- 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
- Pakistan launches first home-made observation satellite
- Govt reaffirms zero tolerance on shrine attacks, urges complaints
- BNP demands withdrawal of vat on over 100 products
- Met office assumes dry weather nationwide
- Marma girl's accident injury being propagated as communal murder
- Tarique seeks prayers for mother
Businessmen backed against the wall
Resentment among businessmen is mounting as they feel increasingly cornered by the challenges facing the economy. With no clear guidance to revive trade and business, many have turned to Bangladesh Bank Governor Ahsan H. Mansur, presenting a nine-point set of demands aimed at easing their burden....
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...
Amount of defaulted loans may exceed 6 lakh crores
Husne Ara Shikha, executive director and spokesperson of Bangladesh Bank, said that earlier the information on defaulted loans was hidden, but now efforts are being made to reveal all the hidden information. According to the information, the defaulted loans are of Tk 4 lakh crores or more. If...
State-subsidized loans at 3% interest for Nepalese startups launching in March 2025
Nepalese startups will soon benefit from subsidized loans, with disbursement beginning in March 2025 under the Startup Enterprise Credit Operation Work Procedure. Eligible startups can borrow up to $18,800 (equivalent to Rs2.5 million) at an annual interest rate of 3%, aiming to boost innovation...
10 Banks in Crisis, culprits remain out of reach
The banking sector in Bangladesh is grappling with severe turmoil, plagued by a series of irregularities, including loan scams, defaults, and currency laundering. Among the institutions most affected, 10 banks are in particularly fragile conditions, with the culprits behind these financial crimes...
Bad loans in banking sector hits Tk6.75 lakh crore: White Paper
The amount of bad loans in the banking sector has been increasing rapidly in recent years, as reflected in data from Bangladesh Bank (BB), according to the recently released White Paper, reports UNB. In June 2021, BB data showed the defaulted loan rate was 7.9 percent. By the end of June this...
US helps Poland’s defense with $4 billion loan
The United States has announced an additional $4 billion Foreign Military Financing (FMF) loan guarantee to Poland, bringing the total U.S. support for Polands defense to more than $11 billion over the past two years; the state department of the USA stated this on Thursday (Washington time)....
Entrepreneurs concerned as NPLs likely to increase
The revised loan classification regulations have deepened concerns among entrepreneurs. Over the past six months, the private sector has seen no new investments, while instability continues to grip the financial sector. In this context, the International Monetary Funds (IMF) latest directives have...
Traders face escalated risk of default once again
Industrial production has sharply declined, and export income has been severely disrupted, bringing business and trade to a near standstill. Multiple pressures, including political instability, have contributed to this economic downturn. Among these challenges, a key factor is the reduction in the...
G7 finalize $50bn Ukraine loan backed by Russian assets
G7 leaders have finalized details surrounding a US $50 billion loan to aid Kyiv, backed by profits from Russian sovereign assets frozen after its invasion of Ukraine, according to a statement released Friday, reports BSS. Leaders of the Group of Seven United States, United Kingdom, Canada,...