Economy

New law to allow ex-owners reclaim 5 crisis-hit banks

The government has passed the Bank Resolution Act that creates a scope for previous owners of five crisis-hit banks, including the controversial S Alam Group, to get back their ownership ReadMore

Gold price again increased by Tk 3,266 per bhori in Bangladesh market

The Bangladesh Jewellers Association has once again increased gold prices in the local market, raising the rate by Tk 3,266 per bhori on Wednesday, the first day of April. According to

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Gold prices again increased in Bangladesh market

Gold prices in Bangladesh rose sharply on Tuesday with the price of 22-carat gold increasing by Tk 3,266 per bhori, according to the Bangladesh Jewellers Association In a statement issued in

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RMG may face headwinds in next quarters: BB

The export performance of the country’s readymade garment sector might face growing headwinds in the coming quarters, said a report published by the Bangladesh Bank on Sunday. Moreover, RMG exports

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BB injects Tk 68,245cr into 12 weak banks

Bangladesh Bank has so far injected about Tk 68,245 crore into 12 crisis-hit banks under a special liquidity arrangement, effectively creating new money to keep the lenders afloat. Central bank

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