Little cheer for state banks in 2015
State-owned commercial banks saw their operating profits decline 4.69 percent year-on-year in 2015 owing to low credit growth and
4 January 2016, 18:00 PM
State-owned banks to slash lending rates
Seven state-owned banks jointly decided to lower their lending rates by 1.5 to 2 percentage points in a bid to compete with private
4 January 2016, 18:00 PM
First dev project for former enclaves
The Executive Committee of the National Economic Council (Ecnec) is likely to endorse a Tk 181 crore project today for infrastructural
4 January 2016, 18:00 PM
Banks' capital base strengthens
Banks' overall capital base went up 6.58 percent in the third quarter of 2015 from three months earlier as the asset quality of private
3 January 2016, 18:00 PM
Banks saw slim profits in 2015
Banks managed to log in profits for 2015 despite a tough start to the year by way of political turmoil for the first
2 January 2016, 18:00 PM
2015: A bumpy year for banks
Banks saw less profit in 2015 owing to low credit demand, cautious lending policy and the sluggish business environment.
28 December 2015, 18:00 PM
State banks mull rate cuts as credit growth slows
Four state-owned commercial banks opened talks to lower their lending rates by 1-2 percentage points in a bid to compete with
19 December 2015, 18:00 PM
Now alternative for teachers
Public university professors under an alternative system would get salaries of grades 1 and 2 of the new pay scale, subject to approval
18 December 2015, 18:00 PM
Govt set to alter bidding rules
The government is set to introduce a new method for international open tenders, making it mandatory for bidders to submit both
16 December 2015, 18:00 PM
Bangladesh’s national pay scale gets some changes
Public servants will be entitled to two automatic grade raises during their service as an alternative to the existing selection grade and time scale.
15 December 2015, 18:00 PM
Current account surplus erodes 40pc in October
The current account surplus eroded almost 40 percent in October from the previous month due to an increase in
12 December 2015, 18:00 PM
Govt eases rules to release stranded cars from ports
The government is set to release more than 2,000 vehicles stranded for long at seaports, mostly at Mongla, under relaxed conditions.
7 December 2015, 18:00 PM
India keen to invest in Payra seaport
India has offered to invest in the proposed Payra seaport on a government-to-government basis, in a move to further deepen ties
3 December 2015, 18:00 PM
New import policy drops plan to ban battery-run vehicles
The government has reversed its plan to ban the import of battery-run vehicles including easy-bikes and rickshaws, which will help the rural poor dependent on them for their livelihoods.
2 December 2015, 18:00 PM
Infrastructure to get focus in import policy
Infrastructure development will get focus in the import policy for 2015-18, which will be placed in today's meeting
1 December 2015, 18:00 PM
WB finds massive time lag in ADP projects
The World Bank has found that up to 22 percent of the development projects put in the portfolio over the last five years did not have any expenditure for a year or more.
30 November 2015, 18:00 PM
Subsidy spending on the decline
Subsidy spending by the government last fiscal year was 19.37 percent less than the allocation in the revised budget, according to finance ministry statistics.
30 November 2015, 18:00 PM
Young enthusiasts flock to banking fair
Many people in Bangladesh still hesitate to seek bank loans due to reasons like a lack of confidence and information,
26 November 2015, 18:00 PM
Ecnec to okay 3.4km two-lane project in Bangladesh today
Construction cost of a two-lane tunnel under the Karnaphuli river has been estimated at Tk 8,447 crore, 57 percent of which will come from the Chinese Exim Bank.
23 November 2015, 18:00 PM
BoP surplus widens
The overall surplus in the balance of payments increased by 67.45 percent year-on-year to $1.97 billion in the first quarter of the current fiscal year because of low credit demand and a slight boost in the flow of foreign investment.
22 November 2015, 18:00 PM