US firm gets more time to complete satellite work
The cabinet committee on purchase yesterday agreed to a three-year extension in the tenure of the American consulting firm that is
9 September 2015, 18:00 PM
Separate pay scale for state bankers on way
Bangladesh Bank and state-owned financial institutions will get a pay scale different from other public servants after the cabinet on
9 September 2015, 18:00 PM
Govt to tighten procurement rules
The government is set to make procurement rules stricter under the limited tendering method or LTM so that bidders are compelled to
8 September 2015, 18:00 PM
Transit fees likely to be the same among four nations
Fees for transit cargo or passenger vehicles under the motor vehicle agreement among Bangladesh, Bhutan, India and Nepal (BBIN) are likely to be identical among the four countries.
7 September 2015, 18:00 PM
Special window for loan rescheduling to close after Sept
The central bank will not give consent to special loan rescheduling proposals past this month as some bad borrowers have been found misusing the facility.
3 September 2015, 18:00 PM
Bankers' hospital on the cards
Bangladesh Bank has taken an initiative to set up a modern hospital, Combined Bankers' Hospital (CBH), following the model of the Combined Military Hospital (CMH).
3 September 2015, 18:00 PM
Banks' capital base shrinks
Banks' capital base shrank in April-June compared to the previous quarter mainly due to deterioration in the financial health of state
1 September 2015, 18:00 PM
Four companies get $120m WB fund
Four private borrowers, mostly from the power sector, got loans of $120.72 million from seven banks and financial institutions under an investment promotion programme of the World Bank.
31 August 2015, 18:00 PM
Fitch forecasts stable GDP growth
Fitch, a leading global credit rating agency, forecast Bangladesh's gross domestic product would grow 6.5 percent in the current fiscal year against the government's target of 7 percent.
29 August 2015, 18:00 PM
China to bankroll sewage treatment plant
The government is set to build a sewage treatment plant in the capital's Khilgaon area at a cost of Tk 3,318 crore, two-thirds of which
24 August 2015, 18:00 PM
BB threatens to restrict BASIC Bank's activities
Bangladesh Bank yesterday warned it would curtail the functions of BASIC Bank as per laws if the problem-ridden lender did not
24 August 2015, 18:00 PM
WB to give $1.7b this year
The World Bank is expected to commit as much as $1.7 billion this fiscal year, which is almost the same as in the last five years.
22 August 2015, 18:00 PM
Private banks' credit rollout grows faster
Credit rollout by local private banks grew at a faster rate than foreign and state-run lenders last fiscal year due to their aggressive push for more profit.
20 August 2015, 18:00 PM
New rules may ban import of battery-run light vehicles
The new import policy has proposed banning various battery-run vehicles, including easy-bikes and rickshaws, to reduce wastage of electricity.
18 August 2015, 18:00 PM
Soured loans decline as political climate improves
The banking system's default loans dropped 3.91 percent to Tk 52,519 crore in the second quarter of the year, much to the relief of the central bank.
17 August 2015, 18:00 PM
Foreign aid hits new high
The amount of foreign aid available to the government to spend on development purposes reached a new height of $21.71 billion at the end of last fiscal year, boosted by higher commitments from development partners.
16 August 2015, 18:00 PM
Bangladesh Bank intelligence unit to get autonomy
The government is planning to give full autonomy to the central bank's financial intelligence unit so it can deal with financial crimes independently.
16 August 2015, 18:00 PM
State banks continue to rely on handouts
The government provided Tk 11,219 crore to four state banks over the last 12 years to meet their capital deficits but the lenders'
15 August 2015, 18:00 PM
NBR proposes transit fees for Indian goods
The National Board of Revenue has proposed Tk 580 as customs fee for transit or transhipment of each tonne of Indian goods through
13 August 2015, 18:00 PM
Sugar, hilsa put in export basket
The government plans to put sugar and hilsa fish on the list of exportable goods in the new export policy. But a prior approval of the
12 August 2015, 18:00 PM