Textile chemical: another export hope
Bangladesh has turned into a textile chemical exporter from importer in recent years, helping the country save and earn millions of foreign currency, industry players said.
16 August 2015, 18:00 PM
Low demand for money lowers interest rates
Intense competition among the 87 lenders to grab clients is putting pressure on the interest rates, but demand for money is not rising,
13 August 2015, 18:00 PM
Pran triples export earnings in 4 years
Pran, a leading food processor, has tripled its export earnings in the last four years to more than $144 million (Tk 1,126 crore) now.
10 August 2015, 18:00 PM
Mr Commission stays untouched
Import-export firm AVIATE International was in desperate need of Tk 15 crore loans since the start of 2012 to keep its business afloat.
Its owner somehow came to know that Sheikh Shariar Panna, younger brother of the then BASIC Bank chairman Sheikh Abdul Hye Bacchu, could arrange a quick loan for the firm.
3 August 2015, 18:00 PM
ACC probe fails to find ex-bank boss’s link with Tk 4,500cr scam
The Anti-Corruption Commission enquiry into the Tk 4,500 crore BASIC Bank scam couldn't find in it the involvement of the bank's then chairman Sheikh Abdul Hye Bacchu, who allegedly masterminded the biggest banking fraud in Bangladesh, say ACC officials.
3 August 2015, 18:00 PM
Most life insurers overshoot spending limits
Some 28 of the 31 life insurers breached their respective limits on expenses last year, according to the Insurance Development and Regulatory Authority or IDRA.
3 August 2015, 18:00 PM
BB bars traditional banks from Islamic banking
The central bank's decision not to allow conventional banks to convert into Islamic banks has frustrated half a dozen lenders.
28 July 2015, 18:00 PM
Biman hires Mega Maldives to tackle hajj pressure
Biman Bangladesh Airlines has struck a deal with Mega Maldives Airlines to meet the additional demand for aircraft in times of hajj, officials said.
23 July 2015, 18:00 PM
Credit growth remains sluggish on poor investment
Private sector credit growth fell short by about two percentage points from the central bank-set target of 15.5 percent in the second
21 July 2015, 18:10 PM
Boosting investment is a big challenge for BB
Finding ways to boost investment and growth is the next biggest challenge for the central bank's upcoming monetary policy, analysts
14 July 2015, 18:00 PM
Banking from the comfort of one's home
Abdur Rob Patwary, a retired government employee, has never imagined that one day he would be able to pay utility bills from home.
8 July 2015, 18:00 PM
Invest abroad to migrate
Many Bangladeshis are rushing to get Malaysian business visas with hopes for a secure future for themselves and their families, as this type of visa is less costly and easier to get than the one under the Malaysia My Second Home (MM2H) programme.
23 June 2015, 18:00 PM
Safety Away from home
Capital flight has become a serious concern for Bangladesh's struggling economy. Silently but enormously, money is being laundered to safe destinations worldwide. Latest data shows Bangladeshis' deposits with Swiss banks rose by 36pc last year. In a three-part series, The Daily Star will try to reinforce why people and money are flying away from home.
22 June 2015, 18:00 PM
EYES abroad
Capital flight has become a serious concern for Bangladesh's struggling economy.
20 June 2015, 18:00 PM
Banks take a hit as private sector remains passive
Banks have been hit hard by the government's decision to suspend auctioning treasury bonds, especially as the sector is already
18 June 2015, 18:00 PM
Banks face daunting task of getting new business
Getting new business has become the biggest challenge for banks now as companies have been suffering from aftershocks of the prolonged political turmoil in 2013 and the first quarter of this year.
17 June 2015, 18:00 PM
Outlay for pension schemes on the rise
The government's spending on pensioners, who are covered by social safety net programmes, has been on the rise, eating into the outlay for poverty reduction initiatives through such schemes.
16 June 2015, 18:00 PM
BB's large loan rescheduling facility gets no response
Bangladesh Bank's much talked-about special package to allow large loan defaulters to reschedule their loans has received no response
11 June 2015, 18:00 PM
Pioneer Insurance barred from teaming up with India's LIC
The insurance regulator has barred Pioneer Insurance from teaming up with the Life Insurance Corporation (LIC) of India to launch a joint venture in life insurance business in Bangladesh.
9 June 2015, 18:00 PM
Loans must not be tied
Bangladesh's move to borrow $2 billion from India in tied loans will do little good to the country, experts believe.
5 June 2015, 18:00 PM