Bangladesh
Bangladesh
Foreign debt repay means increased pressure on reserve
A Commentator: The election year is coming ahead. It has been alleged that the government is trying to manage the situation by printing extra money. The impact of the corona epidemic is still raging. The effects of war are everywhere. Instability is increasing in the domestic market of Bangladesh. At…
Read More »Tk 200 cr looted by20 brokers from Padma Bridge
Madaripur DC send list to ACC Farhad Chowdhury: A list of 20 brokers has been prepared from the Madaripur district administration. Accused brokers are accused of stealing Tk 200 crores of from the government through fake documents from various projects of Padma Bridge.The administration has already sent the list to…
Read More »BD taka devaluing inflation increasing
Staff Correspondent: The prices of all products including imports in the country are increasing day by day. The value of money is decreasing. Inflation rate is increasing. Low- and middle-income people are facing major financial crisis in the existing situation. Expenditure cannot be met with foreign exchange earnings. The cost…
Read More »Prices hiked due to reduce import
Mahfuja Mukul: Unsettled buyers at the abnormal high prices of almost all products in the market. Along with daily commodities like ginger, garlic, spices, the prices of other consumer goods are running rampant. Traders are mainly blaming the dollar crisis and the problem of opening LCs. Meanwhile, the Russia-Ukraine war…
Read More »Trains likely to run on Padma Bridge later September
Trial run on Dhaka-Bhanga railway line early next month Rafiqul Islam Azad: The train is likely to run on the Padma Bridge later in September this year, connecting the capital city of Dhaka to the Bhanga train station in Faridpur. Prime Minister Sheikh Hasina is expected to inaugurate the Padma…
Read More »Tk 65,321 cr bad debt write-off in 2022
Mahfuz Emran: In the bank sector in 2022, the default loans write off stands at Tk 65,321 crore. Which in 2021 was Tk 60,498 crores. According to that, the default loans write off increased by Tk 4,823 crores in one year. This information has come up in the latest report…
Read More »Over 100 websites of BD in possession of Indian hackers
Staff Correspondent: In a cyber-attack by a group of Indian hackers, information has been leaked from the websites of over 100 public and private institutions of the country. Among them, the information of Investment Corporation of Bangladesh and Directorate General of Health Services has also been leaked.Ahead of August 15,…
Read More »Financial institutions weakening day by day
Zarif Mahmud: The fund crisis has become evident in the non-banking financial institutions of the country. The amount of deposits of the institutions has decreased, but loans have increased slightly. At the same time, the amount of defaulted loans has increased as the amount of loan recovery has decreased significantly.According…
Read More »Market mismanagement causes hike in egg price
Staff Correspondent: The price of broiler chicken eggs in the markets around the capital have soared to Tk 170-180 (Tk 14-15/piece) per dozen in a span of a week.Local chicken eggs are also being sold at Tk 220-230 per dozen in some places around the city.Market experts and people involved…
Read More »Efforts on to make ship breaking industry safe
Staff Correspondent: Environment, Forest and Climate Change Minister Md. Shahab Uddin yesterday said that the government has taken various initiatives to make the ship breaking industry safe and environment-friendly.As a result of various far-reaching measures taken by the government, 4 shipyards have already become green and more than a dozen…
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Hotels to be converted for Covid hospitals
Hospitals overwhelmed Staff Correspondent: The government is going to rent hotels for providing treatment …
