Cash-strapped banks seem to be slowly bouncing back from liquidity crunch on cash feeding by the central bank that has handed out a record amount to the bankers.The improvement is basically reflected in two key liquidity-measuring indicators -- the volume of excess liquidity in banks and uninvested cash in vaults....
Read moreBANGKOK, April 25, 2024 (BSS): Prime Minister Sheikh Hasina today called upon world leaders to stand against all forms of aggression and atrocities, and say "no" to wars, as the precondition for sustainable development is lasting peace and security."We must speak out against all forms of aggression and atrocities, and...
Read moreAn International Monetary Fund (IMF) appraisal team suggests prompt measures for plugging fund leakages under social-safety net, enacting the pending banking-sector laws and lessening loads of non-performing loans (NPLs) within the set timeline.The team, which continues reviewing the progress Bangladesh has made so far in conducting reforms after obtaining a...
Read moreLocal internet users are likely to face disruption until at least the end of May, as fixing a damaged undersea cable is taking longer than expected due to new administrative complications in Indonesia, according to the authorities.The cable damage is located in Indonesian territory.Obtaining the necessary administrative permissions from the...
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