Investment in NSCs soars in March after rate hike
Investment in national saving certificates rebounded strongly in March growing by over 400 per cent compared to the same month of the previous financial year because of increase in interest rates on bonds... Full storyStocks close flat amid thin trade
SCBs asked to recover 10pc of classified loans by this year
The Bangladesh Bank on Sunday asked the four state-owned commercial banks to recover at least 10 per cent of their classified loans by this year. The central bank also asked the banks to limit their... Full storyExport of flower, foliage exceeds target
Export of cut flower and foliage has exceeded the target by over 10 per cent as entrepreneurs found it to be an emerging industry of high potentials that widens the export basket, officials said in Dhaka on... Full storyDSE to urge banks to increase their participation in capital market
The Dhaka Stock Exchange would sit with the bankers on Tuesday to call for increasing their participation in the equities market. The Association of Bankers, Bangladesh, a platform of managing directors... Full storyS Korea central bank warns of surge in govt debt
South Korea’s government debt could surge above 100 per cent of the country’s annual gross domestic product by the year 2030 from just a little more than 34 per cent now, the country’s central bank said in a... Full storyGreek conservative leader vows to cut taxes, waste
Antonis Samaras, head of Greece’s right-wing New Democracy party that is tipped to win May 6 elections, promised Sunday to revive the economy by lowering taxes and curbing waste. Full storyLondon investors await recession news this week
The British stock market will focus this week on critical first-quarter growth data that will show whether or not the economy had slumped back into recession. Investors will also zero in on a raft of results from... Full storyGlobal finance chiefs press Europe to deliver debt fix
Iranian machines leave Afghan carpet industry threadbare
