News

Banks and NBFIs can now disburse 80% of their overall loans to the manufacturing and service sub-sectors

Industries Minister Nurul Majid Mahmud Humayun on Monday said the ministry is working to produce Bangladesh’s own brand motor vehicles.”Pragoti Industries Limited, a state-owned company, will manufacture the automobiles with technical assistance from Mitsubishi Corporation of Japan.

Bangladesh’s capital market has hit a purple patch after a prolonged bearish spell as the country’s premier bourse capped a tenth successive week of gains amid renewed optimism and confidence from investors.

The Asian Development Bank (ADB) has said Bangladesh’s growth-induced poverty reduction would not be sustained unless it ramps up investment and diversify the economy.

After completion of a web trust audit by CA Browser Forum on August 26, the CPA gave the root CA certificate to the CCA office, Bangladesh recognizing its quality in issuing the three services, said a press release on Sunday

The bilateral trade between Bangladesh and Bhutan is not significant but the treaty will help to increase regional trade and connectivity

The economy world-wide is passing through difficult times and the economic horizon is overcast with uncertainties adversely affecting investor sentiments and consumer confidence.

Bangladesh Bank will investigate financial transactions and other activities of e-commerce platform Evaly.

Thousands of crore of taka were looted from these banks in the name of loans over the last several years

Based on forged documents, Sonali’s Ruposhi Bangla Hotel branch lent the Hallmark Group and five other associate companies Tk3,547 crore between 2010 and 2012