PCBs to map out strategy for cutting soured loans

Private commercial banks (PCBs) will devise strategies for curbing the volume of non-performing loans (NLPs) in the banking system.Chairman of the Association of Bankers, Bangladesh (ABB) Syed Mahbubur Rahman has been assigned to make a 'working paper' in this connection in the next 10 days.The decision was taken on Saturday...

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BD needs 4IR plan to reap benefits

Bangladesh needs to develop a Fourth Industrial Revolution (4IR) strategy on its own to cope with the next wave of global technological transformation, experts said on Saturday.They also called for creating a pool of efficient human resources as well as a change in the corporate mindset for facing this ongoing...

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Basic pay under three grades may go up

The government committee on Saturday agreed, in principle, to raise basic pay of certain grades in the new wage structure for garment workers, insiders said.The committee, however, decided not to recommend enhancing the gross wages under grades three to five, they said. The decisions came at the second meeting of...

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12 hurt as RMG workers clash with cops

Garment workers again staged demonstrations in the city and its adjacent areas on Saturday after a recess of one-day to press home their demand for removal of the disparity in the minimum wage structure.The demonstrators blocked roads and intersections at some points in the capital including Mirpur Road, Shewrapara, Mirpur...

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Police find bodies of two 'Rohingya camp' residents

Police said they recovered bullet-ridden bodies of two Rohingya camp residents and nearly 50,000 Yaba tablets in Cox's Bazar. The BGB said they fired upon two suspected intruders early on Saturday morning, but added that it could not confirm whether anyone was killed in the shooting.The two bodies were found...

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