Private passenger car sales in Bangladesh have plunged to the lowest level in 13 years, reflecting persistent economic headwinds, high import costs and tightening consumer purchasing power, according to market insiders and official data.

Analysts caution that the move sends troubling signals about institutional stability

The garment entrepreneur by profession will hold the post for the next four years

Bangladesh shipped apparel worth $8.20 billion out of the $77.88 billion imported by the US last year

The protesting officials held a rally under the banner of the Bangladesh Bank Officers’ Welfare Council

Mansur said the issues raised, particularly the merger of several banks, are matters of state policy and political economy, not concerns for a staff association

With the main harvesting season for onions beginning in early March, prices of the popular bulb have fallen over the past week amid increased availability of early-harvested onions and imports, according to traders and farmers.

Mir Ahmad Bin Quasem Arman, a newly elected lawmaker from Bangladesh Jamaat-e-Islami, met Bangladesh Bank (BB) Governor Ahsan H Mansur yesterday to discuss the possibility of arranging foreign investment for mobile financial service provider Nagad.

Three officials of the Bangladesh Bank (BB) were transferred a day after being served show-cause notices for holding a press conference in violation of staff rules and commenting on policy decisions.

TakaPay card, the first-ever national debit card, has failed to secure a significant foothold in the two years since its launch by the central bank, aimed at reducing dependency on global payment networks such as Visa and Mastercard.

Garment factory owners yesterday urged Bangladesh Bank (BB) Governor Ahsan H Mansur to release export incentive funds so factories can pay workers’ wages and bonuses ahead of Eid-ul-Fitr.

The dollar crisis has eased. Foreign exchange reserves have improved from the lows seen four years ago. But imported fruits still face a 100 percent cash margin for opening letters of credit (LCs).

The National Board of Revenue (NBR) has taken steps to facilitate tax return filing by Bangladeshis staying abroad.

While Russian oil exports dropped last year, Russia is still exporting higher volumes than before its invasion of Ukraine in 2022, researchers said Tuesday, calling for stricter sanctions enforcement.

Although foreign currency pressures have eased, 100% cash margin requirements keep supply tight and prices high

State minister for sports will chair the meeting on February 25

The NBR has introduced a special registration system for Bangladeshi taxpayers abroad

Garment exporters tell Bangladesh Bank governor that delays in settling Tk 5,700 crore are straining factories

The United States imposed a new tariff from Tuesday of 10 percent on all goods not covered by exemptions, the US Customs and Border Protection said, the rate first announced by President Donald Trump on Friday rather than the 15 percent he promised a day later.

A day ago, they were served show-cause notices by the central bank