Bangladesh Bank (BB) has announced a special facility for flood-affected farmers and CMSME (Cottage, Micro, Small and medium enterprises) entrepreneurs to repay the loan installments. In this case, August installments of short-term agriculture and CMSME sector term loans in these areas can be repaid over three months. The Banking Regulations and Policy Department (BRPD) of…

Chief adviser of the Interim Government professor Dr Muhammad Yunus will be attending the 79th United Nations General Assembly (UNGA) later this month. However, his visit will be brief, said foreign affairs adviser Md Touhid Hossain today, Sunday. “However, the date of chief adviser’s departure has not been finalised yet,” he told reporters at the…

The death toll from the recent flood in 11 districts has climbed to 54 with 2 more deaths reported in Feni district till Friday, according to the report of Disaster Management and Relief Ministry. Among the deceased, 14 people died in Cumilla, six in Chattogram , 19 in Feni, eight in Noakhali, three in Cox’s…

The recent catastrophic floods have plunged southeastern and eastern regions across Bangladesh and severely impacted the livelihoods of countless people. In response to this urgent situation, Banglalink, a leading digital operator in Bangladesh, has signed a Memorandum of Understanding (MoU) with the Bangladesh Army on Saturday to urgently deliver immediate relief to the flood-affected people,…

The Awami League governments had borrowed heavily from local and foreign sources over the 15 years with the Sheikh Hasina government leaving behind a legacy of Tk 18.36 trillion in debts, mostly taken from domestic sources, and in particular from the country’s banking sector, according to an analysis of data on foreign and domestic borrowings…