News

Capital shortfalls in 10 banks swelled by 50.36 per cent or Tk 9,695.89 crore in the October-December period of the year 2020 as a number of state-owned banks had to keep higher provision against their defaulted loans.

The DIFE made the recommendation in a letter sent to the labour and employment secretary

In February, expatriate Bangladeshis sent home $1.78 billion, down 9.2 percent from the previous month

Eminent economist Dr Debapriya Bhattacharya on Sunday said Bangladesh would lose a wide variety of preferences and privileges after graduation from least developed country (LDC) status.

The government has set an ambitious target of earning $150 billion through remittance between July 2020 and June 2025, according to a document on the 8th Five-Year Plan.

The two MFS providers are spreading propaganda against each other by violating the publicity policy of the information ministry

Private sector credit growth dropped marginally in January after a slight recovery in the previous month as businesses still observed caution about making fresh investments.

The central bank also instructed the NBFIs to increase their monitoring to see whether loans from one sector are being used in another

Stocks today closed the first session of the week with downward trend due to price fall mainly in large-cap securities.

A move is underway to slash the existing 24 per cent interest rate or service charge, as imposed by the micro-finance institutions (MFIs), to give poor borrowers some relief.