Bangladesh's current-account deficit widened almost eight times or by $4.76 billion in the first half (H1) of this fiscal over the corresponding figure, as outgoings far outstripped incomings. According to latest statistics of the central bank the current-account deficit in the July-December period marked a sharp widening from $0.54 billion...
Read moreFour state-owned commercial banks (SoCB) and a financial institution are yet to take any final decision on injecting capital into the troubled Farmers Bank Limited (FBL) in a bid to rescue it.Chairmen and managing directors of the Sonali, Janata, Agrani and Rupali banks and Investment Corporation of Bangladesh (ICB) discussed...
Read moreROME, Feb 13 (BSS): Prime Minister Sheikh Hasina said on Tuesday enhanced investment in rural economy under a global partnership was a key factor in fighting poverty as she presented her key-note address at the council meeting of IFAD, the UN's specialised agency on agriculture. "We believe that in order...
Read moreThe government raised around Tk 52.68 billion from 4G spectrum auction and tech-neutrality fee Tuesday, delivering instructions for mobile operators to improve services with the latest technology.Telecommunications and ICT Minister Mustafa Jabbar came down hard on the mobile-phone operators out of his dissatisfaction over the quality of telecom services in...
Read moreTerming the verdict in the Zia Orphanage Trust graft case unfair, leaders of the Bangladesh Nationalist Party (BNP) demanded on Tuesday immediate release of party chairperson Khaleda Zia.They also called on the party leaders and activists to continue countrywide demonstration in a peaceful and democratic way to free Khaleda Zia.The...
Read moreA girl adorns another with flowers as people ring in Pahela Falgun, the first day of spring, amid festivity at Bakultala on the premises of the faculty of fine art of Dhaka University on Tuesday. — FE Photo by Shafiqul Alam
Read moreFarmers sell tomato at throwaway prices at the Baish Mouja market of Nabinagar in Brahmanbaria on Tuesday on abundant supply of the produce. Each basketful of tomato weighing 30 to 40 kg sells at Tk 50 to Tk 60. — Focus Bangla
Read moreCourt clears way for 2,201 Sonali Bank job seekersThe Appellate Division has cancelled stay orders on the appointment of 2,201 job seekers to state-owned Sonali Bank. The top court has also dismissed five petitions that sought approval to challenge a High Court order that froze the recruitment two years back....
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