Business-Economy

Govt to procure one cargo LNG from spot market

Staff Correspondent: The government today approved a proposal in principle for procuring one cargo LNG from the spot market to meet the emergency need for gas. The approval came from

Cash reserve ratio lowered to 3pc for slow deposit growth

Staff Correspondent: The Bangladesh Bank has reduced the cash reserve ratio (CRR) to 3%, effective from on Wednesday in response to slowing deposit growth. Deposit growth in Bangladesh’s banking sector

How some banks mobilised record deposits despite low industry growth

Staff Correspondent: When the country’s banking sector experienced its lowest deposit growth in recent history, some private commercial banks excelled, setting records in deposit mobilisation even through the economic crisis

BKMEA seeks outstanding Tk7,000cr cash assistance before Eid

Staff Correspondent: The Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) has requested the Finance Division to release Tk7,000 crore in outstanding cash assistance for exports before Eid-ul-Fitr. BKMEA President Mohammad

BD may take advantage of global trade tension: Analysis

UNB: The trade tension across the world is shifting the wind, and Bangladesh may rather take advantage of it, says an industry leader. “At the same time focus and attention

Weak banks may take 5-10 years to recover: Cenbank governor

Staff Correspondent: It could take between five to ten years for weak banks to fully recover, Bangladesh Bank Governor Ahsan H Mansur said on Tuesday (March 4). “We are closely