Govt hints loss-making state banks may be privatised
The continuous losses of state-run banks prompted the government to consider privatising them all, expect one, said officials
19 March 2017, 18:00 PM
Policy to make best use of aid money on way
The Economic Relations Division has finalised a foreign assistance policy that will make the government,
13 March 2017, 18:00 PM
Private banks book hefty net profits
Private commercial banks saw 17.2 percent growth in net profit last year -- a development that will bring cheer for
13 March 2017, 18:00 PM
3 state banks to raise Tk 4,100cr in bonds
Three state banks are going to issue different types of bonds worth Tk 4,100 crore to meet a huge shortfall of capital.
9 March 2017, 18:00 PM
Tk 44cr shares, lot of questions
Mercantile Bank Chairman Shahidul Ahsan has drawn benefits from nearly Tk 44-crore shares held by two sponsor directors in the NRB Commercial (NRBC) Bank, violating the Banking Company Law, according to Bangladesh Bank findings.
7 March 2017, 18:00 PM
State banks' rescheduled loans turn bad again
State banks' large loans that were rescheduled nearly two years ago to support the borrowers have turned bad again.
4 March 2017, 18:00 PM
$600m to be invested for 258MW solar power
Four joint venture companies are going to invest more than $600 million in different parts of the country to generate 258 megawatts of electricity from solar energy.
1 March 2017, 18:00 PM
Govt funds raised in revised ADP
The government has increased the amount of its own funds to be spent on the annual development programme by about 10 percent
28 February 2017, 18:00 PM
Banks' capital swells
Overall capital of banks rose 7.81 percent in the last quarter of 2016, but 11 banks failed to maintain the capital in line with the new
28 February 2017, 18:00 PM
Slow exports, remittance new challenges for Bangladesh
Slowdown in exports and weak remittance growth are the new challenges for Bangladesh's economy, said Mitsuhiro Furusawa, deputy
27 February 2017, 18:00 PM
New budget to be of Tk 420,000cr
The size of the budget for the next fiscal year will be Tk 420,000 crore, up 23 percent from the current annual outlay.
26 February 2017, 18:00 PM
Govt to cut foreign fund spend 17.5pc
The government plans to reduce foreign fund spending by 17.5 percent in the revised ADP for 2016-17 although the unused money in
26 February 2017, 18:00 PM
Pre-budget discussions begin today
Finance Minister AMA Muhith will begin pre-budget consultations today as part of his preparation to formulate the
25 February 2017, 18:00 PM
Slump in interest rate on deposits worries BB
The interest rate on banks' deposit fell drastically, much to the central bank's concern.
21 February 2017, 18:00 PM
Govt's borrowing falls on slow ADP spending
The government's net domestic borrowing in the first five months of the fiscal year was only 23.8 percent of the
20 February 2017, 18:00 PM
Current account deficit widening
Current account deficit widened further in the first six months of the fiscal year on the back of the sliding remittance
18 February 2017, 18:00 PM
$10b fund for big projects
The cabinet yesterday gave the go-ahead for the setting up of a fund with money from the foreign currency reserves, which would be used for government investment in long-term projects.
6 February 2017, 18:00 PM
Muhith revives plan for fuel price cuts
The finance ministry has revived a plan to cut prices of petroleum products, especially heavily used diesel and
4 February 2017, 18:00 PM
Sovereign wealth fund to take off with reserves
The much talked-about sovereign wealth fund is likely to be formed with Bangladesh Bank's foreign currency reserves and finances from multilateral donor agencies following recommendations from a high-powered committee.
1 February 2017, 18:00 PM
Monetary policy to remain more of the same
Bangladesh Bank is likely to continue with the same monetary policy in the second half of the fiscal year due to emergence of some
28 January 2017, 18:00 PM