No form of supervision will be able to ensure a sound banking sector unless there is a change in the country’s politics and an end to political influence over banks, said Bangladesh Bank Governor Ahsan H Mansur yesterday.

Consumer prices eased to their lowest level in nearly three years in June, according to official data, offering tentative signs of economic stabilisation after months of monetary tightening by the central bank.

Customs House, Chattogram, the country’s highest revenue-generating customs station for more than three decades, collected Tk 75,432 crore in the just-ended fiscal year (FY) 2024-25, according to provisional estimates..This marks a 9.71 percent increase from the previous year’s collection.

The jury committee lauded his "visionary leadership and pioneering role in transforming the travel sector in Bangladesh"

The easing was driven by declines in both food and non-food inflation

Political and social issues also alarm

The DSEX rose 70.89 points to 4,964.96 as of 12:22 pm

The Bangladesh Sustainable and Renewable Energy Association yesterday urged the interim government to reconsider its cancellation of 31 letters of intent that the past regime had signed with potential investors in solar power projects without adopting any tender process...A letter of

The stability of Bangladesh’s banking sector is under serious threat, and it’s no longer an abstract issue confined to industry insiders or economists.

The country’s private sector remains hamstrung by red tape, political uncertainty, and rising costs, all of which pose a serious threat to economic progress, according to Mohammed Amirul Haque, founding managing director and chief executive officer of Premier Cement Mills Limited.

The Bangladesh Bank (BB) is unlikely to reduce the policy or repo rate for the second half of this year as inflation continues to remain stubbornly high, according to the central bank governor.

The Dhaka Stock Exchange (DSE) ended last week on a positive note as turnover also increased, reflecting strong investor activity.

Deposit and investment growth in the country’s Islamic banks fell to a four-year low in the first quarter of 2025, apparently driven by rising public concerns over the financial stability and governance practices of the commercial lenders.

The interim government is set to amend the Bank Company Act by reducing the board members from a single family, the BB governor tells The Daily Star

Textile millers have demanded the withdrawal of the 2 percent advance income tax (AIT) on cotton imports within a week, warning of possible factory closures otherwise..Speaking at a press conference organised by the Bangladesh Textile Mills Association (BTMA) at the Gulshan Club in Dhaka y

But 25% of the interest income must go to the Investors’ Protection Fund, says a July 3 gazette

Currently, 95 percent of claims are processed within three working days

The automated-challan will enable direct deposit to government treasury

Millers said the levy is hurting the sector

The Asian Development Bank plans to provide $1 billion in budget support to advance Bangladesh’s banking sector reforms, contingent on 25 conditions including the creation of a financial stability fund for banks facing capital shortfalls.