Business-Economy

EU releases €1.1 m emergency assistance for BD flood victims

TDS Desk: The Commission has released €1.1 million in humanitarian aid after devastating floods hit Bangladesh in recent weeks. This funding complements the ongoing distribution of hygiene and sanitary items,

10 banks face provision shortfall of over Tk 31,000cr

BSS, Dhaka: Ten banks, including six private commercial ones, had faced a provision shortfall of around Taka 31,549 crore in total at the end of June this year, as per

TELECOM AND ICT: No progress despite Tk65,000cr investment

Staff Correspondent: In the review meeting of the Annual Development Programme (ADP) for the fiscal year 2024-25 of the Ministry of Posts, Telecommunications, and Information Technology, it was reported that

No restrictions on business operations, opening LCs in Islami Bank: BB Governor

UNB, Dhaka Bangladesh Bank (BB) Governor Dr. Ahsan H Mansur said that there will be no more restrictions on the business operations and opening Letter of Credits (LCs) in Islami

Md Abdul Mannan made chairman of First Security Islami Bank board

TDS Desk: Md Abdul Mannan has been appointed as the chairman of the newly formed board of directors of First Security Islami Bank. On being appointed, Abdul Mannan expressed his

S Alam Group took more than half of loans disbursed by Islami Bank: Chairman Obayed Ullah Al Masud

TDS Desk: The S Alam Group has taken more than half of the total loans disbursed by the Islami Bank, the bank’s newly-appointed Chairman Obayed Ullah Al Masud said Thursday