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Bangladesh Bank has asked banks and non-bank financial institutions to raise their loan disbursement ratio for cottage, micro, small and medium enterprises (CMSMEs) to 25% of their outstanding loans by 2024. From next year, of all the loans provided to this sector, 50% must be distributed among cottage, micro and …

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) wants to amend the Bangladesh EPZ Labour Act to allow for trade unions and other worker rights, which is also favored by US and European Union (EU) officials. The garment industry’s governing organization believes that all sectors should have equal rights and …

Gold and silver prices rose in intraday trading on Friday on the back of an easing bank crisis and the interest rate hike by the European Central Bank (ECB). Gold prices reached as high as Rs 58,277 per 10 grams in intraday trade. The gold futures contract for April 2023 …

The Average daily transaction of mobile financial service (MFS) has crossed Tk3200 core and its volume shows a growing trend, said the latest report of Bangladesh Bank (BB). Analysing the data of 13 MFS in the country the BB report said that MFS gets popular in Bangladesh due to convenient …

Bangladesh is expecting to achieve a major breakthrough in the free-trade negotiation with the Eurasian Economic Union (EAEU) scheduled to be held in Dhaka late this month. Signing a free-trade agreement (FTA) will top the agenda of the second meeting of the Joint Working Group (JWG) of Bangladesh and the …