Nonperforming loans in Bangladesh’s banking sector jumped to Tk 6.44 lakh crore at the end of September, which amounts to 35.7 per cent of all banking credit, the Central Bank said on Wednesday.
Bangladesh bank auctions six Beximco factories
At the time an independent board was established by the Bangladesh Securities and Exchange Commission (BSEC) to oversee the sale and operational management of Beximco’s factory units. “Bangladesh bank …
Devastating fire destroys crowded slum, leaves thousands homeless in Bangladesh
A devastating fire in a crowded slum in Bangladesh’s capital has destroyed 1,500 shanties and left thousands homeless …
Bangladesh yet to benefit from GI products: BUILD study
Moreover, many heritage items are at risk of losing their GI tag to other countries Despite securing the first geographical indication (GI) status in Bangladesh, the Jamdani industry is struggling …
Direct Pakistan-Bangladesh flights: Mahan Air to start Dhaka-Karachi services in December
Two Pakistani private airlines have recently been cleared by Bangladesh’s aviation authorities to operate direct flights.
A devastating fire destroys a crowded slum and leaves thousands homeless in Bangladesh capital
A devastating fire in a crowded slum in Bangladesh’s capital has destroyed 1,500 shanties and left thousands homeless. No casualties have been reported.
Job creation key to equality, faster poverty reduction in Bangladesh: World Bank
“For years, Bangladesh has been known for its success in poverty reduction. But with a changing global context, severe climate vulnerabilities and a slower rate of job creation, labour income has …
Bangladesh, Nepal seek climate finance less prone to debt spirals
BELEM, Brazil — Bangladesh and Nepal are taking steps to prevent climate change from spiraling into financial crises, as a recent report showed that the two South Asian nations, some of the region’s …
“Fascism Emerging”: Chorus In Bangladesh After ‘Baul’ Singer’s Arrest
A new political turmoil gripped Bangladesh after a prominent ‘baul’ singer was arrested over charges of blasphemy and making derogatory remarks during a musical performance.
Is Bangladesh’s economy really doing alright?
Prior to the political unrest of 2024, Bangladesh was also not on a strong economic path. This was despite 2022, when the country recorded a 7.10 percent GDP growth rate (Bangladesh Bureau of …