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Banks' consumer lending growth defies BB order

Bangladesh, March 16 -- Leading commercial banks provide consumer finance that surpasses the growth rate of banks' total lending violating the central bank instruction, according to an investigation. ... Read More


Budget deficit grows in Q2 as revenue income tumbles

Bangladesh, March 9 -- The budget deficit widened to over Tk 162 billion during the second quarter (Q2) to December of the fiscal year, as increasing government spending overshot revenue earnings, acc... Read More


BD's domestic demand to expand at slower pace

Bangladesh, March 8 -- The Washington-based IIF said Bangladesh's broad-based domestic demand expansion would continue in the current fiscal year (FY), 2018-19, and also in the next FY, 2019-20, albei... Read More


Govt employees may get 25pc pay raise

Bangladesh, March 2 -- The government is considering raising pay and allowances of public servants by 25 per cent as part of "price adjustment," officials said. This includes an annual increment of 5... Read More


'Green blocks' for green building

Bangladesh, Feb. 25 -- Locally-invented "green blocks" are gradually becoming popular in the country's growing construction sector. These blocks are cheaper, environment-friendly and disaster-resilien... Read More


Railway to overhaul accounting this year

Bangladesh, Feb. 23 -- State-run Bangladesh Railway (BR) will launch its accounting reform this year as it is set to enter into the government's "iBAS" system aimed at ensuring transparency. Launched... Read More


Post-LDC challenge lies in incentivising exports

Bangladesh, Feb. 17 -- Bangladesh in all likelihood would face challenges in relation to its export trade, once it shakes off its least developed country (LDC) status. The existing incentive regime w... Read More


Incentive turf not even for all export products

Bangladesh, Feb. 16 -- All players on the export front are not getting equal treatment in their access to the indirect incentives, though those regulatory facilities cost the government billions in th... Read More


Incentive pays off as exports to new mkts on upswing

Bangladesh, Feb. 15 -- The government's efforts to incentivise the exporters reaching out to new markets beyond the traditional export destinations are paying off, people familiar with the matter have... Read More


Export performance of many sectors falls short of expectations

Bangladesh, Feb. 14 -- Exports from many sectors in the economy either took slow lane of growth or swung between their highs and lows despite subsidies doled out over the years. The sectors putting o... Read More