Bangladesh Bank (BB) and National Board of Revenue (NBR) have established an integrated automated system to check capital flight and tax evasion through strengthening monitoring and supervision on foreign trade….

The country’s banking sector witnessed lowest return on assets in 10 years due to the rise in default loans. Return on Asset (ROA) was declining since December 2010 from 1.8%…

Economists lauded the central bank for its decision to keep the monetary policy unchanged for the second half of the fiscal year, saying it was the need of the hour….

The government may tread on the central bank’s path if its large loan restructuring policy fails to improve the default loan situation. “Let us see what the Bangladesh Bank has…

Bangladesh Bank plans to frame a policy to provide incentives to good borrowers, as there has been an allegation that the central bank stands by only defaulters. “I have instructed…

Bangladesh Bank got mixed results while analysing the impact of pay scales on inflation, according to the new monetary policy statement released yesterday. “Our analysis did not indicate any clear…

The central bank will continue to follow its restrained monetary policy in the second half of the fiscal year in a bid to contain inflation and move to a higher…

Bangladesh Bank sees the ongoing political turmoil as a major threat to the economy as the country’s longest blockade in about two decades is disrupting economic activities and putting investors…

TORRANCE, Calif. (AP) – Toyota is recalling 52,000 Avalon sedans because of a wiring problem that could cause a fire. The recall affects Avalons from the 2011 and 2012 model…

Bangladesh Bank has set the SME loan disbursement target at over Tk1,00,000 crore through all the commercial banks in the current year 2015. The target is 16.35% higher than the…