Businessmen backed against the wall
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
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
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
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...

Traders face escalated risk of default once again
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...