১৮ জানুয়ারি, ২০২৫ ১৬:১৬ এর সব খবর

Saturday, 18 January, 2025

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Headline

United States overtakes UAE as leading source of expatriate remittances

The United States has surpassed the United Arab Emirates (UAE) in sending the most expatriate income, maintaining the top spot for three consecutive months. This marks a significant shift in global remittance trends, driven by a steady increase in U.S. expatriate remittances since political changes...

Businessmen backed against the wall

Resentment among businessmen is mounting as they feel increasingly cornered by the challenges facing the economy. With no clear guidance to revive trade and business, many have turned to Bangladesh Bank Governor Ahsan H. Mansur, presenting a nine-point set of demands aimed at easing their burden....

Expats send $73.66cr in remittances in 11 days of January

Expatriate Bangladeshis have sent $73.66 crore in remittances during the first 11 days of January, the first month of the new calendar. The daily average remittances to the country are $6.69 crore. According to the latest data received from the Bangladesh Bank on Saturday, Bangladesh received...

Govt to appoint foreign lawyer to recover siphoned money

Bangladesh Bank Governor Dr Ahsan H Mansur on Saturday announced that the interim government will hire foreign lawyers to recover funds siphoned abroad, offering commissions as incentives for retrieving large amounts, reports BSS. Money had been siphoned abroad, and we are now working with...

Defaulted loans could exceed Tk 6 lakh crore

Bangladesh Bank spokesperson Husne Ara Shikha said information on defaulted loans was hidden in previous governments regime, now efforts are being made to reveal it. It is said that the defaulted loans are worth 4 lakh crore taka or more. But she believes that if the total information comes to...

Former BB ED made advisor to the governor

Ahsan Ullah, former executive director (ED) of Bangladesh Bank, has now joined as an advisor to the governor of the regulator. He will assist Governor Dr. Ahsan H. Mansur with central reform activities. Ahsan Ullah took up the advisory post following his appointment, which was issued on Monday,...

Amount of defaulted loans may exceed 6 lakh crores

Husne Ara Shikha, executive director and spokesperson of Bangladesh Bank, said that earlier the information on defaulted loans was hidden, but now efforts are being made to reveal all the hidden information. According to the information, the defaulted loans are of Tk 4 lakh crores or more. If...

Bangladesh receives $22.67cr in remittances in 4 days of Jan

Expatriate Bangladeshis sent $22.67 crore in remittances during the first four days of January, the first month of the new calendar. The daily average remittances to the country are $5.66 crore. According to the latest data received from the Bangladesh Bank on Monday, Bangladesh received over...

BB relax forex for July uprising victims

Bangladesh Bank (BB) has announced a relaxation in the foreign exchange release limit for those requiring medical treatment abroad due to injuries they suffered during the July uprising. The Foreign Exchange Policy Department of the central bank issued a circular in this regard on Tuesday,...

Bank holiday today

All types of bank transactions are closed to mark the bank holiday today. Bank holiday is observed on December 31 every year. On this day the accounts sent from different branches of banks are consolidated and the annual financial report is prepared. That is why this day is considered a bank...

Initiatives aimed at reviving glory of ‘golden fiber’

The Interim Government of Bangladesh has taken significant steps to revive the nations once-thriving jute industry, often dubbed the golden fiber. As part of this initiative, Bangladesh Bank has introduced special provisions to facilitate the repayment of outstanding loans in the jute sector....

6 key drivers behind dollar price volatility in Bangladesh

Bangladeshs foreign exchange market faces significant volatility, driven by six critical factors identified by Bangladesh Bank. Spokesperson and Executive Director Husne Ara Shikha outlined these challenges on Monday, highlighting the year-end surge in dollar demand due to December loan repayment...

Bangladesh Bank steps in to stabilize exchange rates

As the countrys foreign exchange market is facing turmoil due to surging dollar demand, Bangladesh Bank has come up to identify key causes and implement corrective measures, UNB reports citing officials. To stabilize the situation, they said, Bangladesh Bank has taken the following steps:...

Country receives $2.4b remittance in 28 days

Expatriate Bangladeshis sent over US$2.4 billion in remittances during the first 28 days of December in the 2024-25 fiscal year. Of this, remittances through state-owned and specialized banks accounted for $782.27 million, while private banks received $1,631.36 million, according to Bangladesh...

