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The country’s banking sector is now moderately competitive and stable. But, there are some potential risks for the sector, including further increase in the volume of non-performing loans (NPLs), insolvency, growing urban and rural discrepancy, and high cost of fund, a study opined.

Prime Minister Sheikh Hasina on Sunday said the government has taken steps to bring down the interest rate of bank loan to a single digit in all banks, noting that higher interest rate naturally creates loan defaulters.

The country should focus on increasing investment to establish a knowledge- and technology-based society, so that it can cope with the upcoming challenges, said Kazi M Aminul Islam, outgoing executive chairman (EC) of the Bangladesh Investment Development Authority (BIDA).

Finance Minister AHM Mustafa Kamal on Monday said Bangladesh remains in top position in attaining GDP growth compared to other countries in the world over the last 10 years since 2009 under the current price method.

Raising concern over unpredictable policymaking, foreign investors on Sunday said any change in the policy should be based on comprehensive research.

The government is set to reduce borrowing from the country’s banking system for September, compared to the current month, to meet the budget deficit partly.

Bangladesh and India have agreed to establish an expert group on trade remedy measures to hold consultations on

Dhaka stocks dropped for the fourth day on Monday as investors grappling with

Some Chinese business sectors reported solid first half earnings, though a substantial fall in industrial

China aims to slash its growing dependence on gas imports by boosting domestic projects like shale fields as