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BB sells $11.5m from reserves in first open auction

Bangladesh Bank sold $11.5 million from its foreign exchange reserves to six commercial banks through an open auction on Tuesday, marking the central bank’s...

BKMEA seeks high-level committee to garment sector

The Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) has proposed forming a high-level committee comprising representatives of relevant government ministries and business organisations to...

Beximco pharma plans new board without salman F Rahman

Beximco Pharmaceuticals is moving to reconstitute its board of directors without businessman Salman F Rahman, who has agreed to step down as the company’s...

Tough action to clean up insurance sector

Finance Minister Amir Khosru Mahmud Chowdhury has announced strict measures to curb widespread irregularities, mismanagement, disorder and corruption in Bangladesh’s insurance sector, stressing that...

BB introduces KPI framework to assess bank MDs, CEOs

Bangladesh Bank has introduced a uniform Key Performance Indicator (KPI) framework to evaluate the performance and responsibilities of managing directors (MDs) and chief executive...

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