Dhaka, Jan. 23 -- Bangladesh Bank moves to bolster its regulatory authority to waive, remit, or reduce penalties for banks' Cash Reserve Ratio (CRR) shortfalls in special circumstances as the central ... Read More
Dhaka, Jan. 20 -- The scam-stricken BASIC Bank PLC has intensified default-loan-recovery drive against its top 20 defaulters in a struggle for revival, but actual collection stands nowhere near regula... Read More
Dhaka, Jan. 13 -- Bangladesh and Nepal are set to step up efforts to deepen trade, transit, and connectivity cooperation, as senior officials meet today in Dhaka for the 8th Bangladesh-Nepal Commerce ... Read More
Dhaka, Jan. 10 -- Constrained by stated severe liquidity crunch in the country's industrial sector, eleven conglomerates seek some Tk 165.5 billion in interest-free loans from the government to sustai... Read More
Dhaka, Jan. 9 -- The central bank has initiated a move to fast-track the settlement of long-standing audit backlogs involving more than Tk 750.52 billion, sources said. Such long-standing fund impass... Read More
Dhaka, Jan. 7 -- The state-run BCIC has sought an uninterrupted supply of at least 197 million cubic feet of gas per day (MMCFD) to keep four urea fertiliser factories operational for 11 consecutive m... Read More
Dhaka, Dec. 18 -- The government has issued three state guarantees totalling Tk 5.80 billion in favour of Sonali Bank to facilitate the procurement of essential commodities by the Trading Corporation ... Read More
Dhaka, Dec. 14 -- A government move gets underway for revising the fee structure for state guarantees against both foreign and domestic loans to introduce a risk-based pricing mechanism to reduce fisc... Read More
Dhaka, Dec. 12 -- The government has decided not to include fisheries, hatcheries, livestock and poultry farms in its existing 20 per cent electricity bill rebate scheme, despite recognising their ris... Read More
Dhaka, Dec. 10 -- The financial stability of eight state-run sugar mills is under threat as the Bangladesh Sugar and Food Industries Corporation (BSFIC) struggles to secure adequate funds to pay sugar... Read More