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BB gives temporary administrators sweeping powers over troubled banks

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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CMSMEs’ contribution to economy must be raised to 60pc: Industries Minister

Industries Minister Khandakar Abdul Muktadir today said the government is working to raise the contribution of micro, cottage, small and medium enterprises (CMSMEs) to Bangladesh’s economy to more than 60 percent. “Expansion of these industries will increase people’s participation in the economy, create employment opportunities and reduce income inequality,” he …

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Parliamentary body urges transparency in industries budget execution

The Parliamentary Standing Committee on the Ministry of Industries has stressed ensuring transparency, accountability, and efficiency in budget execution to enhance the country’s industrial competitiveness. The committee made the call during its first meeting of the 13th Parliament at the Jatiya Sangsad Bhaban today (6 August), with Committee Chairman Md …

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CMSME loans shrink 5.15% in Q1 amid weak business demand

Outstanding loans to the country’s cottage, micro, small and medium enterprise (CMSME) sector fell by 5.15% in the first quarter of 2026 as weak business demand, a liquidity crunch and broader economic uncertainty slowed credit growth. According to Bangladesh Bank’s latest Quarterly Report, outstanding CMSME loans declined to Tk2.98 lakh …

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ILO country director praises workers’ welfare, labour management in Dhaka EPZ

DHAKA, July 16, 2026 (BSS) – International Labour Organization (ILO) Country Director for Bangladesh Max Tunon has praised the workers’ welfare facilities and labour management practices at the Dhaka Export Processing Zone (Dhaka EPZ). He also expressed optimism that the long-standing partnership between the International Labour Organization (ILO) and the …

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Bangladesh, Indonesia eye cooperation in halal food sector

Bangladesh and Indonesia have agreed to strengthen cooperation in the halal food sector as part of broader efforts to expand collaboration in the halal ecosystem and agriculture. The understanding came during a meeting between Bangladesh Ambassador to Indonesia Md Abul Hasan Mridha and Putu Rahwidhiyasa, Director of Sharia Business and …

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