Dev spending lowest in 5yrs Government agencies could spend 28.45 per cent or Tk 61,048 crore allocated for development projects in July-January of the current fiscal year — the lowest in the last five years, according to the Implementation Monitoring and Evaluation Division (IMED). Spending on development projects fell 11
Read MoreStocks cross 5,500 points again Dhaka stocks crossed 5,500 points yesterday thanks to a rising trend among large cap companies amidst a drop by most stocks. The DSEX, the Dhaka Stock Exchange’s (DSE) benchmark index, rose 10 points, or 0.19 per cent, to 5,509. Stocks of 26 per cent of
Read MoreDefault loans drop on relaxed policies Default loans went down in 2020 on the back of a general forbearance on loan payments, a development that does not cheer experts and bankers as the fall did not paint the actual scenario. Non-performing loans (NPLs) stood at Tk 88,734 crore last year,
Read MoreBanks can give max. 30pc div for 2020 The banking companies would be able to declare maximum 30 per cent dividend, including 15 per cent cash, for the year ended on December 31, 2020. The Bangladesh Bank (BB) has set the limit for the banks which have at least 15
Read MoreGet ready for gradual end of LDC-specific support: Tipu Munshi. Bangladesh should start preparing for the gradual withdrawal of international supports as the country is set to graduate from the group of least developed countries, Commerce Minister Tipu Munshi said yesterday. The country should move towards signing of free trade
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