Australian central bank rules out near term rate cut
Australia鈥檚 central bank held interest rates steady at a 12-year high Tuesday and warned that a cut is 鈥榥ot on the agenda鈥� as it battles stubbornly high inflation...
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Rate on treasury bonds hits record 12.8 per cent
The interest rates on government treasury bonds surged to near 12.8 per cent in June due to the central bank鈥檚 contractionary monetary policy stance...
TIB condemns govt鈥檚 use of fake narratives
Transparency International Bangladesh released a statement on Friday condemning the forced withdrawal of the quota reform movement by six coordinators through a video message...
MTB gets Euromoney recognition
Mutual Trust Bank PLC has been named the 鈥楤est digital bank in Bangladesh鈥� for 2024 by Euromoney, said a press release...
Russian central bank hikes key rate to fight inflation
Russia鈥檚 central bank raised its key interest to 18 per cent on Friday, the sixth hike in just over a year as it seeks to tame soaring price rises.
Loss of lives highlights governance failures: TIB
The recent repression of the students鈥� quota reformation movement for government jobs, coupled with unprecedented deaths and destruction, highlights severe...
TIB for stopping repressive measures against students
Transparency International Bangladesh on Thursday called upon the government to immediately stop repressive measures against students and announce acceptance of all their legitimate demands...
Banks partially reopen, see cash withdrawal rush
Some branches of the country鈥檚 commercial banks reopened on Wednesday as the government relaxed the ongoing curfew, allowing offices to keep open from 11:00am to 3:00pm...
MTB named most innovative digital bank by Int鈥檒 Finance
Mutual Trust Bank PLC has been named 鈥楳ost Innovative Digital Bank 鈥� Bangladesh 2024鈥� by International Finance, said a press release....
Akash Digital TV launches new DTH HD platform
Akash Digital TV, Bangladesh鈥檚 only DTH Pay TV operator, owned by Beximco Communications Limited, announced the launch of a new DTH HD platform together with a pioneering Akash Go Companion App along with My Akash Self Care App that would shape the future for world class media and entertainment and transform the TV viewing and user experiences and access to premium content in Bangladesh, said a press release on Tuesday...
Kind govt reaction needed to Lanka economic distress
WITH less than a month before presidential elections are called, president Ranil Wickremesinghe has highlighted the success of his presidency as rescuing Sri Lanka from its international bankruptcy status that prevents it from doing business with the rest of the world. The signing of the agreement on international debt restructuring for...
Bangladesh鈥檚 int鈥檒 reserves over $16b: BB
Bangladesh Bank on Tuesday confirmed that the country鈥檚 international reserves have now surpassed $16 billion, with gross reserves totalling around $26 billion....
Govt must overhaul Cyber Security Act and then redraft rules
THE observations that Transparency International Bangladesh has made on the Cyber Security Rules 2004 鈥� consequent on the Cyber Security Act 2003 passed in September 2023 鈥� suggest that the government has not made the course correction that it needed even after repeated criticism of the law by the well-meaning section of society...
Proposed Cyber Security Rules a weapon to control rights, says TIB
Transparency International Bangladesh executive director Iftekharuzzaman expressed concern on Thursday about the proposed Cyber Security Rules 2024 saying that...
BB to allow firms for credit scoring of borrowers
The Bangladesh Bank has decided to allow companies to form 鈥榗redit bureaus鈥� for credit reporting and scoring on individuals and businesses by analysing borrowers鈥� credit histories and repayment capacities...
Court accepts charges against PK Halder
The Dhaka Metropolitan Senior Special Judge鈥檚 Court on Monday accepted a charge sheet against former NRB Global Bank managing director Proshanta Kumar Halder, also known as...
Candidates鈥� income rises up to 31,900pc
The income and assets of the candidates participated in the upazila elections and their dependents as well saw a staggering increase in the past five years, said...
Provision to legalise undisclosed money unethical: TIB
Transparency International Bangladesh in a statement on Thursday expressed its shock and disappointment over an 鈥榰nethical鈥� provision in the proposed budget allowing people to legalise undisclosed money...
Compensation for victims of Benazir鈥檚 corruption sought
Transparency International Bangladesh on Monday demanded fair compensation for the individuals who were coerced by former police chief Benazir Ahmed into selling their land...
EC must now investigate wealth mismatch of candidates
TRANSPARENCY International Bangladesh has earlier made public its findings form the analysis it carried out on the affidavits that the candidates submitted to the Election Commission running in both the national and local government elections...
Nagad given licence for Bangladesh's first full-fledged digital bank
The Bangladesh Bank on Monday approved a banking licence for Nagad Digital Bank PLC, the first full-fledged digital bank in Bangladesh, and listed it as...
TIB for actions against affidavit mismatch
Transparency International Bangladesh shared its findings with the Election Commission on Sunday that revealed various anomalies in the affidavits of candidates submitted...
Govt must enforce laws to stop illegal landowning
NO ENFORCEMENT of the laws that bar individuals, families or bodies from holding more than 100 bighas, or roughly 33 acres, of land, including 60 bighas, or 19.83 acres, of agricultural land, keeps allowing many to acquire and own land beyond the limit...
EC, NBR must act on allegations of candidate wealth mismatch
THE mismatch between the amounts of wealth that upazila election candidates have stated in income tax returns and election affidavits, as Transparency International Bangladesh came up with at press conference on May 27, warrants investigation, and consequent action, on a couple of fronts by authorities...
Youths for creation of more skilled workforce
Youths, at a seminar on Monday, underscored the importance of creating more skilled workforce to address the unemployment problem.聽..
Candidates鈥� affidavits, tax returns mismatch
Anti-graft watchdog Transparency International Bangladesh found a mismatch between the affidavits and income tax returns of many wealthy candidates for the third phase of the upazila parishad election slated for May 29...
TIB urges govt to ensure accountability for high-level power abuse
Transparency International Bangladesh on Sunday urged the government to bring the high-level power abuse under accountability following due process and to release a White Paper on corruption...
ERF demands fast reversal of restrictions on journalists at central bank
Journalist association Economic Reporters鈥� Forum demanded immediate lifting of ban on journalists鈥� entry into the Bangladesh Bank, warning of a rigorous movement otherwise...
Politics, to serve people, must remain free of moneyed clout
AN ABNORMAL increase in the moveable and immovable assets of public representatives and public office holders has for long been an issue of concern. Such an abnormal increase in wealth certainly shows an association between tenure in office and a rapid increase in income and wealth, suggesting corrupt practices...
Businesses urge BB not to change policy frequently
Business leaders on Thursday said that frequent policy changes by the central bank hampered their business and they called for long-term stable policies to ensure smooth business operations...