Aug private sector credit growth falls
Private credit growth decelerated further in August as some banks had to prepare for complying with the central bank's revised advance-deposit ratio rules. Lower import growth also pushed down the private sector credit growth last month, bankers said.They, however, expected the credit growth to pick up slightly in September as...
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No chance of 1/11-like incident, says PM
NEW YORK, Sept 30 (Agencies): Prime Minister Sheikh Hasina has firmly said there is no chance of the recurrence of any 1/11-like incident in Bangladesh as her government is taking punitive actions against every sort of corruption mercilessly."We're taking measures in advance so that no 1/11-like incident can happen again...
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Entire investments not being used qualitatively: Kamal
Finance Minister AHM Mustafa Kamal on Monday said there will have some misuse of funds and disruption of the development activities and they have to tolerate those."Misuse and distortion have taken place in Malaysia, Indonesia and other countries across the globe. But we are trying so that it can be...
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ACC to launch probe against casino operators
The Anti-Corruption Commission (ACC) has finally decided to launch inquiry against the people, who accumulated illegal wealth allegedly through conducting casino-related activities.The national anti-graft watchdog took the decision at an emergency meeting on Monday, after nearly two weeks since the law-enforcement agencies busted casino operations in the country's various sporting...
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Onion prices skyrocket
The prices of onion shot up by Tk 35-Tk 50 per kilogram in the retail market on Monday. Market observers described the hike 'artificial'.They said big traders including importers of the item are behind such an exorbitant hike in onion prices. Local and imported onions were being sold at Tk...
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Rain adds to the woes
Rain adds to the woes of users of the badly-damaged busy road at Saidabad in the city as is seen in the photo taken on Monday — FE photo
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Prayer Timings-(01-10-2019)
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