- Bangladesh also walks out during Israeli speech at Global Ministerial Conference
- Early wicket loss against India an accident: Razzak
- Attempts being made to hijack revolution to come to power: Amir Khasru
- Zelensky 'not ready' to sign minerals deal with US: source
- BNP’s goal is to establish government of the people: Mintoo
- Hamas hands over 6 hostages to Red Cross
- England makes highest team total as Duckett hits 151 in Champions Trophy
- EC suspends six employees over NID fraud
- CEC wants to hold elections like the Eid festival
- None can survive by means of corruption: Shafiqur Rahman
- AP sues three Trump administration officials
- Environmental protection will shape our future: Rizwana
- Israeli forces kill two Palestinian teenagers
- Disney’s 'Snow White' live-action remake drops motion poster
- Vietnam govt approves $8.36B railway project to China
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- No load shedding during Ramadan, summer, says energy advisor
- Robbery and molestation in bus: 3 arrested in Tangail
- Fakhrul urges democratic forces to build livable Bangladesh
- 'History will not forgive' failure to seal pandemic deal: WHO
Defaulted loans threaten financial sector
The Finance Division believes that the countrys financial sector is at significant risk due to defaulted loans. According to sources the default rate stood at 6.12% in December 2011, and it surged to 16.93% by December 2024. Additionally, mismanagement and corruption in the sector under the...
Defaulters should be kept alive rather destroyed
The government must toil in consultation with stakeholders. The Finance Adviser is visiting leading industries, engaging with them and attempting their recovery. However, this must be done within the framework of minimum rules and regulations. I have spoken to all major loan defaulters, and 50%...
Recession in Business, entrepreneurs seek six-month grace period
As the government walks in line with the International Monetary Funds (IMF) conditions, the amount of non-performing loans (NPLs) increases, turning businessmen into defaulter in comparatively shorter period. Businessmen are not taking this positively and they believe that at least six-month...
Defaulted loans could exceed Tk 6 lakh crore
Bangladesh Bank spokesperson Husne Ara Shikha said information on defaulted loans was hidden in previous governments regime, now efforts are being made to reveal it. It is said that the defaulted loans are worth 4 lakh crore taka or more. But she believes that if the total information comes to...
It was possible to make 24 Padma Bridges with NPAs: White Paper
The committee for White Paper on State of the Bangladesh Economy submitted its findings to the chief adviser Professor Muhammad Yunus on Sunday. The White Paper reveals the dark side of ousted prime minister Sheikh Hasina regime. According to the data of the White Paper, at least 1.75 lakh crore...