“The EU is seeking to expand its migration cooperation with rival Libyan authorities and affiliated armed groups as they escalate their campaign of racially discriminatory mass arrests, arbitrary detentions and unlawful mass expulsions of refugees, asylum seekers and migrants backed by xenophobic discourse,” the Britain-based rights group said. Since the death of longtime ruler Muammar […]
The CPD identified a number of barriers hindering rapid growth. On the residential front, cumulative import duties of 27.5 to 33.6 percent on panels and inverters drive up upfront costs, while banks shy away from small, long-term solar loans and Bangladesh Bank’s green refinance window suffers from heavy documentation burden and slow disbursement. Regulatory barriers, […]
REB data shows demand at 7:00 pm on Monday was 10,235 MW while supply was 7,338 MW. At 8:00 pm, demand increased to 10,447 MW with a supply deficit of 2,414 MW. Under the directions of PDB, coordination of power distribution among distribution companies is done through the National Load Despatch Center (NLDC) of PGCB. […]
It is a chronic disease, it is contagious, and like any other dangerous disease, prevention is better than cure. Once this infection spreads its strong tentacles, it is often untreatable. It squeezes the life blood out of all morality, honesty, integrity or any such values and principles. It is a deadly disease, Benjis. Given the […]
Commenting on there being nothing new in the proposed budget, Salehuddin Ahmed said, “The budget has been presented in challenging times. But I don't see anything new in it. The figures from the previous budget have just been shuffled around. It is being said that the budget is contractionary, but if you look at the […]
An announcement in this regard is likely to be made at the time of presentation of the national budget on June 6. Two years ago, an opportunity was given to legalize undeclared money with a 10 percent tax. But later it was cancelled due to lack of response. Although the next year an opportunity was […]
Responding to a question about bank mergers, Chris Papageorgiou said that this initiative of Bangladesh Bank is needed because of the 61 banks of Bangladesh, some are very strong while others are not. The IMF team expressed satisfaction that Bangladesh has introduced the monthly fuel oil price adjustment system. Chris Papageorgiou commented, “The authorities have […]
In a separate circular, the central bank has brought back the six-month moving average rate of treasury bills (SMART) system in determining loan interest rates, with a view to transition towards a completely market-based system for loan interest rates. Announced to take. At the same time, the upper and lower limits of the policy interest […]
Faisal explained how people from different communities in India are being threatened and instigated against other groups through social media. Moving forward, he stressed on increasing the integrity and transparency of social media. According to Rezwan Islam, communications and outreach coordinator at Engage Media, the roles of individual users, fact-checkers, journalists and others will be […]
Digital banks also cannot provide any over-the-counter services and must provide round-the-clock service. To provide better services to the consumers, developed technology-based products including virtual cards, QR codes can be introduced but no plastic cards can be supplied. However, consumers can use ATM booths and agents of other banks to avail the services. Apart from […]
The Bangladesh Shop Owners Association said the prices of 29 food products, including fish, meat, eggs, pulses and vegetables set by the Department of Agricultural Marketing (DAM) at the producer, wholesale and retail levels are absurd. The association also said that the prices estimated by DAM at the producer level are a figment of their […]
The Prompt Corrective Action (PCA) rules state that banks will be classified on the basis of five indices. They are – Bank Capital Adequacy Ratio, Tier-1 Capital Ratio, Common Equity Tier (CET1), Actual Defaulted Loans and Corporate Governance or Good Governance. Tier-1 capital ratio is shareholders' capital, which is the sum of the bank's capital […]