Banks' non-performing loan (NPL) volume reaches a record-high of over Tk 2.11 trillion as of last June-end, official statistics show and economists worry over its domino effect. Bankers and economists say the pressure on the banking sector continues mounting under the load of NPLs or classified loans and weakens the...
Read moreBusiness leaders have sought necessary steps from the interim government to ensure security in the industrial units amid suspension of production at several units over labour unrest for last couple of days. They made the appeal at a meeting with Chief Adviser Dr Muhammad Yunus at the State Guesthouse Jamuna...
Read moreDhaka Elevated Expressway (DEE), the country's first road-access-control infrastructure, celebrated one year of inauguration on Tuesday, recording 12.7-million traffic during the period with domination of the lowest-toll-charged vehicles.According to data, Tk 1.04 billion was collected in tolls for using the 11.5-km DEE since its opening on 03 September 2023.However, 98...
Read moreFifty-seven Bangladeshi expatriate workers who were jailed for staging protests in the United Arab Emirates to express solidarity with the anti-quota student movement in Bangladesh, have been pardoned following a bold initiative taken by Chief Adviser Prof Dr Muhammad Yunus.UNB adds: Chief Adviser Prof Muhammad Yunus has highly appreciated "benevolent...
Read moreIndia has prevailed upon negotiators to keep transmission charge "variable" for using its line to transmit electricity from Nepal into Bangladesh which the finance division finds irrational.The Power Division negotiated with India that it will get Tk 0.76 per unit for trans-border transmission of electricity from Nepal into Bheramara of...
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