$

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 March 20, 2018

New cashless payment system in the offing Bangladesh is moving one step closer to being a cashless society after the central bank gave the go-ahead to a company to facilitate payments between parties through online fund transfers. Called the iPay, the fintech startup’s system will function like Paypal, which operates

Read More

Important Business News Extracts March 19, 2018

Default loan rises by Tk12,000 crore The total value of defaulted loans rose by almost one-fifth last year. Defaulted loans rose to Tk74,303 crore in 2017 from Tk62,172 crore in 2016– a year-on-year rise of Tk12,131 crore or 19.5%. As a proportion of the total outstanding loans, defaulted loans accounted

Read More

Important Business News Extracts March 18, 2018

NPLs swell 19.51pc in 2017 The volume of non-performing loans (NPLs) in the country’s banking system jumped 19.51 per cent or Tk 121.31 billion in the last calendar year (2017) despite close monitoring of the central bank. The NPLs rose to Tk 743.03 billion as on December 31 last year,

Read More

Important Business News Extracts March 15, 2018

July-Jan trade deficit soars 92pc to $10.12b The country’s overall trade deficit crossed US$10-billion mark in the first seven months of the ongoing fiscal year (FY), 2017-18, mainly due to higher import payments against lower export receipts, officials said. The deficit rose by nearly 92 per cent or $4.84 billion

Read More

Important Business News Extracts March 14, 2018

$400m up for grabs for key infrastructure dev The central bank has undertaken Investment Promotion and Financing Facility (IPFF-II) project with over US$400 million disbursement target for infrastructure development in nine key sectors. An official list of the sectors eligible for drawing the funds includes ports, power, environment, industrial estates

Read More