The Dhaka Chamber of Commerce and Industry has raised serious concerns over Bangladesh Bank鈥檚 continued contractionary monetary policy, warning that high interest rates and declining credit growth are choking trade, investment and industrial activity...
The High Court on Sunday asked the authorities concerned to explain in four weeks why Thakurgaon airport, shut down for the last 44 years, should not be reopened in public interest and in the interest of economic development and tourism...
Commerce adviser Sk Bashir Uddin on Saturday affirmed that trade between Bangladesh and India will continue in the greater interest of consumers and businesses of both nations, emphasising the mutual benefits derived from sustained economic cooperation...
The Bangladesh Bank on Tuesday kept the policy rate unchanged at 10 per cent, defying strong demands from the business community to ease borrowing costs as high interest rates continue to squeeze corporate finances and undermine operations...
Malaysia鈥檚 central bank cut on Wednesday its interest rate by 25 basis points, its first reduction in five years, as a 鈥榩re-emptive measure鈥� to sustain growth amid moderate inflation...
Interest rates on treasury bills and bonds have climbed sharply to 12 per cent after the Bangladesh Bank discontinued its 28-day repo facility, tightening liquidity in the banking system and making banks more hesitant to invest in government securities...
The government has slashed profit rates on all types of national savings certificates for the next six months, effective from Tuesday, July 1...
Oil prices rose and stock markets diverged Wednesday as investors tracked the Israel-Iran conflict and a looming US interest rate decision...
THIS article builds on the earlier piece 鈥楻iba, Money and Interest Paradox鈥�, which exposed the inconsistency of condemning interest as immoral while simultaneously benefiting from interest-based systems 鈥� such as earning salaries from banks or utilising public infrastructure financed by interest-bearing loans. It highlighted that institutions like the IMF and...
THIS article aims to respond to the recent directives of the Bangladesh Bank, suggesting that banks may not share profits with their depositors. This raises a foundational question: what are the sources of these profits? More broadly, what are the sources of income that allow Bangladesh Bank and commercial banks to pay salaries and employee benefits and cover their...
Ambassador of the Republic of Korea to Bangladesh Park Young Sik on Wednesday said in Dhaka that unlike India, China or the United States, his country did not have any strategic interest here in Bangladesh...
Interest rates on treasury bills and bonds have climbed sharply after the Bangladesh Bank discontinued its 28-day repo facility, tightening liquidity in the banking system and making banks more hesitant to invest in government securities...
The Bangladesh Bank has rejected the International Monetary Fund鈥檚 suggestion to lower the policy interest rate, saying that no such move would be considered until inflation dropped to the targeted level...
The government鈥檚 borrowing from commercial banks doubled in the first eight months of the 2024-25 financial year due to high interest rates and the low-risk nature of treasury instruments...
The country鈥檚 private sector businesses have urged for deferring Bangladesh鈥檚 LDC graduation for at least 2 to 3 years, considering the prevailing global and local economic challenges, including a shortage of energy, high inflation, high interest rates and complexities in obtaining credit from banks...
The European Central bank on Thursday reported a record loss in 2024 after it had aggressively hiked eurozone interest rates in response to soaring inflation...
Elon Musk has said he would work with US president Donald Trump for as long as he 鈥榗an be helpful,鈥� as the pair dismissed concerns over possible conflicts of interest due to the tech tycoon鈥檚 work with the White House...
The Bangladesh Cold Storage Association (BCSA) has demanded a reduction in bank loan interest rates and electricity bills aiming to lower potato storage rent...
Stock markets diverged Wednesday as attention turned away from recent turbulence in tech markets to the outlook for interest rates, with the Fed and the ECB both holding their first major meetings of the year...
The weighted average interest rate gap between deposit and lending rate in banking sector remained above 5 per cent for the past 10 consecutive months, depriving depositors of significant interest earnings...
The interim government on Wednesday introduced dual rates for the interest payment of the national savings certificates, said Finance Division officials, adding that the rates took effect from January 1...
The government鈥檚 overall interest payments grew by 21 per cent in the 2023-24 financial year largely because of a 60-per cent rise in the external interest payment against foreign loans, mostly taken for financing megaprojects by...
Stock markets were rattled Wednesday by worries about incoming US president Donald Trump slapping tariffs on imports and the fading prospects for interest rate cuts...
European and Asian stock markets slid Thursday following sharp losses on Wall Street as the Federal Reserve signalled fewer cuts to US interest rates next year...
The yen fell against the dollar on Thursday as the Bank of Japan left borrowing costs unchanged and warned of uncertainty over the economic policies of US president-elect Donald Trump...
Major stock markets mostly fell Tuesday as attention turned to the Federal Reserve鈥檚 upcoming policy decision, with traders hoping for guidance on its interest rate plans as president-elect Donald Trump prepares to take office...
The Asia Pacific region鈥檚 growth in the forthcoming year will remain at 2024 levels, according to Mastercard Economics Institute鈥檚 recently published economic outlook for the year 2025, which also forecasted that inflation and interest rates would ease offering relief to consumers and households...
The Investment Corporation of Bangladesh has received approval from the Bangladesh Bank for a Tk 3,000 crore-loan at a reduced interest rate of 4 per cent, down from the initial 10 per cent...
The Bangladesh Bank on Sunday imposed the maximum interest rate for credit card loans, setting it at 25 per cent...
South Korea鈥檚 central bank cut interest rates Thursday for the second time in a row in a surprise move, citing stabilising inflation and the need to mitigate growing economic risks...