Browsing Category
Economy & Industry
Commission to Implement Sustainable Banking Reforms
The interim government has taken a significant step towards reforming the country’s banking sector by announcing the formation of a dedicated commission aimed at implementing sustainable…
Islami Bank Appoints Md Obayed Ullah Al Masud as New Chairman
Bangladesh Bank has announced the formation of a new board for Islami Bank Bangladesh, appointing five independent directors to address issues at the troubled Shariah-based lender. This…
BB Governor: No More Bank Liquidity Support
Bangladesh Bank (BB) has announced it will no longer provide special liquidity support to any banks, according to Governor Ahsan H Mansur. This decision marks a significant shift in the…
Tapan Chowdhury Appointed as New Chairman of CDBL
Renowned industrialist Tapan Chowdhuryhas been elected as the new chairman of Central Depository Bangladesh Limited (CDBL). The election took place on 22nd August during a meeting of…
Bangladesh’s Economy Experiences a Significant Downturn in July
In July, Bangladesh's economy experienced a severe downturn, according to the latest Purchasing Managers' Index (PMI). The PMI dropped sharply by 27 points from the previous month, falling…
Bangladesh’s Purchasing Managers’ Index Falls in July
The Purchasing Managers’ Index (PMI) for Bangladesh fell dramatically in July, dropping 27 points to a concerning 36.9, according to the Metropolitan Chamber of Commerce and Industry…
BIDA Receives 254 Investment Proposals for April-June 2024
The Bangladesh Investment Development Authority (BIDA) has reported a substantial influx of investment proposals for the April-June 2024 period, with 254 industriesregistering a combined…
Indian Media’s Narrative on Bangladesh’s New Hope For Democracy: A Call for Balanced…
The recent political turmoil in Bangladesh, marked by Prime Minister Sheikh Hasina's resignation and the ensuing unrest, has ignited a media frenzy across the border in India. The Indian…
S&P: Political Instability Poses New Threats to Bangladesh’s Economy
Bangladesh's economy faces new risks due to ongoing political volatility, according to S&P Global Ratings. The American credit rating agency reported that the country's sovereign…
Bangladesh Takes 29th Place in World Bank’s B-Ready Index
Bangladesh has been ranked 29th out of 50 countries in the World Bank’s inaugural B-Ready Index, which is set to replace the discontinued Ease of Doing Business report. The new index,…
