Representational image. | New Age photo The foreign exchange reserves in Bangladesh, according to the International Monetary Fund guidelines, increased to nearly $22 billion on June 27 from $18.64 billion in May. Bangladesh Bank officials said that the country received $1.15 billion from the IMF and $900 million from other sources, including Korea, IBRD and
Dhaka University vice-chancellor ASM Maksud Kamal speaks at the inaugural ceremony of a workshop titled ‘Intellectual Property Fundamentals for Brand Designing’ at the Faculty of Fine Art of Dhaka University on Sunday. | New Age photo Speakers, including academicians and intellectual property specialists stressed on the intellectual property awareness and its benefits the inaugural ceremony
This file photo shows the headquarters of the Bangladesh Bank at Motijheel in the capital Dhaka. The Bangladesh Bank has aimed to bring down defaulted loans below 8 per cent of the country’s total outstanding loans by June 2026 and to eliminate shady loans in the banking sector. — New Age photo The Bangladesh Bank
The country’s banking sector throughout 2023 faced a series of serious crises, including a dollar shortage, depreciating local currency, loan irregularities and liquidity crisis. Economists and experts observed that due to the soaring level of bad loans, preferential treatment for loan defaulters, widespread irregularities and lack of good governance, the banking sector appeared to be