Manufacturing sees 9.6pc job loss despite 9.1pc growth in 7 years

Stoked-up inflation, external-sector pressures, financial vulnerabilities and political uncertainty could demote Bangladesh's economic growth this fiscal, the World Bank says in its latest study accompanied with suggested remedies. If the government fails to improve the supply-side management of the essential commodities, especially of food, only the monetary policy won't work...

Read more

Two of problem banks get BB recovery tips

Two of crisis-ridden commercial banks' new managements were given Tuesday regulatory directions to improve their financial health through intensifying cash-recovery drives to recoup their soaring non-performing loans (NPLs).The central bank's instructions came from the Bangladesh Bank Governor, Dr Ahsan H. Mansur, during parleys with the reconstituted boards of the two...

Read more

EU announces new aid package for BD, other countries

The European Commission has announced new funding to support humanitarian projects in Bangladesh, Myanmar, Indonesia and Malaysia, reports UNB.The Commission announced the new humanitarian aid package of €21.5 million for the Asia-Pacific region on Tuesday, bringing the total EU support to almost €95 million in 2024.Meanwhile, a EU Humanitarian Air...

Read more

HSC pass rate 77.78pc, GPA-5s up

The pass rate for the Higher Secondary Certificate and equivalent exams, halted partway through due to the mass uprising that toppled the Awami League government, stands at 77.78 per cent.Of the examinees, 145,911 - or approximately 14 per cent - received a GPA-5.In 2023, the pass rate was 78.64 per...

Read more

Prayer Timings (2024-10-16)

Read more