Bangladesh moves two notches Up Bangladesh has moved two notches up in the World Bank’s Women, Business and the Law 2020 study but the country still has a long way to go in creating opportunities for them in employment and entrepreneurship. The country’s score was slightly up to 49.4 from
Read MoreGovt moves to use Surplus Funds of State Organisations The government yesterday placed a bill in parliament with a view to bringing the surplus money held by 61 state agencies to the national exchequer and utilising the funds to implement development projects. Finance Minister AHM Mustafa Kamal placed the bill
Read MorePrivate Banks ready for Basel III Most of the private banks have raised their capital base in line with the Basel III requirements three months prior to the deadline set to reach the global regulatory standard. However, the state banks are nowhere near the level they were supposed to reach
Read MoreRenata clocks 20pc growth against mkt growth of 17pc Listed pharmaceutical company Renata witnessed a steady growth in net profit for the last three fiscal years (FYs) as the company maintained its high professional standard in manufacturing ‘quality’ medicines. The company reported its net profit of above Tk 3.82 billion
Read MoreOnly six China-funded projects roll so far After a lapse of three years into signing a deal with China for executing $20 billion worth of 27 projects, only six has got going as of December 2019. Even Bangladesh has received only $904.50 million out of $5,687 million for the ongoing
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