Proposal on postal bank awaits PM’s nod The Posts and Telecommunications Division has sought approval from the prime minister to open a postal bank in order to take basic banking services to the remote areas of the country. If the government goes ahead with the proposal already sent to the

BB extends both policy coverage, tenure Considering the Covid-19 pandemic, the central bank has allowed more time for the exporters to realise their export proceeds. The tenure has been extended up to seven months instead of existing six months, and the coverage of the relaxed policy widened to all export

Inflation rate maintains declining trend for fifth consecutive month The inflation rate eased further as it fell to 8.57 per cent in January down from 8.71 per cent last December, according to the monthly consumer price (CPI) index of the Bangladesh Bureau of Statistics (BBS). State Minister for Planning Dr

Bangladesh exports 0.25m tonnes of Maize this year Traders exported 0.25 million tonnes of maize so far this year, agriculture secretary Md Nasiruzzaman disclosed on Tuesday, thanks to a notable rise in domestic production. Production of maize in the country surpassed 3.8 million tonnes this year as many potato farmers

More low-cost loans for women borrowers Female borrowers would get at least 25 per cent of the stimulus fund dedicated to the farmers, underprivileged women, professionals, and micro-enterprises, said the central bank yesterday. The Tk 3,000-crore fund was rolled out in April last year as part of the Bangladesh Bank’s