02 billion had been paid to ACU to cover the bills for the past two months, the bank’s Executive Director