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The Financial Express

/ Economy / Bangladesh

Nine banks suffer Tk 194.67b capital shortfall in 2017

Nine banks, six owned by government, suffered an aggregate capital shortfall worth over Tk 194.67 billion in the last calendar year mainly as their swelling classified loans took a toll. Sources in the banking circles indicated a worrying feature of...

Bangladesh to be hunger-free by 2030: Speakers

Bangladesh would be a zero-hunger country by 2030 overcoming all...

BB issues new rules on hiring CFO, CITO for banks

The central bank has introduced a new set of regulations...

Biman starts 3rd weekly Jeddah flight from Chittagong

Biman Bangladesh Airlines Sunday started operation of its third weekly...

Govt to introduce E-chalan to collect VAT, tax

The government will introduce E-chalan soon for collection of VAT...

$51m Kuwait fund for urban development

The Kuwait Fund for Arab Economic Development (KFAED) will provide...

Economists contradict BBS claim on 'job-rich growth'

Despite having higher economic growth, Bangladesh couldn't create requisite job...

Govt moves to intensify vigilance against money laundering

The government has decided to pool information resources on money...

LDC graduation: ADB chief congratulates Bangladesh

Asian Development Bank (ADB) President Takehiko Nakao has congratulated Bangladesh...

Greater job creation a must in post-LDC era: Muhith

Muhith prioritises greater job creation and better use of funds...

BB seeks Tk 3.0b for EEF operation

The Bangladesh Bank (BB) has requested the government to release...

Thrust on popularising hedging to curb risks

Bangladesh needs to develop an effective benchmark interest rate along...

Govt launches project to address post-LDC challenges

The government launched 'Export Diversification and Competitiveness Development Project (Tier-2)'...

BB eases forex rules for shipping lines

The central bank has relaxed foreign exchange regulations allowing the...

Credit binge squeezes banks' liquidity

The overall excess liquidity with the country's banks shrank by...

RHD in a fix over extent of land acquisition

Roads and Highways Department (RHD) is in difficulty to implement...

Economy fosters ‘job-rich growth’

An official ratings agency says the Bangladesh economy can boast...

Wider NBR drive to detect tax-dodging foreigners

Smelling large information gap in the data about registered foreign...

Amu seeks WIPO support to accelerate industrialisation

Industries Minister Amir Hossain Amu on Monday sought technical support...

CCCI moves to build SEZ with own fund

With support of all directors and members, Chittagong Chamber of...

New garment wage proposals to be ready in six months

The garment sector wage board asked the representatives of owners...

Cost climbs as VAT digitisation process lies in limbo

The digitisation process of the value-added tax (VAT) system under...

Repayment system impedes microcredit expansion: Study

The growth of microcredit in developing countries like Bangladesh has...

Some banks failing in provisioning against ballooning bad loans

Some banks are failing to keep requisite provisions against both...

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