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The Financial Express

/ Economy / Bangladesh

Idle fund: Soaking it up to stop misuse, says kamal

Finance Minister AHM Mustafa Kamal defended on Wednesday the government's move to transfer idle money of state entities to the public exchequer, saying that it was intended to stop misuse of fund. "Many state-owned entities do not utilise funds rationally,"...

IMF pushes for enforcement of regulations

The International Monetary Fund (IMF) has emphasised strict enforcement of...

PM to inaugurate IORA summit Thursday

Prime Minister Sheikh Hasina is scheduled to inaugurate the Indian...

Future lies in building tech, knowledge-based society: BIDA EC

The country should focus on increasing investment to establish a...

Aug inflation declines marginally

The point-to-point inflation rate has declined by 0.13 percentage point...

NPL buildup, high cost of fund remain major potential risks: Study

The country's banking sector is now moderately competitive and stable....

ICCB stresses FDI for sustainable economic development

Foreign direct Investment (FDI) has long been the most viable...

Remittances top $3.0b in August

Money sent home by expatriate Bangladeshis amounted to over US$3.0...

'BD remains in top since 2009 in attaining GDP growth'

Finance Minister AHM Mustafa Kamal on Monday said Bangladesh remains...

FICCI for research-based sound policy changes

Raising concern over unpredictable policymaking, foreign investors on Sunday said...

Higher interest rate naturally creates loan defaulters: PM

Prime Minister Sheikh Hasina on Sunday said the government has...

Joint efforts key to sustainable banking

A collaborative approach of industry-led initiatives and policy leadership is...

Govt to cut down on bank borrowing for September

The government is set to reduce borrowing from the country's...

No fresh loans for defaulters until Oct 20: HC

The High Court on Thursday ordered the Bangladesh Bank and...

Compound interest rate not feasible, says Kamal

Finance minister AHM Mustafa Kamal said on Wednesday the compound...

Banks’ H1 deposit growth up slightly

The overall deposit growth in the country's banking sector rose...

Bad loans taking toll on banks’ profit earning

Profitability of the country's banks has declined by around 17...

Dhaka, Tokyo sign MoC on skilled workers recruitment

Dhaka and Tokyo on Tuesday signed a Memorandum of Cooperation...

Climate change adversely affecting sustainability of construction sector: Experts

Growing climate change vulnerability especially rising temperature is adversely affecting...

'Govt won't refinance state-owned commercial banks anymore'

The government will not refinance the state-owned commercial banks --...

Bangladesh gets $2.5m export order from Canada exhibition

Bangladesh readymade garment (RMG) industry has received around $2.50 million...

Minister urges Brazil to slash 35pc import duty

Commerce Minister Tipu Munshi requested the Brazilian government to reduce...

Govt borrows Tk 230b from banks in 35 days

The government borrowed nearly Tk 230 billion from the country’s...

BIDA launches massive hunt for entrepreneurs

The Bangladesh Investment Development Authority  (BIDA) has launched an innovative...

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