The Executive Committee of the National Economic Council (ECNEC) Tuesday approved a Taka 16,918.59 crore South Asia Subregional Economic Cooperation (SASEC) Dhaka-Sylhet Corridor Road Development project in a bid to ensure overall economic development by improving regional road connectivity.
Read More »Business confidence ticking up: Sanem
Business confidence in Bangladesh improved in the last quarter of 2020 as the economy strived to recover from the devastating impact of the coronavirus pandemic, according to a study. The Business Confidence Index (BCI) of the South Asian Network on Economic Modeling (Sanem) went up to 55.24 per cent in …
Read More »BB orders Uttara Finance to correct financial report
The NBFI has one month to make the amendments The Bangladesh Bank has instructed Uttara Finance and Investments, a non-bank financial institution where it found huge irregularities, to amend its financial report for 2019 within the next month.
Read More »TCB increases price of soya bean oil by Tk 10 a litre
The Trading Corporation of Bangladesh has increased the price of soya bean oil by Tk 10 a litre against the backdrop of a price hike of the commodity in both the international and the local markets.
Read More »BSEC turns down DSE’s nominee for MD
M Asheq Rahman’s academic qualification, professional experience and competency do not meet the fit and proper criteria of the Dhaka Stock Exchange (Board and administration) Regulation, 2013
Read More »Govt procures 13,230.42 tonnes Aman rice in Rajshahi division
The government has, so far, purchased around 13,230.42 tonnes of Aman rice during the current procurement drive contributing a lot towards ensuring food security amidst the pandemic situation.
Read More »Evaly barred from conditional offers
The Bangladesh Competition Commission (BCC) has barred e-commerce platform Evaly from offering conditional sales of products.
Read More »Payra Port continues to witness delays, cost spiral
The cost of two projects related to the much-hyped Payra Sea Port continues to shoot up and their completion is facing delays although the port belongs to the government’s list of fast-track projects.
Read More »Credit card-based transactions rise by 23pc in July-Dec
The amount of credit card-based transactions increased by 23.43 per cent or Tk 1,594.7 crore year-on-year in July-December of 2020 as a section of people used the financial product as a last resort for purchasing essential goods due to income erosion amid the COVID-19 outbreak.
Read More »Bangladeshi borrowers of National Bank of Pakistan don’t want to return money
Bank’s default loans account for about 98% of its total loans
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