Bangladesh's private commercial banks (PCBs) saw their operating profit grow substantially in the just-concluded calendar year chiefly for lower cost of funds and private-sector- credit growth, sources say.A rebound in foreign trade, covering export and import, from the previous year's corona depression also contributed to the banks' 'higher operating-profit growth'...
Read moreBangladesh joins humanity to welcome 2022 with mixed feelings of hope and despair as lingering shadows of coronavirus impact long-term rosy macroeconomic and socioeconomic indicators despite a rebound from disruptions.As people ring in the dawning New Year on the Thirty Fast with high hopes for a better luck, economists and...
Read moreThe nation welcomes the New Year 2022 of English calendar today with a plausible hope of returning to a new normal life as a number of people across the country were vaccinated to prevent the deadly coronavirus despite its Omicron variant sweeping around the world, reports BSS.Usually the New Year's...
Read moreAin O Salish Kendra (Ask) termed the outgoing calendar year of 2021 a year of concern on various aspects of human rights.Evaluating the human rights situation of the country in 2021, it said the country witnessed many sensational events of rights violation like communal riots, forced disappearance, rapes, border killings,...
Read moreUse of substandard accessories in liquefied petroleum gas (LPG) and other gas cylinders is causing an increasing number of accidents along with loss of lives and properties in the country, stakeholders and experts said.A testing centre or point is much needed to check the standard and quality of imported LPG...
Read moreLeader of the country's apex trade body Md Jashim Uddin sees spread of new Covid-19 variant Omicron, generation of more employment and enhancement of capacity in the post-LDC era, among others, as the key challenges for the year 2022.Also there is a need for widening the government tax net and...
Read moreRaising hopes for economy in 2022, Dhaka Chamber of Commerce and Industries (DCCI) president Rizwan Rahman says Bangladesh survived in 2020, revived in 2021 and now is time to thrive."The resilience of the private sector has led us to where we are as a country now," he observed."The stimulus boost...
Read moreAnwar-ul-Alam Chowdhury (Pervez), president at the Bangladesh Chamber of Industries (BCI) said that there are many challenges looming in the industrial sector in 2022 as the cost of doing business is rising as a result of power and other utilities. He, however, said there some banking supports is needed to...
Read moreThe country's largest export earner --apparel sector--sees keeping its present growth momentum on for the year 2022."Sustaining the existing export trend is one of the key challenges for the country's readymade garment industry," said Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Faruque Hassan. Also expressing his concern over the...
Read moreAbbas, Putin discuss Israel disputesPalestinian President Mahmoud Abbas on Thursday told Russian counterpart Vladimir Putin that Israel's economic and security steps cannot be an alternative to a political track. Page 16Agrivoltaic plant signs PPAConstruction of the country's first agrivoltaic solar power plant is set to begin soon, with the signing...
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