Business-Economy

How ‘Shutki’ can be a mainstay of Bangladesh’s robust fisheries export sector

Staff Correspondent: Bangladesh’s traditional dried fish industry, locally known as Shutki, is gaining renewed attention as a potent earner of foreign currency, with exports showing signs of strong growth that

BB holds policy rate at 10pc, prioritises inflation control

Staff Correspondent: Bangladesh Bank has decided to keep the policy rate unchanged at 10 per cent for the first half of the 2025-26 fiscal year, prioritising inflation control over immediate

Bangladesh gets green signal on US tariff cut

TDS Desk: Bangladesh has concluded the first day of third round of negotiations regarding tariffs with the United States of America. During the negotiations, US officials, for the first time,

BB likely to ease monetary policy amid interest rate shift

TDS Desk: Bangladesh Bank is expected to revise its long-standing contractionary monetary policy, with an eye towards easing interest rates. This crucial shift comes in response to lower-than-desired credit growth

Export data gap balloons to $4b despite 2024 reset

TDS Desk: The gap in export data maintained by the Export Promotion Bureau (EPB) and the Bangladesh Bank (BB) has persisted even though both agencies teamed up last year and

HSBC to wind down retail banking in Bangladesh

TDS Desk: HSBC has announced a decision to wind down its retail banking business in Bangladesh in a phased manner starting in the second half of this year. The decision