UK inflation stable ahead of central bank rate call
British inflation was unchanged in August, official data showed Wednesday, fuelling expectations that the Bank of England will not cut interest rates again at its meeting this week...
Tags : interest
US consumer inflation heats up
US consumer inflation rose last month to its highest level since January, government data showed Thursday, although analysts believe that this is unlikely to deter the central bank from an interest rate cut next week...
RMG factories warned for defaulting wage loans
The government has issued a strong warning to factory owners who have failed to repay the interest-free loans provided to them for clearing workers鈥� arrears, said Labour and Employment adviser M Shakhawat Hossain...
US jobs data boosts rate cut hopes but stocks slide
Weak US jobs data cemented expectations of an interest rate cut later this month on Friday, but stocks slid on worries about the economic outlook and profit-taking...
Lending-deposit rate gap above 5.8pc for 15 months
The weighted average interest rate spread in Bangladesh鈥檚 banking sector has remained above 5.8 per cent for 15 consecutive months through to July 2025, highlighting a prolonged imbalance that continues to deprive depositors of fair returns.
US Fed chair opens door to rate cut
US Federal Reserve chair Jerome Powell left the door open to interest rate cuts in a keenly watched speech Friday, balancing risks to the economy as president Donald Trump intensifies pressure on the central bank...
Govt treasury bill, bond rates fall sharply to 10pc
Interest rates on government treasury bills and bonds have fallen sharply in recent weeks as the government has scaled back its borrowing from commercial banks, easing demand for funds in the market...
Trump raises pressure on Fed with call for governor to resign
President Donald Trump ramped up pressure on the US central bank Wednesday with a call for Federal Reserve governor Lisa Cook to step down, as he repeatedly criticises Fed chair Jerome Powell for not lowering interest rates...
Global stocks diverge as traders eye US rate signals
Stock markets fluctuated on Wednesday, with many investors sticking to the sidelines while awaiting clues on US interest rate moves...
Asif Mahmud says he won鈥檛 be in election-time govt
The youth and sports and local government, rural development and cooperatives adviser, Asif Mahmud Shojib Bhuyain, has said that he will not be part of the election-time government to avoid conflict of interest as a political figure...
Remain united for nat鈥檒 interest: Tarique
Bangladesh Nationalist Party acting chairman Tarique Rahman on Wednesday urged all to remain united for the sake of national interest...
Withdrawal of project of public interest not an option
THE government鈥檚 discontinuing its support for the national academy for children with special needs at a time when there are barely any facilities to ensure access to education for children with autism and other neurodevelopmental disorders is disconcerting. The Planning Commission on August 4 decided to close the academy on the grounds that the implementation of the...
Tight monetary policy harming trade: DCCI
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...
Why Thakurgaon airport won鈥檛 be reopened: HC
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...
Trade with India to go on in public interest: Bashir
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...
Bangladesh Bank keeps policy rate unchanged at 10pc
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 cuts key interest rate, first in 5 years
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...
Govt treasury bill, bond rates rise further
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...
Govt cuts NSC interest rates
The government has slashed profit rates on all types of national savings certificates for the next six months, effective from Tuesday, July 1...
Oil price rises, global stocks mixed
Oil prices rose and stock markets diverged Wednesday as investors tracked the Israel-Iran conflict and a looming US interest rate decision...
A misinterpreted equivalence
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...
Riba, money and interest paradox
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...
Korea does not have strategic interest in Bangladesh: envoy
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...
28-day repo scrap driving treasury bill rate hikes
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...
BB rejects IMF鈥檚 call for policy rate cut
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...
Govt borrowing from banks surges to Tk 86,000cr
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...
Delay of LDC graduation sought
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...
ECB rate hikes result in 7.9b-euro loss in 2024
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...
Musk says he鈥檒l work with Trump as 鈥榣ong as helpful鈥�
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...
Cold storage owners demand reduction in interest rates
The Bangladesh Cold Storage Association (BCSA) has demanded a reduction in bank loan interest rates and electricity bills aiming to lower potato storage rent...