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The Financial Express

/ Economy / Bangladesh

Credit binge squeezes banks' liquidity

The overall excess liquidity with the country's banks shrank by nearly 18 per cent or Tk 154.61 billion by January, mainly for a lending binge against a deposit dearth. Selling the US dollar by the central bank also contributed to...

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...

Government to give cards to all tax payers

Anybody who has paid tax, irrespective of the amount, will...

ADB seeks clearence to invest $120m in power sector

The Asian Development Bank (ADB) has sought clearance from the...

Govt plans four-lane highways to spice up south-western region

The government has planned to build the country's longest multi-lane...

Depositors now easy targets of govt, banks

The government is now milking the bank depositors to the...

Government rethinks tax rebate on savings tools

The government rethinks the continuation of tax rebate facility against...

BD fulfilled all criteria for LDC graduation, confirms UN

Bangladesh has met all three criteria to consider for graduation...

NBR invites trouble after doctoring tax collection data

The National Board of Revenue (NBR) has run into trouble...

Non-performing loans swell 19.51 per cent in 2017

The volume of non-performing loans (NPLs) in the country's banking...

Thai PM for synchronising policies to create new trade, economic connectivity

Thai Prime Minister Prayut Chan-o-cha has proposed that Bangladesh's 'Look...

RCC set to implement Tk 600m development projects

Rajshahi City Corporation (RCC) is going to implement two major...

$400m up for grabs for key infrastructure development

The central bank has undertaken Investment Promotion and Financing Facility...

Completion of current projects takes priority in coming ADP

Government's election-year development programme will be focused on timely implementation...

Over 100 dev projects await inauguration in Mymensingh

Prime Minister Sheikh Hasina is set to inaugurate a total...

Summit, Mitsubishi sign MoU for power plant, LNG terminal

Summit Corporation Ltd, a subsidiary of Summit Power International (SPI)...

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