১৮ জানুয়ারি, ২০২৫ ১৬:১২ এর সব খবর

Saturday, 18 January, 2025

বাংলা

Headline

UK central bank's Bailey warns of economic nationalism risks

Bank of England Governor Andrew Bailey has urged global financial leaders, particularly the United States and China, to resist economic nationalism. In a speech released ahead of Donald Trumps inauguration as U.S. president, Bailey emphasized the importance of international cooperation in...

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...

EIB VP to visit Dhaka for Bangladesh-EU cooperation talks

European Investment Bank (EIB) Vice-President Nicola Beer is set to visit Dhaka tomorrow (Jan 7) for a three-day trip to review existing partnerships, discuss various issues and explore expanded investment cooperation with the Interim Government. The EIB, owned by the 27 EU member states, is the...

ADB to provide $1b annually for Bangladesh's development

Asian Development Bank (ADB) will provide US $1 billion to Bangladesh annually in concessional financing over the next five years. ADB Country Director Hoe Yun Jeong came up with the assurance when he met Environment, Forest and Climate Change Adviser Syeda Rizwana Hasan at the Forest Department...

Decision to send MDs of six banks on forced leave

Bangladesh Bank has sent the MDs of six banks to forced leave on Sunday. According to the central banks order, the banks are First Security Islami Bank, Social Islami Bank, Union Bank, Global Islami Bank, Exim Bank and ICB Islamic Bank. Four of these banks are under the control of the...

Minimal progress, excessive hype

Despite widespread calls to recover money smuggled out of the country over the years, progress has been minimal. International organizations such as the World Bank, IMF, GFI, and ADB have publicly pledged support, but tangible results remain elusive. To date, the limited progress made has mainly...

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....

Stock market trading closed today

In observance of the bank holiday, the countrys two main stock exchanges, DSE and CSE, will remain on Tuesday (Dec 31). Stock market transactions are settled through banks, and when the banks are closed, no trading takes place on the countrys two stock exchanges, DSE and CSE. Although there...

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...

Palestinian Journalist killed during security operation in Jenin

A journalist was fatally shot in the West Bank city of Jenin during a security operation, her family reported Sunday, citing local media via the Middle East Monitor. The family identified the victim as Shatha Sabbagh, alleging she was killed by gunfire from security forces on Saturday evening in...

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...

Projects are being affected as donors not disbursing funds

Foreign aid supply flow falls because of go slow policy of several Asian stakeholders. Funding disbursement from development partners have significantly decreased during a crucial moment, when Bangladesh needs dollars to increase its forex reserves. Officials informed that they see a slow pace...

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...

Many struggling banks recovering: BB Governor

Bangladesh Bank Governor Dr Ahsan H Mansur has said 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, reports UNB. Banks are not private or family entities; they belong...

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...

Cities worldwide hold subdued Christmas Eve celebrations amid conflicts

Bethlehem marked another somber Christmas Eve on Tuesday in the traditional birthplace of Jesus under the shadow of war in Gaza, reports AP. The cheer that typically descends on the West Bank during Christmas week were nowhere to be found. The festive lights and giant tree that normally decorate...