FE Today Logo
Search date: 03-07-2026 Return to current date: Click here

BB allows AD banks to help biz avert interest rate risk

The Bangladesh Bank (BB) has taken a significant step toward strengthening interest-rate-risk management in trade finance by allowing the use of Forward Rate Agreements (FRAs) for imports under suppliers' and buyers' credits.Under the latest initiative, authorised dealer (AD) banks are now allowed to offer FRAs to importers availing foreign-currency import...

Read more

Govt's bank borrowing overshoots revised higher target in FY'26

Government's bank-borrowing debt deepens as the borrowed aggregate sum ballooned over the revised higher target to Tk 1.32 trillion even before the just-past financial year's end.To meet budgetary shortfall, the government had initially set a bank-borrowing target of Tk 1.04 trillion for the fiscal year 2025-2026 but less-than-expected level of...

Read more

China won't oppose if India opts to join

China keeps option open for India to join the proposed China-Myanmar-Bangladesh Economic Corridor if it wants to, Chinese Ambassador in Dhaka Yao Wen indicates.China will not oppose such move. "We are open. We welcome other countries if they are ready. Definitely. But it is up to them to make that...

Read more

Islami Bank loses remittance crown to BKB

The latest chaos at Islami Bank Bangladesh PLC over the control of its operational board hit the Shariah-based bank hard, with it losing its supremacy in remittance netting to state-owned Bangladesh Krishi Bank (BKB).The weeks-long recent agitation by a group of people, who claimed to be customers of the country's...

Read more

Tail-end upturn keeps exports afloat

The country's merchandise export earnings in June 2026 bounced back, posting about 26 per cent growth year-on-year after almost a continuous decline until May of the last fiscal year.However, the June performance failed to take overall earnings into the positive territory which recorded a meager 0.58 per cent negative growth...

Read more

HSC exams begin amid 36pc dropout

The Higher Secondary Certificate (HSC) and equivalent examinations began across the country on Thursday, with around 36 per cent of regular students skipping the same.Notable rise in absentee students from last year has aroused fresh concerns.A total of 1.27 million regular and irregular candidates are appearing in this year's HSC...

Read more

BERC cuts LPG, autogas prices for July

Bangladesh Energy Regulatory Commission (BERC) has significantly reduced the prices of liquefied petroleum gas (LPG) and autogas for consumers for the month of July.According to the new decision, the price of privately supplied 12kg LPG cylinders has been cut by Tk 357, or 18.93 per cent to Tk 1,528 from...

Read more

FIFA WC 2026 Schedule_2026-07-03

Read more

Prayer Timings_2026-07-03

Read more