Bangladesh’s Banking Sector in Severe US Dollar Shortage
Many Bangladesh banks cannot pay the LC liabilities on the due date. There is a delay of one month in the payment of some liabilities. In this situation, Bangladesh’s image…
Bangladesh Securities and Exchange Commission awarded 11 companies
Bangladesh Securities and Exchange Commission (BSEC) has awarded 11 companies for mediating the capital market. ICB Catipal Management and UCB Investment have been ranked first in the merchant banker category.…
Bangladesh Development Bank Loan Scam
About Tk 133 crore has been withdrawn from The Bangladesh Development Bank (BDBL). Huge amounts of money are digested through various techniques including non-existent business, overvaluation of security and submission…
2.6 Billion Dollar Remittance inflow in July 2020
Bangladesh Wage earner’s remittance inflow exceeded 2.6 Billion in July 2020. Remittance is a transfer of money, often by the worker to an individual in their home country. Besides, the…
Bangladesh’s Farmers to get 3.6 Billion Dollar loan this Year
Agriculture and Rural Credit Policy and Program of Bangladesh Bank has set the loan target for the new financial year on Wednesday. Bangladesh Bank allocated loans of Tk 26,292 crore…
Bangladesh’s Mobile operator lost 4 Million Subscriber: Impact of Covid-19 in Business
In the three months since the beginning of coronavirus pandemic in the country, the number of mobile phone subscribers has decreased by 4 million. This calculation is from last March…
BSEC Fined C & A Textiles For Illigal Selling
The Bangladesh Securities and Exchange Commission (BSEC) has imposed a fine of Tk 19 crore on three director of C&A Textiles for selling their share without official announcement . The…
ADB is increasing financial Assistance to the Private Sector
The Asian Development Bank (ADB) has increased its funding limit from 518 million to 755 million by the end of the year to expand the Trade Finance Program (TFP) to…
Bangladesh Highest Taxpayer in 2019
Every year Bangladesh National Board of revenue (NBR) honor top taxpayer of the country . This year 141 taxpayers was awarded tax card and crest for paying the highest amount…
Saudi Arabian Military Industries to Invest 5 Billion in Bangladesh
Sources in Dhaka and Riyadh said The Saudi state-owned defense company ” Saudi Arabian Military Industries ” is going to invest in Bangladesh Aircraft Servicing industry. The Saudi authorities hinted…