Thu, 21 Nov 2024, 07:14 pm
Economy

Some directors behave like ‘owners’ of banks going beyond limit

Bangladesh Bank Governor Abdur Rouf Talukder said a section of directors in banks are considering themselves as ‘owners’ while other bankers facilitating the irregularities. “Ethics and good governance are important

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Matarbari deep sea port to be ‘game changer’ for Bangladesh: Salman

Prime Minister’s Private Industry and Investment Adviser Salman F Rahman said that the Matarbari deep sea port, expected to be become operational in 2026, would be a ‘game changer’ for Bangladesh.

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Sri Lanka leader says IMF deal imminent after China’s pledge

Sri Lanka’s president said Tuesday that China has given crucial debt restructuring assurances that mean the bankrupt Indian Ocean nation could get its $2.9 billion bailout package approved soon. President

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Foxconn: iPhone maker sees revenue slump as demand weakens

Apple’s biggest supplier Foxconn says its revenue last month fell by 11.65% compared to the same period in 2022 due to weaker demand for electronics. However, February revenue was more

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Chinese factories boom while Japan’s are in reverse

Manufacturers in Asia’s two biggest economies are performing very differently after the pandemic. Factory activity in China expanded last month at the fastest pace in more than a decade, official

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Remittance hits $1.33bn in 24 days of Feb

In a positive development for the economy, Bangladesh has maintained healthy growth in foreign remittance inflow, which is expected to somewhat alleviate the dollar crisis. The latest data from the

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Remittance hits $1.05bn in 17 days of February

Despite global economic crisis, Bangladeshi expatriates have continued sending home remittances, providing a boost to the economy amidst a shortage of dollars. Bangladesh received over $1.05 billion or approximately Tk112.54

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Energy firms not doing enough to cut methane: IEA

Oil and gas companies are not doing enough to cut methane emissions the International Energy Agency (IEA) said Tuesday, despite high energy prices making abatement measures mostly pay for themselves.

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Anxiety over mysterious bank loans

#Thousands of crores of taka released in the name of grocers and betel leaf salers #Banking experts want strong position of Bangladesh Bank The directors of various banks are ruining

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Govt to procure 33.60 lakh MMBtu LNG, 1.10cr litres soybean oil, 8,000 MTs lentil

The Cabinet Committee on Government Purchase (CCGP) approved separate proposals for procuring some 1 cargo or 33.60 lakh MMBtu LNG from the spot market, 1.10 crore litres of soybean oil and

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