Bangladesh’s 2026–27 Budget Faces Critical Challenges
The forthcoming national budget for the 2026–27 fiscal year is being formulated under extraordinary economic pressures. High inflation, a widening …
Banking
Banking
Community Bank Leads Textile Syndicated Financing
Community Bank Bangladesh PLC has entered into syndicated financing agreements with R.A. Spinning Mills Ltd. and Outpace Spinning Mills Ltd. …
City Bank, Toyota Forge Strategic Alliance
City Bank PLC and Toyota Bangladesh Limited have formalised a strategic partnership aimed at strengthening financial and operational cooperation between …
Central Bank Simplifies Capital Repatriation for Foreign Investors
In a decisive move to bolster foreign direct investment (FDI) and enhance the ease of doing business, the Bangladesh Bank …
Bangladesh Bank Simplifies Foreign Investment Repatriation
Bangladesh Bank has streamlined the process for foreign investors to transfer shares and repatriate proceeds from their sales, making the …
Remittances Surge to $1.06 Billion in March
In the opening seven days of March 2026, Bangladeshi expatriates sent a remarkable $1.069 billion in remittances to the country, …
Court Orders Freezing of 445 Bank Accounts
On Monday, 9 March, Senior Special Judge of Dhaka Metropolitan Court, Md. Sabbir Foyez, authorised the freezing of 445 bank …
Court Extends Travel Ban on Sixteen Bank Officials
Dhaka authorities have imposed a travel restriction on sixteen individuals, including former chairman of Basic Bank Sheikh Abdul Hye Bacchu, …
Foreign Reserves Dip Following Acknowledged Payments
Bangladesh’s foreign currency reserves have declined slightly after the settlement of payments through the Asian Clearing Union (ACU), despite continued …
Bangladeshi Taka Exhibits Volatility Against Major Currencies
Bangladesh’s growing trade and financial engagement with international markets has underscored the importance of tracking the latest foreign exchange rates …