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As $2 5b import bill looms in Ramadan, BB opens crisis cell

When importers are having trouble opening LCs for daily commodities, the commerce ministry has estimated that $2.5 billion will have to be spent on the import of seven consumer goods to meet the increased demand during the forthcoming month of Ramadan set to begin in March. To keep the LC process smooth in the midst of the prevailing dollar crisis and to ensure the normal

Interest waivers by private banks rise 12-fold in Apr-June

Private banks seem to be waiving interests too generously, which bankers say, to ease recovery of loans that remained unpaid for a long time. In April-June this year, the waived loan interests registered a 12-fold jump to Tk2,557 crore from only Tk191 crore in the previous quarter, according to the Bangladesh Bank. Industry insiders say it is quite usual that lenders will

Remittance soars to $2 1 billion in July

Remittance soars to $2 1 billion in July
newagebd.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newagebd.net Daily Mail and Mail on Sunday newspapers.

Remittance hits five-month low of $1 87 billion

Remittance hits five-month low of $1 87 billion
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