Category: Economic

Defaulted loans have increased by more than Tk 3 lakh crore in a year

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Desk Report, Defaulted loans have increased by more than Tk 3 lakh crore in a year Bank loans distributed during the former Awami League government are becoming defaulters. Especially, the loans of many businessmen known to be close to the top leaders of the ousted party are becoming bad. Again, due to the current economic downturn in the country, the loans of many businessmen are becoming bad. Apart from this, defaulted loans are also increasing due to new policies. Defaulted loans are increasing in almost all banks, good and bad.…

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BRAC Bank’s profit increases in the second quarter

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Desk Report, BRAC Bank’s profit increases in the second quarter BRAC Bank’s profit increased in the second quarter of this year. The bank’s earnings per share (EPS) in the April-June quarter was 1 taka 54 paisa. It was 1 taka 25 paisa in the same period last year. BRAC Bank’s profit increases in the second quarter In addition, BRAC Bank’s profit per share increased in the first six months of the year. BRAC Bank’s earnings per share in the first six months of the year were 3 taka 56 paisa.…

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Heavy rain and flooding in Beijing kill 30, a year’s worth of rain in just a few days

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Desk Report, Heavy rain and flooding in Beijing kill 30, a year’s worth of rain in just a few days Heavy rain and flooding in the Chinese capital Beijing have killed 30 people as of midnight on Monday. Beijing has received almost a year’s worth of rain in just a few days, China’s state news agency Xinhua reported on Tuesday. Heavy rain and flooding in Beijing kill 30, a year’s worth of rain in just a few days Xinhua reported that heavy rain began in Beijing and surrounding provinces on…

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The era of renewable energy is knocking at the door.

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Desk Report, The era of renewable energy is knocking at the door. Human civilization is moving forward with the help of energy. From mastering the use of fire to using steam power, achieving milestones like nuclear fission—all are the contributions of energy. The era of renewable energy is knocking at the door. Today, we stand at the crossroads of a new era. A vast potential of renewable energy is looming before us. Almost all of the new electricity added last year came from renewable sources. Investment in the renewable energy…

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Hossain Khaled is the new chairman of City Bank

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Desk Report, Hossain Khaled is the new chairman of City Bank Hossain Khaled, the entrepreneur director of the private City Bank, has been elected as the chairman of the bank. He was elected at the meeting of the bank’s board of directors on Sunday. This information was given in a press release. Hossain Khaled is the new chairman of City Bank The release said that Hossain Khaled had previously served as the vice chairman of City Bank for seven years. He is a member of the executive committee and risk…

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India’s Commerce Minister says ‘great progress’ in signing trade deal with US

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Desk Report, India’s Commerce Minister says ‘great progress’ in signing trade deal with US India’s Commerce Minister Piyush Goyal has said that there is “tremendous progress” in the negotiations on a trade deal between India and the United States. He told reporters after signing a free trade agreement with the United Kingdom in London on Thursday. He is so optimistic even after multiple deadlines for signing the agreement between the United States and India have passed. India’s Commerce Minister says ‘great progress’ in signing trade deal with US US President…

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Janata Bank embezzlement of Tk 297 crore: ACC questions Professor Barkat

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Desk Report, Janata Bank embezzlement of Tk 297 crore: ACC questions Professor Barkat The Anti-Corruption Commission (ACC) has questioned the bank’s former chairman and economist Professor Abul Barkat in the case of embezzlement of Tk 297 crore from Janata Bank. Janata Bank embezzlement of Tk 297 crore: ACC questions Professor Barkat Abul Barkat was brought to the ACC’s Segunbagicha head office from the central prison on Sunday afternoon. A team led by ACC Assistant Director Shahjahan Miraj presented him there. Later, his first day of remand interrogation began. The investigation…

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BATBC sells cigarettes worth Tk 23,500 crore in six months

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Desk Report, BATBC sells cigarettes worth Tk 23,500 crore in six months The profits of the multinational British American Tobacco Bangladesh Company (BATBC), listed on the stock exchange, have plummeted. The company’s profits have fallen by more than half in the first six months of this year compared to the first six months of last year. However, the company’s cigarette sales have increased by 5 percent or more than Tk 1,000 crore during this period. BATBC sells cigarettes worth Tk 23,500 crore in six months The company released its half-year…

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Bottled water is most expensive in Switzerland

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Desk Report, Bottled water is most expensive in Switzerland We know that life cannot be imagined without water. But drinking water is becoming expensive day by day. Especially mineral water. A recent statistic says that the average price of a liter of bottled mineral water is 40 taka. The highest price of water is sold in Switzerland. In the country, one liter of bottled water costs at least 560 taka. In some cases, one liter costs as much as 1,590 taka. Bottled water is most expensive in Switzerland The non-profit…

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Government maintains previous tariff on jute exports

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Desk report, Government maintains previous tariff on jute exports The government has brought back the fee (fee) for the export of raw jute and jute products to its previous level. The government will now charge 2 taka for each bale of raw jute export as before. And it will charge 10 paisa against the export price of every 100 taka of jute products. Government maintains previous tariff on jute exports After 30 years, in April, through a notification, the government had fixed a fee of 7 taka for each bale…

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