Non-performing loans (NPLs) in Bangladesh’s banking sector hit a new record in June as withdrawal of a relaxed central bank policy, slowdown in business sales and deliberate non-payments pushed up the volume of bad loans to Tk 1,56,039 crore, central bank data showed.
Bangladesh’s foreign exchange reserves slipped below $22 billion yesterday after the central bank cleared import bills amounting to $1.36 billion through the Asian Clearing Union (ACU) and sold US dollars to banks.
Bangladesh spent the highest, over Tk 10,000 crore, behind the import of each of nine products in fiscal year (FY) 2022-23 although some 4,788 types of goods enter through the Chattogram port.
To achieve the goal of Smart Bangladesh, everyone should come forward by encouraging and supporting the innovative projects of young entrepreneurs, according to Member of Parliament of Reserved Women's seat-31 Waseqa Ayesha Khan. She made this remark while attending the grand finale of a business idea competition organised by the non-profit organisation Drishti Chittagong at a