Feb 22
Daily News Head Line
Tata may make passenger vehicles in Bangladesh PDF Print E-mail

Indian automotive giant Tata Motors Ltd plans to set up a passenger vehicle manufacturing plant in Bangladesh for domestic customers as well as markets in northeast India, said a top official of the company.

“Currently, we are conducting a feasibility study for setting up the manufacturing plant,” said Sujan Roy, head of the international business in the passenger vehicle business unit of the industrial conglomerate.

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Agent banking spreads like wildfire in remote areas PDF Print E-mail

Agent banking logged in stellar growth figures in 2017, just two years after full-fledged roll-out of the service, as people in remote areas embrace this innovative form of financial service.

For instance, deposit collection through agent banking soared more than 5 times to Tk 2,000 crore and remittance disbursement more than 6 times to Tk 1,982 crore last year.

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Janata sinks into despair for one large borrower PDF Print E-mail

A single borrower can create sufficient trouble for a bank by way of eating up profits and dragging down the capital base from positive to negative, if the current state of Janata Bank is any indication.

The state-owned bank is struggling to maintain its requisite capital after one of its clients, AnonTex Group, became a defaulter, leaving Janata with a significant provisioning obligation.

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Memoirs of a fervent patriot PDF Print E-mail

The eye specialist advised him to take a break from college while he was undergoing treatment but his family did not pay heed to the advice.

“I would attend classes, listen to lectures and take notes by barely looking at the notebook to minimise the use of my eyes,” said economist Nurul Islam in his book, 'An Odyssey: The Journey of My Life'.

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Businesses frustrated with lethargic reforms PDF Print E-mail

Businesses yesterday expressed frustration over the lack of improvement in the processes for doing business and the sluggish progress in implementation of reform measures.

The economy is buoyant, the macroeconomy, on balance, is positive; yet the private domestic and foreign investment are not showing the dynamism that is needed to accelerate growth to 8 percent, said Sadiq Ahmed, vice-chairman of the Policy Research Institute of Bangladesh.

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