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economy

Islami Bank Rangpur Zone holds agent banking confce

Rangpur Zone of Islami Bank Bangladesh PLC organized Agent Banking Business Development Conference and Workshop on the Prevention of Money Laundering & Terrorist Financing on Monday, February 18, 2025 at a community center in Rangpur. Md. Abdul Jalil, independent director of the bank graced the program as the chief guest. Dr. M. Kamal Uddin Jasim, deputy managing director & ASM Rezaul Karim, senior executive vice president of the bank, addressed as special guests.  A. K...

Current account logs surplus after a year

According to the latest data released by the Bangladesh Bank, the central Bank of Bangladesh, the country's current account balance recorded a surplus after nearly a year. According to the Bangladesh Bank (BB), the current account balance showed a surplus of 33 million U.S. dollars during the first half of 2024-25 fiscal year against a deficit of 3.47 billion dollars during the corresponding period of the previous fiscal year (July 2023-June 2024). A BB official who preferred to be unnamed said the c...

Trump dismisses concern regarding Bangladesh, leaves it to Modi

President Donald Trump has distanced the United States from any involvement in Bangladesh’s ongoing political crisis. Speaking to the media alongside Indian Prime Minister Narendra Modi following a bilateral meeting in Washington, which primarily focused on trade and India-US relations, Trump dismissed concern regarding the situation in Bangladesh, making it clear that it was not a priority for his administration. “I’ll leave it (to say) to Prime Minister Modi,” Trump stated in response to...

Bangladesh records lowest economic growth in 4yrs

Staff Reporter:  Bangladesh has recorded its lowest economic growth in last four years in past fiscal year of 2023-24 due to contractionary monetary and fiscal policies to tackle the dwindling forex reserves and high inflation, and energy supply disruption. Country's economy grew by 4.22 percent in the previous fiscal year, falling 1.6 percentage points short of the provisional estimate by the Bangladesh Bureau of Statistics (BBS).

The final gross domestic product (GDP) ...

Sarjis ties the knot

Sarjis Alam, the chief organiser of the Jatiyo Nagorik Committee and a prominent leader of the Anti-Discrimination Student Movement, has recently married. The news was met with an outpouring of congratulations from friends, fellow activists, and well-wishers, including key figures in the interim government. On Friday evening, Asif Mahmud Sajeeb Bhuiyan, the Youth and Sports Adviser, shared a congratulatory message on Facebook, posting a photo from the wedding. The image featured Sarjis Alam i...

CA Yunus pledges to control prices, fix economy

Reaffirming his government’s commitment to fix the economy, Chief Adviser Dr Muhammad Yunus on Monday called for collective efforts to keep essential commodity prices stable during the upcoming Ramadan. "We seek everyone's cooperation to ensure that prices remain manageable. We have already talked to businesspeople, and they have assured us that there will be no short supply (of commodities) in the market. If anyone tries to create an artificial crisis for excessive profit, we will take strict action against them," he said in a televised speech to the nation in the morning.
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