Business-Economy

Govt to procure LNG from spot market

BSS, Dhaka The Advisers Council Committee on Economic Affairs today approved a proposal in principle for procuring LNG from the spot market to meet the emergency demand for gas in

Weak banks to get inter-bank liquidity support, not overprinted money: Governor

TDS Desk: Bangladesh Bank Governor Dr Ahsan H Mansur announced on Wednesday that no troubled or weak bank will receive liquidity assistance through the printing of new money. Instead, the

Agro adviser seeks Japan’s help to tackle flood losses

TDS Desk: Agriculture Adviser Lt Gen Md Jahangir Alam Chowdhury (Retd) has sought Japanese cooperation to overcome the losses in the agriculture sector caused by the recent flood in the

Cenbank to form three task forces to improve banking sector: ABB chairman

TDS Desk: The Bangladesh Bank will form three separate task forces on the issues of non-performing loans management, Strengthening Project and legal framework to improve the current situation of the

Indian Adani Group sets up Kenyan subsidiary amid push for JKIA deal

TDS Desk: Adani Enterprises has set up a Kenyan subsidiary as it intensifies efforts to take over the management of Jomo Kenyatta International Airport (JKIA), despite ongoing protest among transport

Cenbank forms new IFIC bank board

TDS Desk: The Bangladesh Bank on Wednesday dissolved the board of directors of IFIC bank, and formed a new six-member board, effectively dropping Sheikh Hasina’s corrupt adviser Salman F Rahman