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Khosru says bad loans at nine state-owned commercial banks climbed to nearly Tk 2tn

Bangladesh, July 12 -- Defaulted loans at Bangladesh's nine state-owned commercial banks have surged to around Tk 1.89 trillion, Finance Minister Amir Khosru Mahmud Chowdhury has told parliament. Cit... Read More


Garment exporters using local yarn to get 5% cash incentive

Bangladesh, July 12 -- The government has raised the alternative cash incentive for the textile sector from 1.5 percent to 5 percent, boosting support for garment exporters using locally produced yarn... Read More


Finance Minister Khosru says new IMF deal will put public interest first

Bangladesh, July 12 -- Finance Minister Amir Khosru Mahmud Chowdhury has said Bangladesh will pursue a new IMF loan programme, describing the previous agreement under the Awami League government as "e... Read More


Man killed in 'cylinder blast' at Old Dhaka's Bangshal warehouse

Bangladesh, July 10 -- A man has been killed and another critically injured in a suspected gas cylinder explosion at a motorcycle parts warehouse in Old Dhaka's Bangshal. The blast struck the warehou... Read More


Next general election will be held under caretaker government, law minister says

Bangladesh, July 9 -- Law Minister Md Asaduzzaman has said the next general election will be held under a caretaker government, reaffirming the government's political commitment to restoring the syste... Read More


Floods and cyclones caused Tk 400bn in losses in Bangladesh over five years: minister

Bangladesh, July 9 -- Floods and cyclones caused an estimated Tk 412 billion in damage across Bangladesh between 2021 and 2025, Disaster Management and Relief Minister Asadul Habib Dulu has said. Res... Read More


Home minister urges Vietnamese traders to invest, import medicine from Bangladesh

Bangladesh, July 8 -- Home Minister Salahuddin Ahmed has called on Vietnamese businesspeople and entrepreneurs to invest in Bangladesh and to import Bangladeshi pharmaceutical products at affordable p... Read More


EC begins dialogue with stakeholders on election observer recommendations

Bangladesh, July 8 -- The Election Commission (EC) has begun a dialogue with stakeholders to discuss recommendations on election observation as it weighs reforms ahead of future polls. The commission... Read More


Government will keep Teletalk, upgrade network instead: ICT minister

Bangladesh, July 7 -- The government has ruled out selling state-owned mobile operator Teletalk despite interest from several companies in buying or partnering with it. It has instead planned to upgr... Read More


Bangladesh police ready to face Haiti unrest challenge: home minister tells UN

Bangladesh, July 7 -- Home Minister Salahuddin Ahmed has informed the UN that Bangladesh Police has completed preparations to face the challenge of the current unstable and complex security situation ... Read More