$

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

£

TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK

Click to Close

Rate last updated: 02/01/2014 11:15:04 AM

Important Business News Extracts May 29, 2016

Bangladesh Bank asks Al-Arafah not to sell stake to foreign investors Bangladesh Bank did not allow Al-Arafah Islami Bank to sell 10.0% of its shares to Saudi-based Islamic Development Bank (IDB). The Islamic Corporation for the Development of the Private Sector or ICD, the private sector financing arm of IDB,

Read More

Important Business News Extracts May 26, 2016

Corporate tax target at risk as banks’ profit declines Lower growth in operating profit of major corporate taxpayers has put the revenue authorities in the soup as far as attaining its tax collection target for the current fiscal year (FY) is concerned. The Large Taxpayers Unit of the revenue board’s

Read More

Important Business News Extracts May 25, 2016

Loan from saving instruments to increase in FY’17 The government’s loan from sale of saving instruments may increase over 33% in next fiscal year despite it being costlier than bank borrowing. This fiscal year too, the loan from saving instruments has already increased to BDT 280.0 billion exceeding the target

Read More

Important Business News Extracts May 24, 2016

Private sector credit growth beats target Private sector credit growth has surpassed the target set in the central bank’s monetary policy — three months ahead of the end of the fiscal year — thanks to low interest rates and less borrowing by the government. The growth was 15.16% in March,

Read More

Important Business News Extracts May 22, 2016

Bad loans increase to BDT 472.6 billion in Q1 Bad loans, the worst category of defaulted loans, in the country’s banking sector increased by 8.68% to BDT 472.6 billion in the first quarter of 2016 because of the scheduled banks’ failure in recovering classified loans amid a rise in financial

Read More