Muhith himself doubts 7% growth projection
December 22, 2011
With the rising inflation casting its shadow on the economy, finance minister A M A Muhith is uncertain about meeting the 7 percent growth target.
BB continues forex support to banks for import bills settlement
December 20, 2011
The central bank has continued its foreign exchange support through selling US dollar directly to the commercial banks for settlement of import bills.
Key challenges for export promotion identified
December 12, 2011
Infrastructure development, export diversification and human resources development are the key challenges for the promotion of country’s overseas sales, speakers said Sunday.
RBI rate hike may shrink bank margins
September 18, 2011
For Indian banks, facing pressure on profitability, the latest bout of rate increase by the Reserve Bank of India (RBI) could well accentuate such pressures.
Meghna Group set to go for legal action against Australian co
August 1, 2011
Meghna Group of Industries will go for legal action against an Australian sugar exporter for their alleged failure to supply the commodity to its sugar refinery on time, officials said.
SCBs’ classified loans decline by Tk 10b
July 25, 2011
The amount of classified loans of four state-owned commercial banks (SCBs) declined by over Tk 10 billion over a period of one calendar year, ending on December 31, 2010.
Chemically treated mosquito net to be produced locally from October
July 24, 2011
The plant of chemically treated mosquito net ‘Interceptor’, which is capable of killing mosquitoes, bugs and other insects, will start its commercial production by October next, officials said.
Low-rate loans for bringing people to renewable energy
July 21, 2011
Bangladesh Bank (BB) Governor Dr Atiur Rahman said Wednesday that entrepreneurs could become successful in the renewable energy sector by availing loans at low interest rate from the commercial banks.
Stock rally continues, turnover hits new record
July 16, 2011
Dhaka stocks continued its rally for a fourth consecutive week as fresh funds were injected by general investors as well as institutional investors.
JBC to launch expat insurance plan for overseas workers
July 14, 2011
State-run Jiban Bima Corporation (JBC) is set to introduce Expatriate Insurance Plan aiming to ensure financial security of expatriate people’s families back in the country.