The central bank yesterday asked banks to raise their core capital ratio to 3.25 per cent in 2023 after they failed to put in place enough shareholders’ equity and reserves in line with international standards to absorb unexpected shocks.
Read More »Cash incentive on loans for women-owned SMEs
Bangladesh Bank yesterday declared a cash incentive on dedicated small and medium enterprise (SME) loan programmes for female entrepreneurs.
Read More »NBR issues fresh guidelines for prompt discharge of perishable goods
The latest guideline will allow authorities to speed up the custom duty process and make discharge from ports easier
Read More »PGCB to undertake Tk 7.75b project
Power Grid Company of Bangladesh (PGCB) is going to strengthen grid capacity by spending nearly Tk 7.75 billion in a bid to meet growing demand for power and ensure quality and reliable electricity to its subscribers.
Read More »Anwar Galvanizing to double production capacity
Anwar Galvanizing, a listed concern of the Anwar Group of Companies, has decided to double its production capacity within 2022 investing Tk 27 crore.
Read More »Janata Bank observes Nat’l Mourning Day
Janata Bank Limited has observed the 46th martyrdom anniversary and the National Mourning Day on Sunday.
Read More »Rise in earning per unit of mutual funds
Many listed mutual funds (MFs) saw rise in earnings per unit (EPU) for April-June, 2021 compared to same period of the previous year riding on their returns from the stock market.
Read More »Credit card use hits record high
Spending through credit cards hit an all-time high in June thanks to the acceleration of digital payments on e-commerce platforms amid the ongoing coronavirus pandemic.
Read More »Ease conditions for raw material import: BGMEA
Local garment manufacturers have demanded that the government ease conditions for importing yarn, cotton and fabrics as work orders were pouring in from international clothing retailers and brands.
Read More »Small traders diversify income to stay afloat
Shafiqul Islam Ratan has been running a sweet shop with his siblings near a residential area on Kalshi road in the capital’s Mirpur for the last six-seven years.
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