Dash-8 crash adds to woes of Biman
Just two months ago, Biman Bangladesh Airlines shelled out $559,000 (Tk 4.7 crore) for thorough upkeep of a Bombardier Dash-8
21 May 2019, 18:00 PM
BB needs operational independence
Operational independence is needed for Bangladesh Bank to take supervisory actions and stop the government’s interference in the
12 May 2019, 18:00 PM
Loans getting costlier amid cash crunch
In the last one and a half years a home loan borrower of Delta Brac Housing (DBH) has experienced a hike in his interest rate three times.
7 May 2019, 18:00 PM
Biman ticket sale shoots up
Biman Bangladesh Airlines has seen a sharp rise in ticket sales which the aviation ministry claims was due to a drive against corruption in ticketing.
7 May 2019, 18:00 PM
Biman to resume Dhaka-Delhi flight as Jet Air bows out
Biman Bangladesh Airlines is set to resume direct flight operations between Dhaka and Delhi after a five-year gap following Jet
20 April 2019, 18:00 PM
Regent cuts fleet size to beat financial woes
Regent Airways has moved to shave off two aircraft from its fleet as part of its plan to ride out the financial crisis the local airline has
13 April 2019, 18:00 PM
Insurers' premium income goes up
The insurance sector's income growth from premium hit an eight-year high last year thanks to heightened efforts by insurers to revive lapsed insurance policies.
30 March 2019, 18:00 PM
Sonali Bank: once bitten, twice shy
Sonali Bank has emerged as an anomaly in the banking sector, logging in almost half the loan-deposit ratio than other banks last year, at a time when most were gasping to contain their ratio to within the authorised limit.
27 March 2019, 18:00 PM
Islami Bank: Profit falls as bad debts rise
Islami Bank, the largest and most profitable bank in the country, has seen a significant fall in its half-yearly profit, only months after
3 August 2017, 18:00 PM
Agrani not closing loss-making exchange house in Canada
The board of directors of Agrani Bank now wants to keep running its loss-making money exchange house in Canada, for which it earlier received regulatory approval to shut it down.
1 August 2017, 18:00 PM
Growth momentum to slow without policy upgrades
Maintaining the past growth performance will become increasingly challenging for Bangladesh without a significant
26 July 2017, 18:00 PM
Banks opt for bonds to raise capital
Banks are opting for bonds to raise their capital in line with Basel III requirements for their cost-effectiveness, instead of floating more shares on the stockmarket.
9 July 2017, 18:00 PM
AB Bank in leadership vacuum
AB Bank has run into a leadership vacuum after its managing director and chief financial officer were among the 16 accused of embezzling Tk 383 crore from the bank by the Anti-Corruption Commission.
8 July 2017, 18:00 PM
Car sales speed up
A steady rise in the purchasing power of the middle class and affordable automobile loans are contributing to the growth of car sales
6 July 2017, 18:00 PM
Banks weighed down by bad loans, lack of quality manpower
Rising non-performing loans (NPL) and the dearth of quality personnel are the major challenges facing the banking sector, said a top banker.
4 July 2017, 18:00 PM
Lull in Sonali's lending
Sonali Bank is paying more interest than what it is earning as its lending activities have slumped following the Hall-
3 July 2017, 18:00 PM
Banks tempt Eid shoppers with offers
Banks have tied up with clothing brands, supermarket chains and restaurants in the contest to get customers to
20 June 2017, 18:00 PM
Local brands outshine imports
The dominance of clothing items imported from India, Pakistan and Thailand during Eid is gradually eroding as
18 June 2017, 18:00 PM
Curious case of Chittagong connection
Another little known Chittagong-based company, JMC Builders Ltd, has secured a position on the board of Islami Bank, the largest
13 June 2017, 18:00 PM
BD Welding halts production for cash crisis
Bangladesh Welding Electrodes, a private limited company listed with the stock market, has kept its business activities on a hiatus due to a severe cash crunch.
10 June 2017, 18:00 PM
Interest rate on deposits now below inflation
Interest rate on deposits slid below the 5-percent mark and well under the inflation rate, compounding the woes of savers who have already been hit by a large hike in excise duty on their balances.
5 June 2017, 18:00 PM
Minting money thru' banks
The government has been championing the cause of financial inclusion in recent years but, paradoxically, it is progressively penalising
1 June 2017, 18:00 PM
Underperforming banks should merge
The banks that are failing to keep pace with the fast-growing financial sector should merge with each other, according to a top banker.
31 May 2017, 18:00 PM
Sales of savings tools beat target
Sales of savings instruments in the first 10 months of the fiscal year overshot the government's full-year target by more than two times thanks to the substantially higher returns offered by the investment tool.
31 May 2017, 18:00 PM
Slow remittance flow to hurt economy: analysts
Remittance slid 16 percent year-on-year in the first ten months of the fiscal year in continuation of the sluggish
30 May 2017, 18:00 PM
Sonali Bank to inject Tk 50cr into Kolkata branch
Sonali Bank has decided to inject Tk 50 crore as fresh capital into its branch in Kolkata to support business activities.
28 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
Business opportunities rising in Bangladesh
Foreign companies should invest in Bangladesh as the opportunities the country offers far outweigh the challenges, said a top banker.
20 May 2017, 18:00 PM