Economists for publishing names of top loan defaulters

Noted economists recommended focusing on macroeconomic stability, publishing the names of top loan defaulters, and forming a review commission on government expenditures.
12 March 2024, 00:51 AM

Beximco to raise Tk 1,500cr in bonds for loan repayment, township

Beximco Ltd has decided to issue bonds to raise Tk 1,500 crore to repay bank loans and invest in Sreepur Township Ltd in what could be the largest corporate zero-coupon bond issuance in Bangladesh.
12 March 2024, 00:51 AM

Setbacks linger for businesses even after they’re set up

In spite of making progress in various sectors, Bangladesh still faces challenges in attracting foreign direct investment (FDI) due to problems faced once businesses are formed, according to Asian Development Bank Country Director Edimon Ginting.
12 March 2024, 00:02 AM

Stocks fall day after ‘operational error’

Stock market indices continued to fall for a third consecutive trading day yesterday due to increased sales by investors panicking for an “operational error” at Dhaka Stock Exchange (DSE) the day before.
11 March 2024, 18:20 PM

Bhutan plans to set up economic zone in Kurigram

Bhutan plans to set up a special economic zone in Kurigram district in the northern region of Bangladesh.
11 March 2024, 18:00 PM

Private Sector External Debt: Repayments outstrip new loans in 2023

The private sector's short-term foreign debt repayment surpassed new loans in 2023, in a complete reverse of the trend seen in previous years.
11 March 2024, 18:00 PM

The road ahead for business transformation leaders

As businesses in Bangladesh grow, they are also participating in various programmes to transform their businesses for the future. Half of the CEOs in Bangladesh who were surveyed for PwC’s 26th Annual Global CEO Survey 2023 responded that their business will lose economic viability in less than 10 years if they stay in the current course.
11 March 2024, 17:51 PM

GP, Robi, Teletalk receive unified licences

The annual fee for the licence was Tk 10 crore with a 15-year validity
11 March 2024, 16:00 PM

Grameenphone receives unified licence

It will work as a single licence for 2G, 3G, 4G and the upcoming 5G technologies
11 March 2024, 14:10 PM

Banks to face half-an-hour downtime for four days from today

Banks should use alternative channels for card-based interbank transactions from 10:30pm to 11pm
11 March 2024, 12:52 PM

Economic stability must be the focus of budget: economists to finance minister 

The upcoming national budget for fiscal year 2024-25 should focus on macroeconomic stability, reducing default loans and expenditure in mega projects, according to economists
11 March 2024, 07:22 AM

Beximco to raise Tk 1,500 crore thru zero-coupon bonds

Beximco Ltd is set to raise Tk 1,500 crore through the issuance of a zero-coupon bond
11 March 2024, 07:17 AM

Economists recommended focusing on macroeconomic stability

Noted economists recommended focusing on macroeconomic stability, reduction of default loans, and reducing expenditures on mega-projects in the national budget for fiscal year 2024-25.
11 March 2024, 04:48 AM

Seven hurdles that are holding back timely completion of foreign-funded projects

The Planning Commission has identified seven hurdles standing in the way of the smooth implementation of foreign-funded projects, a move that may go on to help the government avoid unnecessary delays and save money.
11 March 2024, 00:22 AM

Timely wage payment first priority

Ensuring the timely payment of salaries and bonuses of the over four million garment workers is the first priority of SM Mannan (Kochi), whose panel swept elections to the executive committee of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
11 March 2024, 00:22 AM

BTRC to award 'unified' licences to telcos

The telecom regulator is awarding cellular mobile service operator licences to mobile network operators, unifying the existing licences and setting the groundwork for the launch of 5G technology in the country.
11 March 2024, 00:22 AM

BB introduces counter-trade to ease forex pressure

The Bangladesh Bank has unveiled the counter-trade policy, an arrangement that promotes direct exchanges of goods and services without cash, with a view to reducing pressure on dwindling foreign currency reserves.
11 March 2024, 00:19 AM

Deposits in Islamic banks rise but liquidity challenge persists

Deposits in the Islamic banking sector of Bangladesh rose 8.16 percent last year but the liquidity challenge that it has been facing for months remained persistent.
11 March 2024, 00:19 AM

Dhaka bourse goes dark after error in adjusting single firm’s rights shares

All indices of the Dhaka Stock Exchange (DSE) showed unusual figures yesterday due to an “operational error” that adversely impacted investor confidence, causing turnover to plummet amid huge sales pressure.
11 March 2024, 00:19 AM

Set curriculum to prepare graduates for digital banking revolution

The curriculum for banking education should be formulated not only to facilitate human resources but also to propel the banking sector forward, thereby enabling the advancement of the country's economy, experts said on Saturday.
10 March 2024, 18:30 PM