Bad loan, high inflation inflate interest rates
FE Report Bad loans and high inflation jacked up bank-interest rates persistently until recently, thus inflating cost of credit and deflating investment and economic growth. A researcher placed such findings in a concluding-day session of the Bangladesh Economic Association (BEA) that shed light on the latest state of Bangladesh's economy,...
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Train schedules go haywire amid rush of passengers
Train services across the country suffered massive schedule mismatch on Saturday, amid ongoing foggy weather and extra pressure of passengers.The trains of different routes were 3.0 to 8.0 hours behind their respective schedules, raising woes of the travellers, according to a spot account from Kamalapur Railway Station (KRS) in the...
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BD, Bhutan bid for free trade
Bangladesh and Bhutan initiated negotiations for free trade and transit under bilateral arrangements to augment paltry business transactions between the two countries. Meanwhile, a four-nation sub-regional connectivity deal has been stalled for not being ratified by the upper chamber of Bhutan's parliament. Sources said the two neighbours opted for negotiation...
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Abul Kasem DCCI president again
Abul Kasem Khan
The 56th annual general meeting (AGM) of Dhaka Chamber of Commerce and Industry (DCCI) was held on Saturday reelecting Abul Kasem Khan as its president for the year of 2018. It also picked Kamrul Islam, FCA, and Riyadh Hossain as senior vice-president and vice-president of the trade...
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Fire breaks out at city steel mill
A fire broke out at a steel mill in Kadamtali area of the city early Saturday. The fire broke out at the 'Rahim Ispat and Steel Factory" around 1:30am. On information, two firefighting units rushed to the spot and doused the flame around 2:50am. No casualty was reported immediately. —...
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