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Over 40pc loans now classified as distressed

Over 40pc loans now classified as distressed

Staff Reporter : The amount of distressed assets in Bangladesh’s banking sector surged to Tk 6,75,030 crore by the end of June this year, according to the White Paper Committee on Bangladesh’s economy. This...

BD halves power buying from Adani

BD halves power buying from Adani

News Desk : India’s Adani Power has stated that it has received no indication that the Bangladesh government is considering a review of its power purchase agreement. Bangladesh has also halved its purchase of...

Reignite regional growth: CA

Reignite regional growth: CA

Staff Reporter : Chief Adviser to the Interim Government, Muhammad Yunus, has reiterated the importance of reviving the South Asian Association for Regional Cooperation (SAARC) to foster stronger ties and shared economic benefits among...

Privileged firms thrived at nation’s expense

Privileged firms thrived at nation’s expense

The White Paper on Bangladesh’s economy, submitted to the Chief Adviser on Sunday, highlighted significant concerns regarding the preferential treatment of politically connected businesses over the past decade, which has disadvantaged genuine investors. The...

Trillions embezzled from stock market

Trillions embezzled from stock market

Trillions of takas have been embezzled from the stock market through fraud, manipulation, placement shares, and deceit in the IPO process over the past 15 years during the tenure of former Prime Minister Sheikh...