A tale of two economies
The infamous quote 'Bangladesh is a bottomless basket' made by then US Secretary of State Henry Kissinger in 1974 has already been
25 March 2019, 18:00 PM
LARGE LOAN RESTRUCTURING: FAVOUR PROVES FUTILE
On January 29, 2015, the Bangladesh Bank issued a new large loan restructuring policy to stand by big borrowers in trouble.
16 December 2018, 18:00 PM
Tourism booming with economy
Bangladesh's tourism sector has grown with the pace of the country's economic growth in the past decade, as more and more people are having sizeable disposable income.
13 December 2018, 18:00 PM
Pacific Jeans investing $100m to diversify products
Top denim maker Pacific Jeans is spending $100 million to set up two new factories in Chattogram in two years with the view to diversifying product base.
30 October 2018, 18:00 PM
Private Armed Guards: Firearms law flouted at will
Many private banks and influential individuals are illegally employing armed guards in violation of the firearms law.
27 October 2018, 18:00 PM
StanChart to play bigger role in Bangladesh
Standard Chartered wants to play a larger role in fostering the economic, financial and social development of Bangladesh by promoting trade and investment and helping local companies go global, said the group chairman of the British lender.
27 October 2018, 18:00 PM
Affordable home: beyond reach of many
Dhaka has emerged as one of the fastest-growing megacities in recent times with a population of nearly 20 million.
20 October 2018, 18:10 PM
Indian products rule border haats
Border haats, which are meant to trade produce of border communities to help them improve their livelihoods, are selling products
10 October 2018, 18:00 PM
Germany's Cube teams up with Meghna to make high-end bicycles
Cube, the biggest bicycle manufacturer in Europe, has teamed up with Meghna Group to produce high-quality cycles in Bangladesh.
10 September 2018, 18:00 PM
Once top-notch, Islami Bank now half the value of Brac
Brac Bank has become the country's largest private lender in market value, removing restructured Islami Bank Bangladesh Ltd (IBBL)
1 September 2018, 18:00 PM
Outstanding Loans in Banking Sector: Big chunk held by bank owners
In Bangladesh, industrialists and businesspeople become shareholders and directors of banks, and borrow money from each other's banks.
And not only that, up to four members of a family can now be in the board of directors of a bank, up from two previously, after the relevant rules were amended last year following Finance Minister AMA Muhith's recommendation.
28 August 2018, 18:00 PM
Steelmakers flexing muscles
Steelmakers are investing thousands of crores of taka either to expand existing capacity or set up new units as consumption is on the
27 August 2018, 18:00 PM
Impact of Eid-ul-Azha on economy
The size of the Eid-ul-Azha economy is believed to be around Tk 31,000 crore, of which at least Tk 22,000 crore alone comes from
25 August 2018, 18:00 PM
Pioneer: a star insurer
Insurance business in Bangladesh is very challenging as nobody buys a policy voluntarily because of the negative perception about it. Poor governance and dilly-dally in claim settlement has made the insurance business further difficult.
17 August 2018, 18:00 PM
Policy consistency crucial for FDI
Consistent and clear policies, especially in areas of tariff, are central in attracting investments from abroad, said Mikael Hemniti Winther, the Danish ambassador to Bangladesh.
8 August 2018, 18:00 PM
GSK shuts factory after six decades
GlaxoSmithKline (GSK), one of the world's leading research-based pharmaceutical and healthcare companies, has decided to close its medicine manufacturing unit in Bangladesh after over six decades of operation.
26 July 2018, 18:00 PM
GE flying high in Bangladesh
American power equipment giant General Electric is betting big on Bangladesh, encouraged by the exponential growth of its business
4 July 2018, 18:00 PM
Banks to cut lending rates in phases
Banks are sticking to their directors' decision to bring down the lending rates to 9 percent from July 1 amid growing dilemma over how to execute the plan for a large number of loan products.
26 June 2018, 18:00 PM
Jobs there, not right skills
Samidul Haque obtained a BBA degree from a private university a year ago.
7 June 2018, 18:00 PM
Complacency to spoil the broth
Logging in more than 7 percent GDP growth for three consecutive fiscal years is a feat that definitely deserves to be lauded. After all, it
6 June 2018, 18:00 PM