Japan fails to secure VAT Exemption for JICA funded project in Bangladesh
Japan government’s hard fought prestigious Matarbari Power Plant Project in Bangladesh is in a dilemma over exemption of Value Added Tax (VAT) for the construction of …
Bangladeshi RMG Manufacturers Choking as Orders fell by 30%
Bangladeshi Ready-Made-Garment (RMG) manufacturers and related industries are chocking from poor cash flow mainly caused by massive discount and late payments by international retailers …
Non-performing Loans may Increase as Recovery Remains Slow
Loans to the vulnerable sectors in Bangladesh such as garment, textile, cement and tanneries will face significant pressure as they are yet …
Bangladesh’s $8 billion credit risk from the global retailers and brands
Bangladeshi Ready-Made-Garment (RMG) manufacturers are struggling to survive because of a poor cash flow caused by delays in payments by international retailers …
300,000 loan defaulters in Bangladesh officially
There are more that 300,000 loan defaulters in various banks and financial institutions across Bangladesh, Finance Minister AHM Mustafa Kamal has said. As …
Uttara Finance & Investments Ltd BDT 5,100cr scam: UTTARAFIN
1 crore =10 million & 1 EUR = BDT 102.67 Loan applications to financial institutions in Bangladesh require five layers of scrutiny before being …
Another $25m IFC loan to a Bangladeshi company PRAN
International Finance Corporation (IFC), the private sector development arm of the World Bank Group, has provided yet another $25 million loan to Pran-RFL …
EU Trade Preference GSP+ to Bangladesh Conditional
Preferential treatment of Bangladesh’s goods and services in the European Union (EU) market in the future will depend on implementation of 27 …
How prepared are Banks in Bangladesh absorbing COVID19 shock
one crore =10 million one EUR = BDT 101.16 By mid-July three of America’s biggest banks have set aside a combined USD …
Banks stressed assets not published in Bangladesh
1 crore (cr) = 10 million – BDT 96.91 = 1 EUR The central bank of Bangladesh, the Bangladesh Bank (BB) skipped …