Business-Economy

5 vulnerable banks secure BB guarantee for liquidity

The banks are National Bank, Social Islami Bank, First Security Islami Bank, Union Bank, and Global Islami Bank TDS Desk: The Bangladesh Bank (BB) has signed agreements with five crisis-hit

Post-flood economic recovery: BD seeks $1.0b aid from Japan

TDS Desk: Bangladesh has recently sought $1.0-billion budgetary support from Japan to facilitate the country’s post-flood recovery in the eastern region and also to weather the economic storm, officials said

Liquidity mishandling lands dozen banks in quagmire

Risky aggressive lending for corporate malgovernance also to blame TDS Desk: At least 11 of mushrooming private commercial banks (PCBs) in Bangladesh faced with financial vulnerability mainly for a lack

Poverty climbs to 20.5pc in last 2 years of AL regime

TDS Desk: The poverty rate in Bangladesh has risen to 20.5 per cent from 18.7 per cent in the last two years of the Awami League regime. This escalation has

22-day ban on Hilsa fishing to begin from 13 Oct

The ban to be continued till November 3 TDS Desk: The government is going to impose a 22-day ban on hilsa fishing from 13 October. Hilsa catching, selling and transportation

Low import eased pressure on external balances during the July revolution

TDS Desk: The deficit in the country’s current account balance and trade balance narrowed significantly in July, riding on negative import growth during the protests led by the Anti-discrimination Student