Uncategorized
CAMELS evaluation method
Enayet Karim: The criteria for measuring the performance of all the commercial banks including capital adequacy, asset quality, management soundness, earnings & profitability, liquidity and sensitivity to market risk (CAMELS) are as follows;Capital: In capital adequacy, only when a bank’s risk weighted asset to capital and reserve kept properly then…
Read More »What provoked ethnic violence in Manipur?
Asifiqbal Thakoor, Delhi: At least 120 people have been killed since May in armed clashes in Manipur, a remote state in northeast India with a history of ethnic conflict.Soldiers were rushed in from other parts of the country to contain the violence, and months later a curfew and internet shutdown…
Read More »Major Mannan defaulted Tk 52.25 cr in Dhaka Bank
Ayub Ali, Chittagong: The Sunman Group of Industries owned by the General Secretary of Bikolpo Dhara and businessman Major (Retd.) Abdul Mannan of the is a defaulting customer in several commercial banks and financial institutions. Pioneer Dresses Limited, Delta Fashion Limited and Sunflower Garment Limited are new additions to the…
Read More »PM inaugurates 27 dev projects in Rangpur
Rangpur Correspondent: Prime minister Sheikh Hasina yesterday inaugurated 27 newly constructed development schemes and laid foundation stone of five others, including Bangabandhu Sheikh Mujibur Rahman Novo Theatre, at a cost of over Tk 2000 crore in the district.She opened the development projects at a grand rally at the Rangpur Zilla…
Read More »Petrobangla not paying over Tk 22,584cr VAT
Petrobangla bank account may freeze again Zarif Mahmud: NBR is facing many questions and difficult challenges of not being able to collect the overdue revenue of government institutions. According to the latest calculations, the amount due to Petrobangla from 2009 to July 2021 is Tk 22,584.54 crore.NBR’s Large Tax Paying…
Read More »Adani Group offers to export another1,600 MW power to Bangladesh
Staff Correspondent: India’s Adani Group has placed a fresh proposal to export another 1,600 MW of electricity to Bangladesh, a source in the power division told the news agency recently.“The entire amount of electricity will be from renewable sources. Of this, 1,000 MW is solar power while the remaining 600…
Read More »PDB’s power purchase cost to be Tk 1 lakh cr
Mahfuja Mukul: Bangladesh Power Development Board (BPDB) has to buy almost half of the electricity from Independent Power Producers (IPPs) and rent-based centers to meet the country’s demand. In the financial year 2021-22, a total of 85,607 million kilowatt hours of electricity was produced. Out of this, 40,174 million kilowatt…
Read More »How India, US, and China can impact Bangladesh election
Mubashar Hasan: In December 2013, Bangladesh’s Awami League (AL) government faced a crisis of legitimacy ahead of the general election. The largest opposition party, the Bangladesh Nationalist Party (BNP), and its ally, the Jamaat-e-Islami Bangladesh (JIB), announced a boycott of the election, following the government’s rejection of their demand to…
Read More »Economy may be at high risk
Depreciation of taka against dollar Mahfuz Emran: In the future, the country’s economy may be at great risk if the value of the taka against the dollar falls. Because the government’s debt and subsidy costs will increase. Import costs will also come under pressure. This will increase the huge financial…
Read More »PM Hasina gets emotional over losses in fire
Staff Correspondent: Prime Minister Sheikh Hasina became emotional over losses to traders in the Bangabazar fire ahead of Eid-ul-Fitr and asked everyone to stay vigilant to such incidents, Planning Minister MA Mannan has said. Hasina shared her advice as she presided over a meeting of the Executive Committee of the…
Read More »
Hotels to be converted for Covid hospitals
Hospitals overwhelmed Staff Correspondent: The government is going to rent hotels for providing treatment …
