Rising NPLs' possible financial feedback impacts worrisome
Swelling non-performing loans in Bangladesh, among other regional countries, is worrisome for their potential macro-financial "feedback" effects like economic growth and employment slowdowns. The Asian Development Bank (ADB) made such observations following surveys that found the NPLs on such problematic rise, both by amount and share of total credits, in...
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Most land customs stations prove do-nothings
Nearly 80 per cent of the country's land customs stations currently lie as do-nothings for lack of export-import operations, in a sheer waste of public money, sources said. The number of active Land Customs Stations (LCS) as per customs data is 185, but only 32 of them have regular export-import...
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Experts for separate Islamic banking law
Experts have urged the government to introduce a separate and comprehensive law for regulating and promoting Islamic banking business in the country."We cannot run our Islamic banking business at its optimum level mainly due to the lack of an act," said M Azizul Huq, chairman of the Central Shariah Board...
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Khaleda's convoy comes under attack
FENI, Oct 28 (UNB): The convoy of BNP Chairperson Khaleda Zia, heading towards Cox's Bazar, came under an attack at Mohammad Ali Bazar near Feni district town on Saturday, leaving nearly 30 vehicles damaged.When Khaleda Zia's vehicle crossed the bazaar around 4:45pm, a group of unruly youths equipped with rods...
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Schoolgirl 'set on fire for stealing mobile phone' dies
NARSINGDI, Oct 28: A 12-year-old schoolgirl who was allegedly set on fire by her aunt for 'stealing a mobile-phone set' in Khainput village under Shibpur upazila on Friday night died at Dhaka Medical College Hospital on Saturday. Aziza Begum, a class-V student and daughter of Abdus Sattar, was shifted to...
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