The volume of classified loans in the agricultural sector bloated by over 27 per cent or Tk 11.16 billion in the just-concluded fiscal year, dodging a close watch by the central bank.
According to Bangladesh Bank (BB)'s latest statistics, the non-performing loans (NPLs) lying with farmers rose to Tk 52.41 billion in the FY 2016-17 from [...]

The non-resident Bangladeshis (NRBs) can obtain housing finance facility at a maximum debt-equity ratio of 75:25 instead of the existing debt-equity ratio of 50:50.
Bangladesh Bank (BB) issued a circular in this connection on Sunday.
Bankers at a roundtable on Thursday urged the government to allow a debt-equity ratio of 80:20 for home loan to the NRBs, [...]

Landslides triggered by heavy rains have left a woman killed in Bandarban with four others still missing, reports bdnews24.com.
The incident was reported on Sunday in the hill tract district's Ruma Upazila.
Upazila administration chief or UNO Muhammad Shariful Haque said the local army camp launched a rescue operation after the landslide which blocked the Bandarban-Ruma Road.
The [...]

The volume of plastic money transactions has not yet reached satisfactory level despite a rise over the years, speakers said at a programme on Sunday.
They also suggested providing tax incentives for plastic card users to help boost digital payments and ensure a cashless economy in the country.
According to them, along with other initiatives, tax incentives [...]

The National Board of Revenue (NBR) has decided to halve the excise duty for hajj passengers to ease their financial burden in purchasing air ticket.
With the excise duty reduction, air fare for each of the Saudi Arabia-bound pilgrims will be Tk 1,000. Currently, each hajj passenger has to pay Tk 2,000 as excise duty with [...]

The Supreme Court (SC) gave on Sunday the government another week to publish the gazette notification on the rules determining discipline and conduct of lower court judges, report agencies.
A six-member Appellate Division bench, headed by Chief Justice SK Sinha, passed the order following a petition filed by attorney general Mahbubey Alam.
On July 2, the apex [...]

Mehdi Musharraf Bhuiyan
The government and World Bank (WB) have recently agreed to form a US$ 5-million worth Bank Executed Trust Fund (BETF) facility to steer the results of the recently formulated Public Financial Management (PFM) Reform Strategy.
The duration of the scheme would be three years, and its necessary funding would come from the unspent money [...]

The government's much-vaunted step to send female migrants at free of migration costs has almost fallen through because of intermediaries, insiders have said.
According to the agreements between Bangladesh and Middle-Eastern countries, women outbound workers will secure job there at zero-migration costs.
The aspirant female migrant workers were told that employers would bear all the necessary expenses [...]

Bangladesh could suspend a plan to import rice from India due to high prices, the country's food ministry said on Thursday while a deal with Thailand edged closer.
Bangladesh, the world's fourth-biggest rice producer, has emerged as a major importer of rice this year due to depleted stocks and record local prices following flash floods.
It could [...]

Doulot Akter Mala
Government's tax authority plans to raid some organisations on a pilot basis to trace foreign workers evading taxes allegedly with the connivance of the employers.
Officials said the move came after taxmen had found a significant increase in foreign employees in different organisations and companies but the number of foreign taxpayers staying almost steady [...]