Bangladesh Bank (BB) set the Interchange Reimbursement Fee (IRF) at zero percent for Bangla QR transactions, aiming to reduce the cost of digital payments and accelerate the country’s transition towards a cashless economy. The central bank today issued the directive through its Payment Systems Department-2 (PSD-2), with the measure particularly …
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The government has formed a 27-member National Steering Committee on Creative Economy to formulate and implement sector-specific roadmaps and coordinate activities aimed at developing the country’s creative economy. The Cabinet Division issued a gazette notification in this regard yesterday. The Minister for Finance and Planning will serve as chairman of …
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Bangladesh Bank (BB) has introduced detailed rules for appointing temporary administrators to troubled banks and finance companies, giving them broad powers to protect critical operations, assess financial conditions and facilitate the resolution of failing institutions. The central bank issued the “Regulations for Temporary Administration under the Bank Resolution Act, 2026” …
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The Bangladesh Energy Regulatory Commission (BERC) has raised the prices of jet fuel for domestic and international airlines by over 21 percent, which is expected to have an impact on the cost of travel in the days to come. The price of each litre of Jet A-1 has been increased …
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Bangladesh Bank (BB) has allowed locally licensed tour operators to collect payments in Bangladeshi Taka from resident travelers for overseas tour packages, easing the payment process for outbound tourists. Under a new directive issued today, eligible tour operators can collect package charges in taka for overseas travel services, including accommodation, …
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The Chittagong Chamber of Commerce and Industry (CCCI) has taken an initiative to form 57 standing sub-committees. Through these sub-committees, the chamber wants to give importance to members opinions in identifying various problems, challenges and prospects of business, trade and investment in Chattogram and determining necessary measures. Interested chamber members …
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The 16th meeting of the Private Sector Development Policy Coordination Committee (PSDPCC) was held yesterday at the Prime Minister’s Office (PMO) with Principal Secretary to the Prime Minister ABM Abdus Sattar in the chair. The meeting held with the participation of senior government officials and private sector representatives emphasized the …
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Gold prices have jumped significantly in the local market with the Bangladesh Jewellers Association (BAJUS) raising the price of 22-carat gold by Tk4,374 per bhori within a day. According to a BAJUS notice issued on Saturday (8 August), the price of one bhori (11.664 grams) of 22-carat gold has been …
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Chinese exports and imports soared in July, official data showed Friday, as the manufacturing powerhouse benefits from a global AI boom lifting overseas demand for its tech products. The world’s second-largest economy last year achieved a historic trade surplus of nearly $1.2 trillion, helping its manufacturing sector through a prolonged …
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People will soon be able to borrow digitally from banks to pay utility bills and top up their mobile phones. The interest-free loans, ranging from Tk 50 to Tk 5,000, will have to be repaid within 30 days. There will be no interest on such loans. Banks will instead be …
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