Internal recast of scam-hit weak banks, NBFIs imperative

A package remedy is now offered for the rescue of scam-hit weak lenders through bail-ins like mergers and acquisitions or guaranteed securities issuance of bank companies to avert printing money needed to feed them. Officials say a top national intelligence agency has made the suggestions for the government to take...

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Many businesses limp for lack of working capital

Umpteen economic units and businesses, especially CMSMEs, across Bangladesh struggle to run for massive capital shortfalls as one-third of them have no access to easy loans, according to official statistics.Some 34.41 per cent of the economic units across the country cannot access easy loan from any commercial banks and financial...

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DITF draws milling crowd on last day

Curtain came down on the month-long Dhaka International Trade Fair (DITF) on Friday, pulling in large crowds and roaring trade.People from different walks of life started gathering at the Bangladesh-China Friendship Exhibition Centre at Purbachal.The Ministry of Commerce and the Export Promotion Bureau jointly organised the annual trade show.At the...

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Tk 2.5b schemes drafted to support women victims

The Department of Women Affairs has drafted Tk 2.5-billion schemes to identify, support and rehabilitate women and adolescents who were affected by the July uprising.The move has been taken to recognise their contributions and preserve historical records of the movement, which led to the ouster of Prime Minister Sheikh Hasina.On...

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Fuel prices up Tk 1.0 per litre from today

The government has increased the prices of all four types of petroleum fuel by Tk 1 per litre, effective from today (February 1), according to a gazette notification from the Energy and Mineral Resources Division, reports UNB. Under the new pricing, diesel and kerosene will now cost Tk 105 per...

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Prayer Timings (2025-02-01)

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