- War against extortion will continue: Jamaat Ameer
- Jamal wants more footballers like Hamza to play for Bangladesh
- Israeli airport suspends flights following Yemen's attack
- Recommendation made to cut addl duty on drugs: Adviser
- Tigress start U19 T20 World Cup defeating Nepal
- Civic volunteer convicted in RG Kar rape-murder case
- Don’t elect thieves: M Shakhawat
- Review hearing to restore caretaker government tomorrow
- Foreigners in Bangladesh increase spending on credit cards
- DMP files 3,251 traffic violation cases in Dhaka
- Two judges murdered outside Iran's Supreme Court: media
- ‘Palestinians, resistance thwarted Israel’s big plots in Gaza’
- EU ready to support Bangladesh during its political transition: Envoy
- British sci-fi classic ‘Doctor Who’ gears up for bold new adventures
- Bangladesh bowl out Nepal for 52 runs
- Night temperature may drop in parts of country
- Ready to govern Gaza: Palestine’s President
- "Current govt at risk by continuing budget of ousted Awami League"
- OpenAI, Retro Biosciences working to extend ‘human lifespan’
- Srijit Mukherji from aspiring sports journalist to filmmaker
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...
Initiatives aimed at reviving glory of ‘golden fiber’
The Interim Government of Bangladesh has taken significant steps to revive the nations once-thriving jute industry, often dubbed the golden fiber. As part of this initiative, Bangladesh Bank has introduced special provisions to facilitate the repayment of outstanding loans in the jute sector....
ADB to provide $ 600m policy based loan
The government has signed an agreement with Asian Development Bank (ADB) for Policy based Loan (PBL). Under the agreement ADB would provide JPY ninety-one billion seven hundred sixty-four million (equivalent to $600 million) to Bangladesh for Strengthening Economic Management and Governance...
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...
Bangladesh Bank sticks out machinery import loans
Bangladesh Bank has extended the loan tenure for foreign exchange loans under buyers and suppliers credit for importing capital machinery. Industrial entrepreneurs can now secure loans for up to three years, up from the previous one-year limit, reports UNB. In addition, the central bank has...
Thousands lured to Dhaka with promises of loans, police arrest ringleaders
In a strange turn of events on the night of Sunday, November 24, thousands of people from across the country began converging on Dhaka, drawn by promises of loans ranging from one to five lakh taka. The gathering, which took place at Dhaka Universitys TSC and Shahbagh areas, was organized under the...
IMF Loans: A Double-Edged Sword for Bangladesh
The recent International Monetary Fund (IMF) loan extended to Bangladesh has sparked significant debate about its long-term implications for the countrys economy. While marketed as a lifeline to address balance-of-payments challenges and economic vulnerabilities, the harsh reality is that such...
Country's default loans stand at Tk 2,85,000 crores
Non-performing loans (NPLs) in Bangladeshs banking sector stood at Tk 2 lakh 84 thousand 977 crores at the end of September this year, which is 16.93 percent of the total disbursed loans. Indeed, this is the highest ratio of disbursed loans to bad loans in the last 16 years. An updated report of...
Businesses scuffle amid rising interest rates
The business sector in Bangladesh is grappling with a crisis due to successive increases in loan interest rates. Rising costs have stalled investments, creating widespread challenges. Business leaders point out that while consumer loan rates are typically raised globally to curb inflation, in...
Govt's bank loans reach Tk 59516 crore in first quarter of fiscal year
To cover the budget deficit, the government borrowed Tk 59,516 crore from the banking system in the first four months of FY 2024-25, with a significant portion directed to repaying debt to Bangladesh Bank. A confidential report from Bangladesh Bank reveals that the Ministry of Finance raised Tk...
Court bans transfer of property of ex-minister Nurul Islam
The Chittagong Money Loan Court on Monday issued a ban on the transfer of property belongings to former Expatriate Welfare and Foreign Employment Minister Nurul Islam Bsc and his wife Sanwara Begum, reports the Business Standard. Joint District Judge of the Chittagong Money Loan Court Mujahidur...