BAB decides to lower lending, deposit rates
Bangladesh Association of Banks (BAB) has decided to bring down the interest rates on both lending and deposit to 9.0 per cent and 6.0 per cent respectively from July 01. The decision was taken at an emergency meeting, held at its office in Dhaka on Wednesday, with its chairman Nazrul...
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Internal audit finds irregularities
An internal audit team of the Biman Bangladesh Airlines has unearthed 'serious' irregularities in collection of cargo handling charges at its cargo complex since 2008.The cargo complex authority of Biman did not collect the basic and other charges from non-scheduled freighters at the Hazrat Shahjalal International Airport since 2008, said...
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ADP execution rate lower
The government spent almost 63 per cent of the Annual Development Programme (ADP) allocations in the 11 months to May of fiscal year (FY) 2017-18.Planning Commission officials said the rate of the development budget spending is two percentage points lower than that of the corresponding period in FY 2016-17.The project...
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US will continue helping Rohingya, says Pompeo
US Secretary of State Mike Pompeo said on Wednesday the US provided nearly $204 million in life-saving assistance to Rohingyas since August 2017. "We'll continue to help them," he said in a statement on the occasion of World Refugee Day. — UNB
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