Shakhawat Hossain  

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    Bangladesh faces challenge in maintaining domestic demand

    Shakhawat Hossain   | Updated at 12:38am on April 05, 2020

    The government is finding it very challenging to maintain the level of domestic demand due to the people’s eroding purchasing powers amid the shutdown extended...

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    Tk 5,000cr export stimulus package use to be delayed

    Shakhawat Hossain   | Updated at 12:13am on April 01, 2020

    The implementation of the Tk 5,000-crore stimulus package for the country’s export-oriented industries to cope with the economic downturn due to the coronavirus pandemic is...

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    Govt to open contributory fund amid revenue shortfall

    Shakhawat Hossain    | Updated at 12:03am on March 25, 2020

    The government is planning to operate a contributory fund opening participation of private sector in containing spreading of coronavirus amid revenue shortfall, officials said. Individual...

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    Govt plans subsidised food for urban poor

    Shakhawat Hossain   | Updated at 12:31am on March 23, 2020

    The government is planning to provide subsidised food to poor in urban areas, including the capital, in the wake of the coronavirus outbreak, said finance...

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    Tk 200cr more released to fight coronavirus

    Shakhawat Hossain     | Updated at 01:37am on March 22, 2020

    The finance division has released Tk 200 crore more to fight COVID-19 despite growing pressure on budget management against the falling revenue income. Finance division...

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    No let-up in foreign trips with project fund   

    Shakhawat Hossain     | Updated at 01:38am on March 18, 2020

    There was no sign of the government officials trying to limit the provision of fund allocation for overseas trips when framing projects despite repeated directives...

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    Defaulter BSFIC has Tk 142cr savings

    Shakhawat Hossain   | Updated at 01:12am on March 05, 2020

    Loss-making Bangladesh Sugar and Food Industries Corporation has maintained savings of Tk 142.02 crore in a bank account while it has failed to amortise its...

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    CAG audit finds former chairman involved in BASIC Bank loan scam

    Shakhawat Hossain    | Updated at 01:06am on March 01, 2020

    A government special audit report has identified dozens of anomalies in distributing loans by scam-hit BASIC Bank during the tenure of deposed chairman Abdul Hye...

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    Bangladesh Bank moves to deal with troubled banks 

    Shakhawat Hossain     | Updated at 11:36pm on February 15, 2020

    The Bangladesh Bank has taken an initiative to deal with troubled and weak banks as the number of such banks has been increasing over the...

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    Inconsistent policies creating imbalance in SCBs   

    Shakhawat Hossain     | Updated at 01:35am on February 06, 2020

    Inconstancies in policy decisions have created imbalance of mid-level managers in major state-owned commercial banks. The crisis is blamed for the poor performance by these...