BB to set higher credit growth target
Bangladesh Bank may set the private sector credit growth target at 16.5 percent in the monetary policy for the first half of the fiscal year, in keeping with the present momentum.
25 July 2016, 18:00 PM
Remittance inflow from Middle East slows
Remittance inflow from Middle Eastern countries declined last fiscal year but receipts from the US and the UK increased.
21 July 2016, 18:00 PM
China Railway gets final nod to build Padma rail network
The government has given the final go-ahead to a Chinese company to start construction of the 215km-long Padma rail link from Dhaka to Jessore.
20 July 2016, 18:00 PM
Chinese contractor to build landline network
A Chinese consortium will get a contract to set up a countrywide telecom network in Bangladesh for digital connectivity through landline phones at a low cost.
18 July 2016, 18:00 PM
Monetary policy to focus on growth momentum
The central bank is set to announce the new monetary policy next week that will aim to maintain the private sector credit growth
17 July 2016, 18:00 PM
Govt's cost of debt to double
Government borrowing through savings instruments in fiscal 2015-16 is most likely to be nearly double the
16 July 2016, 18:00 PM
Inflation lowest in 12 years
Inflation stood at 5.92 percent on average in fiscal 2015-16 -- the lowest in 12 years and even lower than the government's budgetary
12 July 2016, 18:00 PM
State banks still in capital deficit
The government provided Tk 1,578 crore to state banks last fiscal year to meet their capital deficit and yet it was not enough for the
9 July 2016, 18:00 PM
Most banks have sound capital base
Most of the private and foreign commercial banks succeeded in maintaining the new international standard capital adequacy ratio.
4 July 2016, 18:00 PM
Govt moves to improve ADP performance
The government has big plans to speed up the implementation of the annual development programme this fiscal
3 July 2016, 18:00 PM
Banks' profits rise on small loans
Most private banks saw their operating profits rise in the first six months of the year riding on returns from small
2 July 2016, 18:00 PM
New VAT measures to bring in Tk 6,423cr
The government is set to rake in an additional Tk 6,423 crore next fiscal year due to various value added tax measures proposed in the
28 June 2016, 18:00 PM
Petrobangla to pay $90m a year to use LNG terminal
Petrobangla will pay about $90 million a year to use the planned LNG terminal of US-based Excelerate Energy in
21 June 2016, 18:00 PM
Local firms still can't invest abroad
The central bank has not allowed any Bangladeshi national to invest fresh capital abroad, meaning the money
11 June 2016, 18:00 PM
Subsidy to soar 37pc next fiscal year
Expenditure on subsidy is set to soar about 37 percent in fiscal 2016-17 from that in the current year owing to food distribution at lower prices through public channels and opening up of new sectors to financial support.
6 June 2016, 18:00 PM
BPC profits to treble this year
Bangladesh Petroleum Corporation is set to log in profit of Tk 12,186 crore for fiscal 2015-16, which is three times
4 June 2016, 18:00 PM
Safety net outlay to go up 16pc
The allocation for safety net programmes is set to rise about 16 percent year-on-year to Tk 43,500 crore in the
31 May 2016, 18:00 PM
Muhith to cut handouts for state banks by half
The allocation for state banks' recapitalisation is set to be slashed by more than half in the forthcoming budget -- the strongest indication yet of the government's intent to crack down on the lenders' errant ways.
30 May 2016, 18:00 PM
Mega-projects to get Tk 18,700cr
The government will announce a separate roadmap for the first time for 10 mega-projects, for which about Tk
29 May 2016, 18:00 PM
Unused foreign funds hit new high of $23b
The amount of unused foreign aid in the pipeline reached a new high of $22.95 billion in March as the government
28 May 2016, 18:00 PM