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IMF sees Bangladesh economy reaching $677b by 2030

Bangladesh’s economy could reach $677 billion by 2030, potentially surpassing the economies of Malaysia, Vietnam and Thailand in terms of nominal gross domestic product...

Ecolet to invest $15.91m in BEPZA economic zone

Dhaka-based Ecolet (Private) Limited is set to invest $15.91 million in BEPZA Economic Zone-1 in Mirsarai, Chattogram, Bangladesh. The investment agreement was signed between the...

Bank’s excess liquidity tops tk 4 trillion as credit demand weakens

Excess liquidity in Bangladesh’s banking sector has crossed Tk 4 trillion for the first time as private-sector demand for loans continues to weaken. According to...

BB secures Tk 41,000cr from 17 banks for industrial revival

Bangladesh Bank has signed agreements with 17 banks to mobilise Tk 41,000 crore under its Tk 60,000-crore incentive package aimed at reopening long-shuttered industrial...

Sammilito Islami bank files 10,000 cases to recover default loans

Sammilito Islami Bank Bank has filed around 10,000 lawsuits to recover defaulted loans and is preparing to initiate more legal proceedings, as the bank...

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