Banking & Commodity

The prices of broiler chicken, beef, mutton and eggs continued to rise on the kitchen markets in the capital Dhaka ahead of Ramadan, fasting month of the Muslims that is likely to start in the last week of March. Retail traders blamed producers and suppliers for the increase in prices …

Governments confront difficult policy choices as they try to shield their people from record food prices and soaring energy costs driven higher by the war in Ukraine. Countries introduced a variety of policy measures in response to this unprecedented surge in prices of the most crucial commodities. Our survey of …

Prime Minister Sheikh Hasina today asked the business community leaders to find ways to bring commodity prices to a normal level. “Considering public sufferings, the business community leaders will have to find ways to bring prices of essentials to a normal level. Otherwise, you will lose your markets,” she said. …

The Centre for Policy Dialogue (CPD) today urged the government to reduce the duties and taxes, both at import and domestic levels, on essential commodities in order to provide some respite to consumers with low and limited income amid higher inflation. Although duties and taxes on sugar were reduced recently, …

Brac Bank organized a two-day interactive event on foreign exchange (FX) market and technical strategies, including a simulated FX bourse game in Cox’s Bazar on February 24-25. The event was attended by FX dealers of the treasury divisions from 32 banks in the industry, reads a press release. During the …

The representation of women in upper echelons or decision-making positions in the country’s commercial banks is very insignificant due to cultural barriers, family responsibilities, discrimination in the hiring process and harassment in workplaces. According to the information available on the banks’ web sites, there are a few women holding senior …

Although the number of mobile financial service (MFS) accounts has grown in Bangladesh, the ratio of accounts held by women is falling, which, analysts say, is not desirable as increased participation of female is necessary for digital financial inclusion and gender equality. Bangladesh Bank data showed that the number of …

Bangladesh Bank has been identifying non-performing loans as a major challenge to obtain its monetary policy objectives in its monetary policy statements. No Respite in NPL Growth But there is no respite in high growth of bad loans which undermined the key BB policy aiming at infusing dynamisms in the …

Prices of protein items are soaring past the purchasing capacity of the middle-class due to price hikes of the items in the local market ahead of Ramadan that will begin from the third week of the current month. Price Hike of Broiler Chicken The country’s burgeoning middle-class is forced to …

Leaders of the country’s two leading chambers on Wednesday proposed that the National Board of Revenue (NBR) allow gradual transition to a cashless economy, as non-cash payments are still not widely practiced. They said that companies were unable to enjoy reduced corporate tax rates in the present context due to …