Business-Economy

DELAYED PAYMENT: BB asks banks not to charge late fees

TDS Desk: Bangladesh Bank (BB) has asked all scheduled banks not to charge late fees from clients over delayed repayment and depositing in saving schemes between July 18 and July

Trade deficit falls by $6b in July-May FY24

TDS Desk: Despite a decline in exports, Bangladesh’s trade deficit decreased by $6 billion to $20 billion in the first 11 months of FY24, thanks to a significant reduction in

Why must the prepaid electricity metre users suffer?

Prepaid electricity metres were introduced with the promise of better control over electricity usage and easier bill management. Unfortunately, this type of metres have been a thorn in the flesh

Total exports in FY24 is $10 bn less than reported figure: BB

TDS Desk: The Bangladesh Bank explained the recent revision in the export data in its monetary policy resolution for the first half of FY25 published in its website, breaking its

BB continues tight monetary policy stance for first half of FY25; keeps policy rates, crawling peg unchanged

TDS Desk: The Bangladesh Bank has continued its tight monetary policy stance for the first half of the Fiscal Year 2025, keeping all policy rates and crawling peg exchange rates

Govt rejects concerns of decline in export, GDP, per capita income

TDS Desk: The government on Tuesday ruled out the apprehension of decline in export income, GDP growth and per capita income due to export data reconciliation. In response to recent