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Machinery imports rise, reversing the downturn

Imports of capital machinery edged up in the first six months of the fiscal year (FY) 2023-24, reversing the downturn that persisted for nearly one and half year as political uncertainty ebbs and exporters expect increased orders from western buyers. ....

Ezazul Islam , Faruque Hassan , Syed Mahbubur Rahman , Bangladesh Bank , Mutual Trust Bank Ltd , Exporters Association , Mahbubur Rahman , Bangladesh Garment Manufacturers ,

Credit card issuance creeps along

Credit card issuance by banks in Bangladesh witnessed slower growth in 2023 compared to the year prior, when the National Board of Revenue (NBR) tightened its regulations for securing the debt-based financial instrument. ....

Abu Bokar Siddik , Rakibul Islam , Syed Mohammad Kamal , Mahiul Islam , Mutual Trust Bank Ltd , National Board Of Revenue , Bangladesh Bank , National Board ,

Bankers' decision to appreciate taka draws mixed reactions

Bankers today decided to appreciate the taka against the US dollar by Tk 0.50 from tomorrow as they observed an improvement in the overall current account balance, which records the nation's transactions with the rest of the world ....

Syed Mahbubur Rahman , Ahsanh Mansur , Mutual Trust Bank Ltd , Research Institute , Association Of Bankers , Bangladesh Foreign Exchange Dealer Association Bafeda , Bangladesh Foreign Exchange Dealer Association , Policy Research Institute , Mahbubur Rahman ,