BB to announce monetary policy on Feb 10
BB to announce monetary policy on Feb 10

Bangladesh Bank (BB) is set to announce a new monetary policy for the remaining period of the current fiscal year 2024-25 on February 10. The date of the central bank board meeting is fixed on February 9, and the next day (February 10) will be announced the monetary policy, said a senior...

Capital machinery imports plunge amid rising economic uncertainty
Capital machinery imports plunge amid rising economic uncertainty

The import of capital machinery in Bangladesh has plummeted, reflecting the deepening economic uncertainty facing the nation. Data from Bangladesh Bank reveals a stark decline in letters of credit (LCs) for machinery imports across all industrial sectors during the first five months (July-November)...