Surge in high-powered money weakens inflation combat
After a downturn, inflation-fueling high-powered money has surged again, largely negating the effect of a contractionary policy pursued by the regulator to stem price rises. The money being injected into the market through some channels is stoking fear of higher monetary regime ahead.Money-market experts have pinpointed several hikers, including the...
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WB lends Bangladesh $450m to bolster banking reforms
Bangladesh is receiving a World Bank loan worth US$450 million meant for strengthening the country's financial sector struggling for revival with better footprint in the economic activities, the global lender says.The Board of Executive Directors of the Washington-based lender approved the loan early Wednesday (Bangladesh time), said the World Bank...
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Reserves cross $36b with JICA loan dollop
Bangladesh's gross foreign-exchange reserves crossed US$36-billion mark Wednesday with an aid dollop of nearly $320 million from Japan International Cooperation Agency (JICA).The country's gross forex reserves rose to $36.10 billion on the day from $35.80 billion of the previous day with disbursement of the funds by JICA, officials said.JICA is...
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Beijing rolls out red carpet for Tarique
Prime Minister Tarique Rahman has received a warm welcome upon arriving in Beijing for a three-day state visit to China.After attending the World Economic Forum (WEF) Summer Davos meeting in Dalian, Tarique and his wife Zubaida Rahman travelled to Beijing by high-speed train on Wednesday, report UNB/ bdnews24.com.The Bangladeshi premier...
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3R strategy set out to tackle economic shocks
Finance Minister Amir Khosru Mahmud Chowdhury sets out a three-pronged economic-resilience strategy for protecting Bangladesh from global economic turbulence and the fallouts from continuing instability in the Middle East.While elaborating on the Three-R strategy in parliament on Wednesday, he also unveiled government plans for simultaneously broadening the domestic tax base...
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FIFA WC 2026 Schedule_2026-06-25
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Prayer Timings 2026-06-25
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