Actual defaulted loans are more
Says Ahsan H. Mansoor Staff Correspondent: Policy Research Institute (PRI) executive director and prominent economist Ahsan H. Mansoor said that the actual non-performing loans of the country’s banking sector are more than the published accounts.Basically, Bangladesh…
Read More »Shortage in energy focus on electricity
Factories able to utilize only 40 pc of capacity due to lack of gas Mohiuddin Farazi: Energy crisis has been going on in the country for several years. New gas connection to houses closed due to…
Read More »Power sector subsidy up 10 times in 7-yr
Mahfuz Emran: Government expenditure in the subsidy sector has been increasing in the budget for several years. However, very little of this subsidy goes to agriculture or other productive sectors. Instead, every year a large part…
Read More »Cyclone Remal losses estimated at Tk 7,000cr
Staff Correspondent: The government has so far estimated the losses caused by cyclone Remal at Tk 7000 crore, said State Minister for Disaster Management and Relief MdMohibur Rahman on Wednesday.The overall damage report of the cyclone…
Read More »India restricts power supply due to arrear
Nepali electricity provides hope Farhad Chowdhury: Bangladesh officially imports 1,160 MW of electricity from India. Out of this, 1000 MW is imported through West Bengal and 160 MW through Tripura. Bangladesh Power Development Board (BPDB) buys…
Read More »Yunus case may hinder investment in Bangladesh: US
Diplomatic Correspondent: Nobel laureate economist Dr. Muhammad Yunus concerned about the trial to United States has warned Bangladesh about foreign investment. The United States has warned that if the law is misused against Dr Yunus, Bangladesh’s…
Read More »Severity of liquidity crisis may increase in pvt sector banks
82 pc of deposits to be used for govt loans Mahfuja Mukul: The growth of deposits in the country’s banking sector is now around 10 percent. If this trend of growth continues, deposits in banks may…
Read More »New budget offers little for poor
Zarif Mahmud: The budget for the new financial year was presented last Thursday. Now the review is going on – how much the power matches the demand. Whether the finance minister took any measures to relieve…
Read More »Adani’s electricity coming from India without duty-tax!
Illegal discharge of contract Mahfuz Emran: Bangladesh Power Development Board (PDB) started importing Adani’s electricity from April last year. Electricity imports from India’s Jharkhand center at Godda have to pay a duty of over 31 percent.…
Read More »Black money must get entry into main-stream economy
Enayet Karim: It is an unwritten proven truth, “There must be a window to enter the black money into the main steam economy for boosting the economy of country, create fresh job opportunities, full stop on…
Read More »Lt Gen Waker-Uz-Zaman appointed as army chief
UNB: Lieutenant General Waker-Uz-Zaman has been appointed as the new Army Chief of Bangladesh, effective on 23 June 2024. With this appointment, he will be promoted to the rank of General, as confirmed by the Inter-Services…
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