Power tariff adjustment alone will not reduce subsidy burdens

Bangladesh government has increased 16.7 per cent electricity tariffs at the customer level effective from June 2026 billing cycle. As a result, the retail consumers of electricity will require to pay Taka 1.52 more (weighted average price) per unit (kilowatt-hour (kWh) electricity use. As per the new power tariff rates...

Open banking: a new era for the banking industry in Bangladesh

Fintech is revolutionising technology everyday not only in Bangladesh, but also around the world. The embracing of technology drives the financial sector to rethink about the service framework with time and cost efficacy. Banking services are currently going through a paradigm shift from traditional structures to digital transformation. Inclusion of...