Business-Economy

Bangladesh raises home-loan cap to Tk 4 crore

TDS Desk: Bangladesh’s central bank has lifted the ceiling on housing loans to Tk 4 crore, tying how much banks can lend to the quality of their existing mortgage portfolios

After Salman F Rahman’s fall, Beximco Pharma stays stable

TDS Desk: Salman F Rahman, the co-founder of the Beximco Group, has been in prison for 18 months. Once a private sector adviser to ousted Prime Minister Sheikh Hasina, the

Govt approves Tk24,000cr fuel, crude oil import proposals

TDS Desk: The Advisers Council Committee on Government Purchase on Tuesday (6 January) approved several proposals for the import of fuel and crude oil. The approval came at a meeting

Bangladesh inflation picks up again, defying IMF prescription

TDS Desk: The International Monetary Fund’s recommendation of higher interest rates to tame inflation is failing to produce results. Price pressures within Bangladesh are mounting once again; official data reveal

NBFI depositors may get money back before Ramadan

TDS Desk: Individual depositors of nine ailing non-bank financial institutions (NBFIs) lined up for liquidation may get back their principal amounts before Ramadan in February, said Bangladesh Bank Governor Ahsan

Sammilito Islami Bank kicks off with Tk 44cr new deposits: BB Governor

TDS Desk: In the first two days of operations-Thursday and Sunday-customers of the newly formed Sammilito Islami Bank PLC withdrew a total of Tk 107.77 crore, while new deposits amounted