Finance Minister sits with State Banks today Finance Minister AHM Mustafa Kamal will sit with the Chairmen and Chief Executive Officers of the State-owned Commercial and Specialised Banks today to take stock of the overall situation of the financial sector. The meeting is being convened as six of the eight
Read MorePharma Exports soar 26pc Bangladesh’s medicine exports soared 25.60 percent year-on-year to $130 million last fiscal year thanks to continuous improvement of product quality and government support. The sector has built up skilled manpower and improved quality and at the same time more effort is being put to win the
Read MoreRising default loans affecting Banks’ profits: BB DG The growing trend of default loans has put an adverse impact on Banks’ profitability and their daily operations, said Bangladesh Bank Deputy Governor SM Moniruzzaman yesterday. “It is a harsh reality,” he said at a roundtable on “Corporate Guarantee: Does It Work
Read MoreExport target to be 15pc higher: Commerce Minister The government is likely to set a 15 percent higher export target for this fiscal year as it looks to hit $60 billion in receipts by 2021, said Commerce Minister Tipu Munshi yesterday. If the target is achieved Bangladesh’s export will be
Read MoreS Korea to consider duty-free access of BD products South Korean Prime Minister Lee Nak-yon on Sunday assured Bangladesh of considering duty-free quota-free market access for all Bangladeshi products to their market as the bilateral trade is heavily tilted towards Korea. The assurance came during the official summit talks between
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