Billions of Taka needed to pay interest on govt debt
Special Correspondent: In the next fiscal year 2024-25, an allocation of Tk 108,000 crore is being set aside for the payment of interest on the government’s debt. Tk 94,376 crore was allocated in the main budget…
Read More »Farmers are ‘unhappy’ even with a bumper yield of paddy
Staff Correspondent: Despite government directives, paddy procurement has not started in Chuadanga so far. Not being able to sell rice to the government has raised apprehension among the farmers about getting a suitable price.Farmers say that…
Read More »Profit of foreign banks increasing
Decreasing in local banks Zarif Mahmud: The banks are becoming increasingly weak due to high non-performing loans, fragile capital structure and inefficient management. In addition to the decrease in profits, business is also shrinking in many…
Read More »Concerns rise over reserve depletion
Syed Nasir Hossain: The rate at which the foreign exchange reserves in the central bank is decreasing rapidly is increasing the concern in the country’s economy. Two-and-a-half years ago, the reserve was $48 billion, according to…
Read More »Indo-Bangla security agencies investigating billion-dollar heist of BB
Indian hackers behind it Industry Desk: Unidentified suspected Indian hackers allegedly took to digital means and ferreted out a few billion dollars from Bangladesh Bank, the country’s central bank, about a week ago, at least three…
Read More »Dhaka losing its green
Farhad Chowdhury: Panthkunj Park,a piece of green life at Karwan Bazar, Panthpath, Banglamotor junction, the busiest area of the capital. Even a few years ago there were rows of trees. In the morning, the park was…
Read More »Half of river Padma abolished in 40-yr
Impact of Farakka dam Mahfuja Mukul: The Padma has turned into a desert in the Bangladesh part due to the impact of the Farakka Dam, which caused the increase in the navigability of Kolkata port. The…
Read More »Dollar-taka exchange rate should be fully market-based
Masrur Arefin: Dhaka University has organized the First Development Studies International Conference (DSIC 2024). City Bank always wants to be with such good initiatives. As you know City bank is a big bank and we have…
Read More »SIBL MD Zafar Alamobtains UN accreditation
Becomes Sr. VC of Global Economist Forum Staff Correspondent: The down grading Social Islami Bank PLC has regained its previous strength by achieving qualitative development in all of the areas of banking. The bank is now…
Read More »Leverage national consensus to sign basin-based water treaties
Staff Correspondent: Speakers at a discussion meeting on Saturday recalled the Farakka Long March organised by Moulana Abdul Hamid Khan Bhasani, a leader of toiling masses of Bangladesh, and expressed their deep respect for him. On…
Read More »Traffic dept forces Laguna to set up looking glass
Kamal Hossain Khan: The traffic departments are working under the leadership of Dhaka Metropolitan Police Commissioner Habibur Rahman to keep the traffic jam in megacity Dhaka at a tolerable level and to make the traffic of…
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