Net sales of savings tools up 8.0pc in nine months The net sales of state-run savings instruments rose by more than 8.0 per cent in nine months of the current fiscal year (FY), compared to the same period of the previous fiscal. According to the Department of National Savings (DNS)
Read MoreBB asks four SoCBs to focus on SME lending According to the official, the Central Bank has asked the four State-owned Commercial Banks (SoCBs) to focus on SME (small and medium enterprise) lending, particularly in the manufacturing sector, along with large loans to minimise risks. The advice was given at
Read MoreMerchandise exports witness 11.61pc growth The country’s merchandise exports during the July-April of current fiscal (FY19) marked 11.61 per cent growth, according to official data released on Thursday. As per data by Export Promotion Bureau (EPB), merchandise export in FY19 stood at $33.93 billion which was $30.40 billion during the
Read MoreBB to issue new guideline soon: Mustafa Kamal According to the Finance Minister Mustafa Kamal, the new guideline on restructuring of bad loans would be issued by the Bangladesh Bank soon. It will be issued before the placement of budget for the next financial year on June 13. The government
Read MoreGarment exports to US up 10pc Garment exports to the US increased 10.10 percent year-on-year to $1.08 billion in the first two months of the year, with the shipments expected to grow exponentially if 25 percent duty on Chinese imports comes into effect. If that materialises, many international retailers will
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