FE ReportRajshahi Krishi Unnayan Bank (RAKUB) will receive Tk 5.0 billion (500 crore) in loan under the Bangladesh Bank (BB) refinancing scheme to facilitate its lending operation, officials said.The specialised bank will take the short-term loan in November next at an interest rate of 5.0 per cent (bank rate). There...
Read moreFE ReportShimanto Bank Ltd (SMBL), a private commercial bank owned by the Border Guard Bangladesh (BGB) Welfare Trust, has planned to expand its banking services to countryside targeting the rural economy.In this regard, the bank has taken an initiative to open 30 more branches in border areas within next five...
Read moreState Minister for Power and Energy Nasrul Hamid said on Saturday unplanned urbanisation and industrialisation posed the biggest challenge to the power sector in ensuring uninterrupted power supplies, reports UNB.He made the remarks while addressing a roundtable on 'Power for All' at East West Media Auditorium in the city.With Daily...
Read moreMunima SultanaOver two-thirds of the national highways studied by the state-run Roads and Highways Department (RHD) to upgrade to four-lane ones are now at the investment stage.The department completed studies on 1,752 kilometres of highways in the first phase to turn the main artery into the four-lane ones in 2015...
Read moreThe National Board of Revenue (NBR) intensified its move to collect the outstanding Value Added Tax (VAT) under the Large Taxpayer Unit (LTU) aiming to achieve the revenue collection target for fiscal year (FY) 2018-19, reports BSS."As part of the move, NBR has sent letters to the large taxpayers asking...
Read moreIndia will help Nepal construct a rail link between capital Kathmandu and an Indian border town for smoother movement of passengers and cargo to the landlocked Himalayan nation, which neighbouring China is also trying to woo with a similar plan, reports Reuters.An agreement to study the feasibility of a rail...
Read moreThe government is going to undertake a project for safe water supply and sanitation facilities to improve the health and living standards of the Rohingyas in Cox's Bazar, who were forcibly displaced from Myanmar, reports BSS."The Planning Commission has already received a draft project proposal to this end from the...
Read moreThe Violet In Corporation and the Radisson Blu Chittagong Bay View have signed an agreement to arrange "The Grand Wedding Expo" from October 25-27, says a press release.General Manager of Radisson Blu Chittagong Bay View Robin Edwards and Managing Director of Violet In Corporation A. B. M. Khaled Mahmud attended...
Read more© 2024 - All Rights with The Financial Express
