Positive real returns draw savings into banks
Savers have been earning positive real returns since June 2025 as deposit rates on the financial market have remained above the pace of inflation, according to the latest central bank data. The widening gap has encouraged households to channel more funds into the formal banking system.After a near-break-even situation in...
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Cautious, evidence-based approach needed
Citizen's Platform for SDGs, Bangladesh on Thursday called for strict fiscal discipline for the rest of the current fiscal year, alongside a cautious, evidence-based approach to preparing a realistic and implementable budget for FY27.It advised deferring the rollout of the BNP's election- manifesto promise of family cards until the next...
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City buzzes with iftar buying
The traditional iftar market at Chawkbazar in Old Dhaka came alive on Thursday, the first day of Ramadan, with crowds filling the main road near Shahi Mosque from noon.By 3:00pm, vendors were calling out to attract customers, offering items such as "Boro Baper Polay Khay" kebab, lacchi, faluda, doi bora,...
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Bangladesh Bank buys dollars amid remittance surge
The central bank has intensified its intervention in the foreign-exchange market, increasing direct purchases of US dollars from commercial banks to stabilise the Taka amid a surge in remittance inflows ahead of Eid-ul-Fitr.Officials say the move is aimed at absorbing excess foreign-currency liquidity on the market, preventing undue volatility in...
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India to gradually restore all visa services
All categories of Indian visas will gradually return into normal processing, says an envoy, now that a new government is in office in Bangladesh. Aniruddha Das, Assistant High Commissioner at the Assistant High Commission of India in Sylhet, has made the statement about Indian government position."At present, medical and double-entry...
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Firm foreign policy to be pursued
State Minister for Foreign Affairs Shama Obaed has said the BNP-led government intends to move forward with a "strong backbone", signalling a more confident and inclusive diplomatic approach following its electoral mandate.Speaking at the foreign ministry on Thursday, she said Bangladesh would engage all countries while firmly safeguarding national interests...
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Govt to ensure spot monitoring
Health and Family Welfare Minister Sardar Md Sakhawat Husain on Thursday said on-site inspections will be conducted to ensure doctors are providing proper services to patients, reports UNB.He made the announcement at a meeting on the overall activities of the ministry at the conference room of the ministry at the...
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Protein-rich food to be provided to 1.0m families in Ramadan: Tuku
State Minister for Fisheries and Livestock, Agriculture and Food Sultan Salahuddin Tuku on Thursday said the government will supply protein-rich food items - milk, eggs, meat, and fish - at subsidised prices to low-income families during the holy month of Ramadan.He said the initiative reflects the government's commitment to public...
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AI cannot be left to 'whims of a few billionaires': UN chief
NEW DELHI, Feb 19, (AFP) - UN chief Antonio Guterres warned technology leaders Thursday of the risks of artificial intelligence, saying its future cannot be left to "the whims of a few billionaires".Speaking at a global AI summit in India, the UN chief called on tech tycoons to support a...
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