Dhaka March 14, 2025, 10:51 pm
Exporters warn of huge losses, job cuts, decline in investment; fresh demos force closure of 63 garment factories
The banks involved are National Bank, First Security Islami Bank, Social Islami Bank, Union Bank, Commerce Bank, Exim Bank, Islami Bank, Padma Bank and ICB Islami Bank
Both countries want to work more closely by forming specialised teams
Interest rate also to be raised soon
Of the total, Tk 963.82 crore will come from the government fund, Tk 100.16 crore from the project assistance fund and the rest Tk 158.16 crore from the concerned organizations’ fund
The central bank governor made the commitment during a virtual meeting between the Bangladesh Bank and the correspondent banks on Tuesday
IDB regional chief confirms the funding to assist reform efforts
Professor Yunus asks WB for technical support to recover billions of dollars of stolen assets siphoned off from Bangladesh
The adviser made this announcement following a meeting with a World Bank delegation led by Regional Director Mathew A. Verghis at the Finance Division of the Bangladesh Secretariat on Tuesday
The Environment, Forest and Climate Change and Water Resources Advisor made these remarks following her meeting with German Ambassador Achim Tröster at the Ministry's office in the Secretariat on Tuesday
He made the call when Ambassador of Switzerland to Bangladesh Reto Renggli met him on Sunday. The Swiss envoy was leading a delegation in the meeting held at the secretariat
Presided over by the Chief Advisor Prof Muhammd Yunus, the meeting is likely to be held at the chief's office at State Guest House Jamuna in Dhaka on Wednesday
This grant will be given for three sectors namely (a) Good Governance, (b) Social, Human and Economic Opportunity and (c) Resilience
A newly formed taskforce will evaluate the current financial size in the country’s banking sector, he says
According to the directive, expatriates or their families will only be eligible for the 2.5% incentive if compensation funds are legally transferred to Bangladesh
It aims to review financial stability and suggest regulatory improvements
The remarks from the adviser came against the backdrop of increasing load shedding across the country in recent days
Bangladesh and India signed the third agreement involving $4.5 billion under the system in March 2017
This funding complements the ongoing distribution of hygiene and sanitary items, shelter tools, and kitchen sets from EU-funded emergency stockpiles
Printing money would not be wise given the current inflation situation, says Ahsan H Mansur
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