While the government is fervently trying out new ways to draw investment to boost economic growth, some state bodies continue to cling on to their customary negligent behaviours, effectively marring all progress.
Read More »Tk 12,140cr defaulted loans rescheduled, written-off
Banks swept under the rug Tk 12,140 crore in defaulted loans in the nine months to September last year by rescheduling and writing those off.
Read More »NBR to raise adjustment limit on VAT current accounts registers
The National Board of Revenue is set to raise the adjustment limit on payable valueadded tax on positive balances in current accounts maintained by businesses with it to expedite the clearing of additional balances.
Read More »2020 will go down as the year agent banking started shoving out loan sharks
Loan disbursement through the channel is propping up rural economy
Read More »US tells G7 that it is back at the table to help with global recovery
The G7 includes United States, Britain, Japan, France, Germany, Italy and Canada
Read More »Start-ups a hotbed for investment in Bangladesh
The seminar highlighted the growth prospects of Bangladesh economy in the form of a large youth base quickly adopting technology as well as the growing start-ups
Read More »Janata Bank mobilizes Taka 4,396-cr deposits in Rajshahi division
Janata Bank Limited (JBL) has mobilized deposits worth Taka 4,396 crore against the target of 4,070 crore in 2020 despite the adverse impact of Covid-19 pandemic situation in Rajshahi division.
Read More »BATBC declares 300pc final cash, 200pc stock dividend
The board of directors of British American Tobacco has recommended 300 per cent final cash dividend and 200 per cent stock dividend for the year ended on December 31, 2020.
Read More »Freelancers allowed to bring earnings through MFSs
The IT freelancers will now be able to bring home their small-value earnings through mobile financial services (MFSs).
Read More »Local clothing retailers, brands pin hopes on upcoming festivals
Local clothing retailers and brands expect their sales to revive in the upcoming Pahela Falgun, Valentine’s Day, Pahela Baishakh and Eid festivals thanks to the arrival of the Covid-19 vaccine, according to market insiders.
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