Fri, 17 Jan 2025, 08:28 pm
Economy

Banking sector reform hinges on resolving political issues: experts

Economists and experts on Friday said that current problems of the financial sector could not be resolved without addressing the underlying political problems, as economic outcomes were connected to the

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Govt starts seizing launderers’ properties

The interim government has started the process of acquiring local assets of money launderers and repatriating their laundered money from abroad. Bangladesh Bank’s financial intelligence unit BFIU, CID, Anti-Corruption Commission,

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BGMEA seeks Tk 1,900 crore soft loan from government

Bangladesh Garment Manufacturers and Exporters Association on Tuesday sought soft loan facilities of around Tk 1,900 crore from the government to recoup their recent losses due to general holidays and

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BB raises cash withdrawal limit to Tk4 lakh daily

Bangladesh Bank (BB) has ordered commercial banks not to allow cash withdrawals of more than Tk4 lakh per account daily. Earlier, the limit was Tk3 lakh. The central bank has

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RMG supply chain disrupted by flood

The country’s apparel makers on Saturday said that the recent flooding had disrupted the readymade garment sector supply chain by submerging the Dhaka-Chattogram highway and sought alternative routes for transportation

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Interbank dollar rate raised to Tk 120 each

The Bangladesh Bank has increased dollar rate to Tk 120 each, responding to rising demand and low supply of the greenback in the market. The inter-bank dollar increased to Tk

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Elevated expressway’s Mohakhali ramp opens to traffic

The authorities on Thursday afternoon opened the entrance ramp of Dhaka Elevated Expressway in Mohakhali area in Dhaka after about a month. At the ramp the toll is now collected

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Global unions urge brands to stand by Bangladeshi workers

Two global union federations — Union Network International and IndustriALL — have urged global fashion brands to remain committed to Bangladesh amidst the country’s political upheaval, emphasising the critical role

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Prices of rice, vegetables go up

The prices of rice and some vegetables, including green chillies went up while the prices of broiler chicken and eggs decreased slightly on the kitchen markets in the capital Dhaka

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Prices won’t drop overnight, but people to get relief soon: Salehuddin

The prices of daily essentials will not come down overnight, but people will get relief immediately, said Dr Salehuddin Ahmed, Adviser to the Ministries of Finance and Planning on Wednesday.

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