News
Bank Asia holds training on remittance protection alongside agent banking business conference
2+ hour, 18+ min ago (192+ words) newagebd. net Bank Asia holds training on remittance protection alongside agent banking business conference Bank Asia Agent Banking organised a capacity-building training on "Remittance Surokkha" alongside the "Agent Banking Business Conference2026" at the BRAC Learning Centre in Cumilla on Saturday. The…...
1. 4m more Bangladeshis pushed into poverty in 2025: WB
2+ hour, 33+ min ago (919+ words) Around 1. 4 million more people fell into poverty in Bangladesh in 2025, reaching the rate to 21. 4 per cent, which was 20. 5 per cent in 2024, said the World Bank. Moreover, the Middle East conflict is expected to blunt a projected recovery in 2026, leaving only…...
A decision that may further endanger banks
2+ day, 11+ hour ago (426+ words) newagebd. net A decision that may further endanger banks The Bangladesh Bank's decision to relax single borrower and large loan exposure limits appears a reckless retreat at a time when the banking sector is already standing on a fragile ground....
Argentina inflation slows for first time in 11 months
3+ day, 2+ hour ago (240+ words) Argentina's monthly inflation fell to 2. 6 per cent in April, its lowest level in nearly a year, the national statistics agency said on Thursday, a development welcomed by cost-cutting president Javier Milei. Curbing Argentina's infamous'inflation'is a key objective of Milei, who…...
UK economy grows in Q1 amid political risks
4+ day, 3+ hour ago (493+ words) Britain's economy expanded in the first quarter, official data showed Thursday, offering a boost to embattled prime minister Keir Starmer as the Mideast crisis and political turmoil cloud the outlook. Gross domestic product rose 0. 6 per cent in the January-March period,…...
Warsh confirmed as Fed chair
4+ day, 3+ hour ago (760+ words) The US Senate on Wednesday confirmed Kevin Warsh as the new Federal Reserve chairman to lead a central bank whose independence is under attack and with inflation at a three-year high. The Senate voted 54 to 45 in favour of Warsh, with…...
BB cuts overdue loan penalty interest to 0. 5pc
5+ day, 3+ hour ago (343+ words) The Bangladesh Bank cut the maximum penalty interest on overdue loans to only 0. 5 per cent from 1. 5 per cent amid mounting stress in the banking sector. The central bank issued a circular on Wednesday instructing all scheduled banks to implement the…...
Pacific Islands" economic growth to slow: WB
6+ day, 2+ hour ago (350+ words) Pacific Island countries face a drop in economic growth in 2026 as remote nations reliant on tourism and imported diesel suffer shocks from the Middle East war, the World Bank said Tuesday. Around 90 per cent of electricity generation in the Pacific…...
Forex reserve drops to $29. 47b after ACU payment
1+ week, 1+ day ago (365+ words) Gross foreign exchange reserve has dropped to $29. 47 billion after the central bank cleared a payment of $1. 51 billion to the Asian Clearing Union to settle import bills for March and April. According to the Bangladesh Bank, the foreign exchange reserve dropped…...
Prime Bank clients to get discounts on Proton vehicles
1+ week, 2+ day ago (109+ words) Prime Bank PLC recently signed a strategic agreement with RANCON Cars Limited to provide exclusive benefits to its customers on purchasing various Proton vehicles. The agreement signing ceremony was held at RANCON Cars" office at Tejgaon in the capital, said…...