Some 125 publicly-traded companies in the manufacturing and service sectors have expressed fears of heavy losses due to the ongoing coronavirus outbreak. Among them, 116 companies are in the manufacturing sector, such as RMG, cement, ceramics, engineering, and tannery sector. The other nine are in the real estate and service sector. These companies are...
Bangladesh Bank has released initially Tk2,000 crore to banks from the government's Tk5,000 crore stimulus package. “We have already released Tk2,000 crore from the stimulus package after getting loans applications from the respective banks. However, 38 banks applied for Tk2,566.19 crore from the package,” said BB Executive...
বিমান বাংলাদেশকে চলতি মূলধন হিসেবে ১ হাজার কোটি টাকা ঋণ দিচ্ছে সোনালী ব্যাংক। সম্প্রতি ব্যাংকটির পরিচালনা পর্ষদের সভায় এ সিদ্ধান্ত হয়। এক বিজ্ঞপ্তিতে এ তথ্য জানিয়েছে সোনালী ব্যাংক। জানা যায়, করোনাভাইরাসের প্রাদুর্ভাব ছড়িয়ে পড়ায় এক মাসের বেশি সময় ধরে ডানা গুটিয়ে বসে আছে বিমান বাংলাদেশ এয়ারলাইনস। বহরে...
Coronavirus has left the UK banking sector with a tightrope to walk. The lockdown imposed to slow the spread of COVID-19 will inflict vast damage on the economy. Memories of how bankers became hate figures following the financial crisis have undoubtedly informed the sector's response. To avoid a...
The Bangladesh Bank would release new currency notes worth up to Tk 30,000 crore on the market on the eve of Eid-ul-Fitr, one of the biggest religious festivals for the Muslims. The denominations of new currency notes would include Tk 10, Tk 20, Tk 50,...
The Asian Development Bank (ADB) today approved a $100 million loan to support the Government of Bangladesh in its efforts to address the immediate public health requirements of combatting the novel coronavirus disease (COVID-19) pandemic. “ADB stands with Bangladesh in this difficult time when...
Foreign direct investment (FDI) in developing countries has a bad reputation. In some discussions, it is presented as tantamount to postcolonial exploitation of raw materials and cheap labour. However, recent data shows that FDI in developing countries increasingly flows to medium and high-skilled manufacturing sectors, involving elevated...
করোনাভাইরাসের কারণে অর্থনৈতিক ক্ষতি মোকাবেলায় কুটির, মাইক্রো, ক্ষুদ্র ও মাঝারি শিল্পের (সিএমএসএমই) জন্য সরকার যে ২০ হাজার কোটি টাকার চলতি মূলধন দেয়ার প্রণোদনা প্যাকেজ ঘোষণা করেছে, এর অর্ধেক অর্থের জোগান দেবে কেন্দ্রীয় ব্যাংক। এ জন্য ১০ হাজার কোটি টাকার একটি পুনঃঅর্থায়ন তহবিল গঠন করেছে বাংলাদেশ ব্যাংক। সোমবার...
By the end of 2020, at least 20 billion devices along with more than 5 billion people and businesses will be integrated through digital technology. Digital Financial Service (DFS) promises extensive development of new potential which should lead to an impactful competitive advantage - one of which...
Any bank employee who will be infected with Covid-19 during working in the bank will get Tk 5-10 lakh as insurance coverage and in case of death,  the victim’s family will get five times the amount as special grant, said a Bangladesh Bank circular. The circular, issued...