Gross forex reserves cross $26b: BB

Bangladeshs gross foreign exchange reserves have crossed US$26 billion. According to the latest data, foreign exchange reserves amount to $26.09 billion, reports BSS. However, the reserve stands at over $21.34 billion according to the BPM-6 calculation standard of the IMF, said Bangladesh...

Banking sector failures more or less everyone's responsibility: Governor

Dr.Ahsan H.Mansur, the Governor of Bangladesh Bank, stated that the failure in the banking sector cannot be attributed to any one group alone, emphasizing that all parties bear some responsibility. He made the remark on Sunday (Dec 29) during an event marking the Golden Jubilee of the Bangladesh...

Many struggling banks recovering: BB Governor

Bangladesh Bank (BB) Governor Dr Ahsan H Mansur has said that several banks, which were on the brink of bankruptcy, are now making significant strides in recovery due to strengthened regulatory measures and improved management practices. Banks are not private or family entities; they belong to...

Dollar market in turmoil as Bangladesh Bank considers new system

The Bangladeshs dollar market is once again in turmoil, with the price of the US dollar surging by Tk7-8 within the past week, reaching Tk128-129. Just seven days earlier, the rate had been Tk121-122, signaling a return of volatility after five months of relative calm. This surge is causing...

ACC approves case against ex-BB deputy governor SK Sur and family

The Anti-Corruption Commission (ACC) has approved filing a case against Sitangshu Kumar Sur Chowdhury (SK Sur Chowdhury), former Deputy Governor of Bangladesh Bank, along with his wife, Suparna Sur Chowdhury, and daughter, Nandita Sur Chowdhury, reports TBS. Following an inquiry into allegations...

Bangladesh receives $200cr remittance in 21 days of Dec

Bangladesh received $200.73 crore in remittances in the first 21 days of December through banking channels. The surge in remittances has been attributed to expatriates opting for legal channels, particularly following the political changeover in the country. According to the latest update...

BB raises age limit for bank job applicants

Bangladesh Bank (BB) has announced a new age limit for entry-level positions in banks, aligning it with the governments updated age limit for public sector jobs, reports UNB. In a notification issued by Mohammad Shahriar Siddiqui, Director of Bangladesh Banks Banking Regulation and Policy...

13 NBFIs spend Tk 8.3 million on Mujib Borsho celebrations

Despite facing profit challenges in recent years, 13 non-banking financial institutions (NBFIs) spent over Tk 8.32 million on celebrating Mujib Borsho, marking the birth centenary of Sheikh Mujibur Rahman. This data was provided by the Bangladesh Bank to the Financial Institutions Division (FID)...

Bad loans in banking sector hits Tk6.75 lakh crore: White Paper

The amount of bad loans in the banking sector has been increasing rapidly in recent years, as reflected in data from Bangladesh Bank (BB), according to the recently released White Paper, reports UNB. In June 2021, BB data showed the defaulted loan rate was 7.9 percent. By the end of June this...

Four barriers to export disaster

Despite the potential for growth in sectors beyond ready-made garments (RMG), many industries remain underdeveloped. Analysts cite policy challenges, funding constraints, lack of infrastructure, and the weak bargaining power of non-garment exporters as key obstacles. As a result, ready-made...

Bangladesh Bank set to unveil new notes with fresh designs

The long-awaited launch of new currency notes in Bangladesh is set to take place within the next six months, with denominations of Tk 20, Tk 100, Tk 500, and Tk 1,000 expected to be released into circulation. Bangladesh Bank revealed the news, sparking widespread curiosity about the design...

Govt aims to pull down inflation to 4-5%: BB Governor

Bangladesh Bank Governor Dr Ahsan H Mansur on Wednesday said the government has planned to bring down inflation to 4-5 percent. Our aims are to bring inflation down to 7 percent by next June. We will bring it down to 5 percent by the next fiscal year 2025-26. The main goal is to bring inflation...

BDT 2.34 trillion stashed in the pockets of bank directors

The banking sector of the country suffered the most during the tenure of the previous government, a fact highlighted in the White Paper Committees report. Allegations have been made regarding the involvement of several bank chairmen in undermining the sector, including claims of collusion....

Nearly 5 lakh vacant positions in government jobs

Currently, the number of vacant positions in government jobs stands at 4,73,001. The Ministry of Public Administration on Monday sent a letter to the governor of Bangladesh Bank, all secretaries, and relevant authorities regarding filling these vacancies. The letter states that according to the...