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State banks sit with most default loans

Eight state-run banks accounted for more than half of the Tk 88,589 crore default loans in the banking sector at the end of the first quarter of 2018 as their unbridled indiscipline continues to weigh down the entire industry.

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Govt will now go for direct procurement

The government has backtracked on its stance of going for a limited tendering for its billion dollar digital connectivity project to be bankrolled by Exim Bank of China.

Software makers in a tight corner

Local software developers have expressed concerns about the budget proposal that cut duty on imported software, saying the measure will help foreign products flood the Bangladesh market at the expense of domestic ones.

Microsoft offers charitable pricing for nonprofits

Microsoft has recently introduced charitable pricing for the nonprofit organisations in Bangladesh in line with its “Technology for social impact” initiative.

Abenomics' impact fading at sensitive moment for Japanese economy

Japan's “Abenomics” stimulus program is sputtering just as the government and the central bank wanted to tap the brakes, heightening the chance they will be forced to fight the next economic downturn with a near-empty policy arsenal.

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