Banking

Bangladesh’s banks’ CDR falls below 70% in July

The credit-deposit ratio (CDR) of all banks fall below 70% again in the middle of July following availability of foreign currency loan with lower interest rate

Apparel

Bangladesh’s RMG makers to join Paris apparel expo

More than one dozen Bangladeshi readymade garment (RMG) manufacturers are respected to participate in apparel expo titled ‘Texworld – Apparel Sourcing’ in mid-September in Paris

Treasury

Dollar lower as asia stocks slump

The dollar was lower against the yen and the euro in Asian trade Monday, with weakness in Asian stock markets again prompting flights to the perceived safety of the Japanese and eurozone currencies.

Business

Fresh data confirms China slowdown

China's factory activity contracted at its fastest pace in three years in August, confirming fears that the country's growth is continuing to slow.

National

Saudi firms stop hiring costly domestics from Bangladesh

Saudi recruitment offices stops recruiting housemaids from Bangladesh because they are not happy with the recruitment fee of SR7,000 per head decided by the Labor Ministry, according to local daily Al-Watan.