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/ Economy / Bangladesh

BB lowers general provision to raise housing loans

The central bank has lowered the required general provision against unclassified housing finance from 2.0 per cent to 1.0 per cent allowing banks to extend more loans for housing. Following an executive order on Thursday, Bangladesh Bank (BB) said the...

Islamic banking investment jumps 19pc

The total investment in the country’s Islamic banking sector jumped...

Import from USA crosses $1b

Country’s annual import from the United States of America (USA)...

LTU serves show-cause to BPDB

The revenue authority issued a show-cause notice to the state-owned...

Five million ultra poor to get rice at Tk10

The government will bring down the price of rice at...

IDB-UNESCAP deal to accelerate progress towards SDGs

The Islamic Development Bank (IDB) one of the world’s largest...

Terms of trade unchanged in FY17

Country’s Terms of Trade (ToT) remained unchanged in the past...

Deposits of Islamic banking industry up by 14.15pc

The total deposits in the country’s Islamic banking industry increased...

$360m ADB loan for railway

The Asian Development Bank (ADB) has approved loans totalling $360...

RMG market expansion faces lots of challenges

Low productivity, shortage of mid-level management professionals and limited backward...

BPC seeks DCs’ help to curb fuel oil smuggling

State-run Bangladesh Petroleum Corporation (BPC) recently sought intervention by deputy...

Six-month extension to bring down ADR limit

The central bank has extended time for banks by six...

NBR to step up monitoring against tax-dodging

The National Board of Revenue (NBR) is intensifying monitoring to...

BB for keeping 1pc provision for unclassified housing loans

Bangladesh Bank (BB) has asked the chief executives of all...

Utilise inland waterways to ease port’s container jam: Experts

Speakers have put emphasis on long-term infrastructure investment plan and...

25 missions fail to meet export target

Twenty five Bangladesh missions, out of 57 missions in abroad,...

New markets in focus to help RMG sector sustain

New and potential markets must be explored for diversification and...

IDB to lend €94.7m for low-cost housing

The Islamic Development Bank or IDB recently approved €94.7 million...

Understaffed, untidy RHD longs for setup recast

Government's Roads and Highways Department (RHD) long awaits its planned...

Loan, not easy equity from EEF: Bangladesh Bank

The central bank now suggests providing loan instead of equity...

Metro rail spending meagre until December last

Only 13 per cent of Bangladesh's maiden metro rail (MRT-6)...

Medicine export marks 29.69pc rise, fetches Tk 31.96b

Earnings from Bangladesh’s medicine export recorded 29.69 per cent rise...

'Doubling tax-GDP ratio essential to meet SDGs'

Bangladesh ought to double its tax-GDP ratio from the current...

Two power projects face scrapping?

The government is in a quandary over whether or not...

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