Corporate

China-Russia set tough terms Zarif Mahmud : The foreign debt of the government has been increasing rapidly for several years. Among these are China, Russia’s tough terms and high interest loans. Due to these loans, the average interest rate of the government’s foreign debt repayment is increasing. Interest rates on…

Effect of increase in defaulted loans to bank In 2020, defaulted loans in the banking sector were Tk 88,730 crores. It increased to Tk 1 lakh 56 thousand crores in June. In two and a half years, defaulted loans have increased by Tk 67,270 crore or 76 pc Zarif Mahmud…

Farhad Chowdhury : Bangladesh’s economic growth was above 6 percent for more than a decade. At one point it crossed 7 percent and touched 8 percent. But the statistics of Bangladesh Bureau of Statistics (BBS) says that the country’s economy suffered a major shock after Covid. In that financial year…

Syed Nasir Hossain : Even though Ramadan, the month of moderation, is one and a half months away, the black shadow of unscrupulous businessmen has started falling in the market. The old cycle of cutting the pockets of the buyer is moving again. Chickpeas, edible oil, sugar, anchor dal, dates…

Rafiqul Islam Azad : Bangladesh is at high risk of the infectious disease HIV (human immunodeficiency virus) due to neighboring countries, including India and Myanmar. The other countries are Pakistan, Sri Lanka, Malaysia, Indonesia, and Thailand, according to experts.The AIDS infection rate in Bangladesh is 0.01 percent, which is very…

Industry Desk: The UN’s top court has ordered Israel to act immediately to prevent genocide in Gaza, but stopped short of calling for Israel to suspend its military campaign in the war-torn enclave. The International Court of Justice said Israel must take “all measures” to “ensure with immediate effect that…

Special Correspondent: The insurance sector grapples with a crisis of confidence amid rampant irregularities and corruption. Funds are being misappropriated, leaving many unable to withdraw insurance claims despite prolonged attempts.Victims and experts emphasize that transparency and good governance are crucial to restore trust in the sector. At a dialogue titled…

Syed Nasir Hossain : Pakistan has the highest food inflation in the South Asian region. Bangladesh is in the next position. Like Bangladesh, India and Bhutan also experienced an increase in food price inflation towards the end of last year. In the rest of the countries, food inflation is on…

ACC searching culprits Staff Correspondent : The incident of theft or disappearance of 61 kg of gold from the locker of the customs department of Hazrat Shahjalal International Airport was revealed four months ago. Although the initial amount of gold recovered was 55 kg. Although some of the lower-level officials…