No fuel and no cash, fuel keeps schools closed

Cash-strapped Sri Lanka on Sunday extended school closures for one week because there isn't enough fuel for teachers and parents to get children to classrooms, and the energy minister appealed to the country's expatriates to send money home through banks to finance new oil purchases. A huge foreign debt has left

Islami Bank okays 10pc cash dividend for 2021

Islami Bank Bangladesh Limited (IBBL) has approved 10 percent cash dividend for the shareholders for the year 2021, a press release said Tuesday. The approval was given at its 39th annual general meetiting on 21 June 2022. The meeting, held virtually, also approved financial statements for the year ended 31

Govt offers cash instead of food grains

Food ministry trims rice allocation for other ministries The distribution target of foodgrains through social security programmes including test relief (TR) and Food For Work has been cut by 7.25 lakh tonnes. The decision was taken by Ministry of Food due to low rice stocks and lack of foreign food aid. At the