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Search date: 06-07-2025 Return to current date: Click here

Breakthroughs beckon as 60 cases settled, corporates queueing up

Breakthroughs beckon in a current crash course in cleansing piles of non-performing loans as the government-formed loan -recovery committee has settled at least 60 cases worth more than Tk3.0-billion borrowings while corporates queueing up, insiders said.After its 13 meetings in last five months, the committee is also on track to...

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Govt rolls out a-Challan system

The government has launched a system for direct deposit of customs duties and taxes into the treasury through automated challans (a-Challan). At the initiative of the Finance Division and the National Board of Revenue (NBR), the new system came into effect at the beginning of the fiscal year enabling importers,...

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Large industries defy downturn with modest growth, RMG dips

Bangladesh's large industrial sector largely defied a downtrend elsewhere by posting an annualized 4.15-percent growth in April, although the largest-export-earning apparel industry was little downbeat, according to official statistics. Latest Bangladesh Bureau of Statistics (BBS) data showed the Quantum Index of Large-Scale Manufacturing (LSM) rose to 182.12 in April 2025,...

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None will keep money in banks, if savings tool yield rises: Salehuddin

Increasing the profit rate on savings certificates will "discourage" people from keeping money in banks, Finance Advisor Salehuddin Ahmed has said, reports bdnews24.com.Speaking after a meeting at Nabinagar Upazila Parishad in Brahmanbaria on Saturday afternoon, he said such a move could threaten liquidity in the banking system, which must be...

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One dies of Covid-19, 294 more contract dengue

The country recorded one Covid-19 death and 294 new dengue cases in the 24 hours to Saturday morning, according to data from the Directorate General of Health Services (DGHS).The latest Covid fatality brought the virus-related death toll this year to 23. Six new infections were also confirmed during the reporting...

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Holy Ashura today--

The holy Ashura will be observed across the country today (Sunday) with due religious solemnity.The day is a public holiday.The 10th day of the month of Muharram in Hijri calendar is well-known as the "Holy Ashura" commemorating the martyrdom of Hazrat Imam Hossain Ibn Ali (RA), a grandson of Prophet...

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