07Sep
07Sep
Loan moratorium may be extended further
The central bank is likely to extend the ongoing moratorium on the payment of loan instalments by another three months to December as borrowers are still struggling to make a comeback from the coronavirus pandemic. The moratorium on bank loan payments was introduced in the middle...
07Sep
Korean relocation potential: Manufacturing of Electronics, Shipbuilding, Textile industries
[source: Textile focus] Korea and Bangladesh maintains a longstanding diplomatic and bilateral economic relation since independence of Bangladesh. Korea has been endowed with rich heritage of industrialization and five percent share of global trade. South Korea has been globally recognized for its unique productivity technique...
06Sep
Matarbari deep-sea port will include a 760m-long container and a multi-purpose terminal
Source: The Business Standard [Source: The Financial Express] The Matarbari power plant project was conceived in the government plan in September 2011 and received environmental approval in October 2013. The ground-breaking ceremony for the project was held in January 2018 as its operation is expected to...
06Sep
Bangladesh under Japan’s subsidy scheme
Japan last week included Bangladesh in the subsidy scheme in the matters of relocating its firms from China. Under the subsidy scheme, Japan government is providing financial assistance to the companies, shifting their plants from China to other suitable locations. The Japanese subsidy programme was initially...
06Sep
NBR to finalise draft income tax law by Sept
The National Board of Revenue has taken a move to finalise the draft of the new Income Tax Act-2020 by this month to expedite introduction of the new law. Officials said that the major objectives of the new law were to incorporate the international best practices,...
03Sep
Banks’ green financing drops
Financing by banks and non-bank financial institutions for environment-friendly initiatives has dropped by 16.83 per cent or Tk 513.38 crore in the April-June quarter against that in the previous quarter. In the April-June quarter this year, the banks and NBFIs have disbursed Tk 2,537.81 crore for...
03Sep
Canada, Netherlands join Gambia’s genocide case against Myanmar
Canada and the Netherlands will formally join The Gambia's legal bid to hold Myanmar accountable over allegations of genocide against its mostly-Muslim Rohingya minority in a move described by observers as historic. In a joint statement on Wednesday, Canadian Foreign Minister Francois-Philippe Champagne and his Dutch...
03Sep
Chief Executives Face Rising Accountability for Cyber Lapses
[Source: WSJ PRO] When a company is hacked, it isn’t just security and technology executives who could lose their jobs. Major attacks over the past several years show that even chief executives can be vulnerable. Read more ------------------------------------------- Our Comments: Chief executives lost their jobs amid cyber...
02Sep