10 banks face provision shortfall of over Tk 31,000cr

Ten banks, including six private commercial ones, had faced a provision shortfall of around Taka 31,549 crore in total at the end of June this year, as per the latest data of Bangladesh Bank (BB). The banks are National Bank, BASIC Bank, Agrani Bank, Rupali Bank, Bangladesh Commerce Bank, Dhaka Bank,

BPDB’s outstanding bills surge to Tk 45,000cr

Bangladesh Power Development Board (BPDB) is grappling with a staggering Tk 45,000 crore ($4 billion) in outstanding bills, a burden that has become a critical issue for the newly formed interim government. The latest financial assessment, conducted after the fall of the Awami League government, has been submitted to the

S. Alam Group to invest Tk 58,000cr in BEZA

S. Alam Group, one of the leading business conglomerates of the country, is in the process of investing more than Tk 58,000 crore in two special industrial zones approved by Bangladesh Economic Zones Authority (BEZA). When the operation of these two special economic industrial zones under construction in Banshkhali of Chattogram

Desun Hospital to invest 1,000cr in Bangladesh

India's Desun Hospital has announced to invest Tk1,000 crore to establish hospitals in Bangladesh. “The goal is to provide state-of-the-art medical services at affordable prices,” Sajal Dutta, chairman and managing director of Desun Hospital, made the announcement at a press briefing in Dhaka. They have planned to make the investment within five