Considering the sheer volume of Beximco’s debt, the government does not think it’s feasible to reopen the textile and garment factories that were taken out of production by the group, Labour Adviser Brig Gen (retd) M Sakhawat Hussain said yesterday.
Bangladesh Bank will float it in March this year
Business delegations of the two nations sat in a meeting today at the FBCCI
The clearance will be issued on a consignment basis under certain conditions
The private bank plans to issue 1,200 bonds, each with a face value of Tk 1 crore, to bolster its Tier-2 capital under Basel III regulations and enhance its regulatory capital base.
Thousands of workers held a mass rally yesterday in Gazipur, demanding the reopening of all 16 factories which were shut down within the Beximco Industrial Park.
BB eases foreign travel policy for bank officials
The bank has been asked to submit another application nominating another suitable candidate
Exporters will face higher costs when getting loans from the Export Development Fund (EDF), as a new interest rate calculation method has been introduced for loans in US dollars
The Bangladesh Bank (BB) has increased the cash withdrawal limit from banks to Tk 5 lakh per account this week, up from Tk 4 lakh per account the previous week
Former managing director breaks silence for first time since S Alam took control of the bank in 2017
BB forms new five-member board for Exim, keeping three shareholder directors unchanged
The 12-member panel held its first meeting today, the next one on Sep 3
The banks have to disburse Tk 38,000 crore in FY25, a target 8.75% higher year-on-year
The regulator found Shakib and his company Monarch Holdings involved in several stock market manipulation
The S Alam Group is trying to sell properties that are not mortgaged to banks
The interim government has already contacted various foreign organisations seeking their assistance
