Short-term corporate borrowing from external lenders has reversed a months-long decline, rising slightly to $11.40 billion as of June, according to central bank data, as firms seek to steer domestic economic challenges and tap into stabilising global financial conditions.According to businesspeople and bankers, a combination of factors is driving the...
Read moreThe finance ministry has asked the central bank to take necessary steps to provide more than $7.6 million for an instalment to the ICBC and Exim Bank of China under a buyer's credit syndicated loan agreement.Under the agreement, more than $129.26 million was borrowed from the ICBC and Exim Bank...
Read moreBangladesh Nationalist Party (BNP) Secretary-General Mirza Fakhrul Islam Alamgir said on Friday that party chairperson Begum Khaleda Zia would fly abroad soon for receiving advanced medical treatment.Mentioning her long struggle for democracy, he said, "No woman leader in the world has struggled for democracy like her (Begum). This housewife (Khaleda...
Read moreShoppers return to a holiday market in Dhaka's Motijheel area on Friday, a sign that life is slowly returning to normal despite struggling sales. — Focus Bangla
Read moreA Dhaka court on Friday placed former army officer Major General Ziaul Ahsan on eight-day remand in a case filed over the killing of hawker Md Shahjahan in New Market area of the capital during the anti-quota student movement.Arfatul Rakib, judge of the Chief Metropolitan Magistrate (CMM) Court in Dhaka,...
Read moreA Dhaka Court on Friday set September 22 to submit a probe report in a case filed against ousted Prime Minister Sheikh Hasina and 22 others over killing of a 26-year-old student, Md Sifat Hossain, amid a student movement in Mirpur, reports BSS.Dhaka Metropolitan Magistrate Zaki-Al-Farabi set the date after...
Read moreDhaka Metropolitan Police recovered Tk30 million in cash and foreign currencies worth Tk1.0 million from the residence of former Senior Secretary of the Disaster Management and Relief Ministry Md Shah Kamal. A team of DMP, acting on a tip-off, raided Kamal's residence at Babar Road in Mohammadpur area of the...
Read moreCOPENHAGEN, Aug 16 (AFP): Danish drugmaker Bavarian Nordic said Friday it was seeking European approval to use its mpox vaccine in children aged 12 to 17, after the WHO declared the current virus surge a global public health emergency.The World Health Organization (WHO) this week declared the rapid spread of...
Read moreVillage policemen form a human chain in front of the Jatiya Press Club in Dhaka on Friday, calling for a national pay scale, food rations and to be placed under the home ministry. — Photo Focus Bangla
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