December 21, 2024, 10:46 pm
Business-Economy

IMF conditions may push non-performing loans beyond Tk 5 trillion, experts warn

TDS Desk Adhering to conditions set by the International Monetary Fund (IMF) could lead the country’s total non-performing loans (NPLs) to exceed Tk 5 trillion, experts said. They said that

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Industries struggling under the weight of prolonged crisis

TDS Desk Big industrial conglomerates of the country are finding it increasingly difficult to get by amid repeated hits to business activities over the last couple of years. Huge bank

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Bangladesh presses Adani to revise its 55pc costlier power deal: Report

TDS Desk The Prof Yunus-led interim government has started pressing Adani Power, directly linked to India’s government, to renegotiate its power export deal, accusing the company of not complying with

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All overdue int’l trade payments will be cleared within one month: BB governo

TDS Desk All overdue payments relating to Letters of Credit (LCs) will be cleared within one month, said Bangladesh Bank (BB) Governor Dr Ahsan H Mansur. “We’ve told the banks

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Bangladesh, ADB ink $600m loan deal for structural reforms

TDS Desk: The Asian Development Bank (ADB) and the government of Bangladesh signed a $600 million policy-based loan (PBL) agreement on Wednesday, aiming to promote structural reforms supporting domestic resource

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Remittance raises 26pc since Hasina’s fall: Law adviser

TDS Desk: The country’s remittance inflow has increased 26% since 5 August, when dictator Sheikh Hasina fled the country in a mass uprising, said Law Adviser Asif Nazrul on Wednesday.

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