Dhaka May 10, 2025, 8:49 pm
Bangladesh is expecting some US$1.0 billion worth of budgetary support from the WB, the government would request the visiting vice-president to confirm the fiscal support, after getting the green signal from the IMF to provid
Authorised dealer banks may continue to effect outward remittances on account of these students till September 30, 2022 subject to observance of usual regulatory instructions
The upper limit will not be applicable for the next five years for financing to coal-fired power plants
Registered gold businessmen would be able to purchase tender schedule by paying Tk 2,000 (non-refundable) and submitting necessary documentation
The directed lending climate facility will help increase funding to corporations for renewable energy and green transition projects and support Pubali’s climate finance practice
A remitter will now get Tk 107 per dollar, even if they send remittance directly through banks
IMF has also expressed concerns over suspicious transactions and money laundering
As per IMF suggestions, the central bank must follow the standard where spending for export development fund (EDF), loan to Sri Lanka and financing domestic projects from reserves must be excluded
With the help of this online payment system, transactions can be carried out more efficiently and it will provide convenience and faster service to the clients
The government is also considering if Bangladesh Bank can introduce digital currency. Introduction of Central Bank Digital Currency (CDBC) will facilitate currency in virtual transactions and encourage startups and e-commerce
In its report, the ACC mentioned that the commission does not yet have any specific information about the involvement of central bank officials in the embezzlement
The ACU is an arrangement through which participating countries settle import payments for intra-regional transactions
Around two weeks will be needed to reach a final decision in this regard
The shrinking value of the currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already face
Under the policy, a bank can give a borrower at best three years to pay off the loans in installments
Justice M Enayetur Rahim of Appellate Division Chamber Judge Court today stayed the October 23 High Court order that had put the test on hold for one month
After allowing a floating exchange rate of the greenback, the central bank is currently providing USD support to banks just to cover government import payments
Bangladesh Bank has once again directed authorities to monitor cryptocurrency transactions after finding that people are still using bank accounts for the buying and selling of Bitcoin and other virtual currencies
Dhaka Bank Limited has arranged Tk 9,000 million for Bashundhara Oil and Gas Company Limited (BOGCL) as the lead arranger for supporting the production of bitumen, a major element for infrastructure development
Current aid portfolio $2.78b for 12 projects, in a rapid rise
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