Cash Transactions Cost 28 Times More Than Digital Payments: BB Report
Cash transactions cost 28 times more than digital payments, according to a Bangladesh Bank report on payment system efficiency.
Breaking news, industry insights, policy updates, and market intelligence on Bangladesh's export economy — RMG, pharmaceuticals, leather, jute, agriculture, and emerging sectors. Curated for trade professionals, exporters, buyers, and policymakers.
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🤝 Trade & Commerce
Chattogram Customs House seized 467 consignments and filed 270 cases over suspected false declarations in Q1 FY27, recovering Tk 58.2 crore as enforcement jumped 83.6 percent year on year.
📊 Economy & Finance
Cash transactions cost 28 times more than digital payments, according to a Bangladesh Bank report on payment system efficiency.
⚖️ Policy & Regulation
Government steps up efforts to tap Bangladesh's blue economy potentials, focusing on marine resources and maritime economic activities.
📊 Economy & Finance
4 subsidiaries to continue operations even after closure of parent firms, providing continuity for stakeholders.
👕 RMG & Textile
Matin Spinning FY26 results diverge sharply from first 9 months, reflecting volatility in the textile sector.
📊 Economy & Finance
Higher energy costs drag LafargeHolcim profit down 21pc in Jan-Sept, reflecting the impact of elevated fuel prices.
📊 Economy & Finance
Mercantile Bank PLC has signed a memorandum of understanding (MoU) with Epic Health Care Ltd, a Chattogram-based healthcare and diagnostic service provider, to strengthen professional ties and extend healthcare benefits to the bank’s stakeholders.
📊 Economy & Finance
Midland Bank PLC has launched its Visa Signature credit card, offering customers an array of premium lifestyle, travel, dining and payment privileges.
📊 Economy & Finance
Prime Bank PLC has signed a memorandum of understanding (MoU) with Runner Motors PLC to introduce a specialised auto lease financing programme for cottage, micro, small and medium-sized enterprises (CMSMEs), aimed at improving access to commercial vehicles and supporting business growth.
📊 Economy & Finance
Bangladesh requests $2.0b ADB budget support to finance economic reforms and development priorities.
📊 Economy & Finance
Govt cancels contractual appointments of Sonali, Janata, Rupali bank MDs as part of banking sector reform measures.
📊 Economy & Finance
Global food inflation is expected to intensify as supply shocks pile up, affecting food security in developing countries.
🚢 Logistics & Shipping
Chattogram Port to install 8.42MW rooftop solar plant, eyes Tk100cr savings through renewable energy investment.