Farmers Bank Debacle: BB measures not enough
Bangladesh Bank responded very late in dealing with the ailing Farmers Bank, former central bank governors and senior economists said.
28 November 2017, 18:00 PM
Akij may get nod to buy Malaysian firms
Akij Jute Mills, a concern of Akij Group, may finally get the government approval to purchase a Malaysian company
18 September 2017, 18:00 PM
Bank bends rules for its directors
In a gross violation of the banking rules, the United Commercial Bank has allegedly waived a director-related loan for less than one-fifth of the principal amount without Bangladesh Bank's approval.
8 September 2017, 18:00 PM
Flood, Rundown Roads: Supply chain affected
Floods and rundown roads have become a major concern for businesses, as these are affecting supply chains and increasing both transportation costs and time, say industry players.
31 August 2017, 18:00 PM
Credit card market still untapped
Corporate executives and businessmen quite often get stupefied with phone calls from banks selling credit cards.
22 August 2017, 18:00 PM
PUM comes to the rescue of SMEs
Are you an entrepreneur and making small progress? Do you feel there is much more to gain? But you either do not have the resources to hire a commercial consultant or, in case you do, there is simply no local consultant around with specific knowledge and experience.
14 August 2017, 18:00 PM
Credit, Debit Cards: Swindling on the rise
A credit card holder of an international bank in Bangladesh got a phone call from her bank last week. She was asked if she had made two transactions that day of about $450 from Spain and New Jersey.
12 August 2017, 18:00 PM
Changes in bank law on cards
The finance ministry has moved to make changes to the Banking Companies Act 1991 that would strengthen the grip of families on private banks.
6 August 2017, 18:00 PM
Imports to be costlier
The gap between buying and selling rates for US dollar has recently widened to Tk 1.50 from Tk 1, in a development that has made imports costlier and can go on to create inflationary pressure and squeeze the foreign exchange reserves.
30 July 2017, 18:00 PM
Elias Brothers: a bane of banking industry
Once a highly sought-after client, Chittagong-based Mohammad Elias Brothers Group, known as MEB Group, has
17 July 2017, 18:00 PM
Bleeding from bad loans
Ballooning bad loans are crippling not only the banking sector but also the national economy as a whole as the authorities fail to
11 July 2017, 18:00 PM
Rising production costs bite into profits
Manufacturing and operating costs of industries -- be it steel, cement, ceramics or pharmaceuticals -- have increased significantly this year, eating into businesses' profit margin.
8 July 2017, 18:00 PM
Used cars to be dearer
The middle-class consumers have another bad news: they will have to pay more to buy a reconditioned car next fiscal year due to a cut in the depreciation rate used to determine the vehicle's value.
3 June 2017, 18:00 PM
LITTLE CARE for quality spending
When resources are limited, only quality, efficient spending can bring higher and sustainable growth. And this is where Bangladesh
1 June 2017, 18:00 PM
A tricky budget
The budget for fiscal 2017-18 comes at a time when the economy is on a 7 percent growth trajectory and witnessing falling inflation.
31 May 2017, 18:00 PM
Islami Bank in dire straits
Islami Bank, the largest and most profitable bank in the country, has plunged into a bout of infighting within just five months of wholesale restructuring of the board of directors and top management.
22 May 2017, 18:00 PM
Meghna Group keeps roaring
South African golfer Gary Player once said that the harder one works, the luckier one gets -- and that saying best sums up the
19 May 2017, 18:00 PM
Investors should get good returns from infrastructure projects
Investors have to be given a fair share of the revenue generated in the economy surrounding an infrastructure project to boost public
6 March 2017, 18:00 PM
Large firms investing in tea plantation
Large corporate groups have started investing in tea plantation in recent years, riding on the wave of demand from local consumers --
21 February 2017, 18:00 PM
Multilateral trade deals to benefit poor countries
The International Chamber of Commerce believes in multilateral trade agreements as it deems them to be fair and
14 February 2017, 18:00 PM