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Economy

Farmers Bank to cut 40pc classified loans

WT24 Desk Farmers Bank Limited (FBL) has planned to cut at least 40 percent classified loans in 2019 as the bank wants to join the new era with new name for expediting its loan recovery process and ensuring the customer confidence. “We want ...

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Saudi firm signs deal to set up cement factory in BD

WT24 Desk Saudi business firm ‘Engineering Dimensions’ is going to set up a modern cement factory titled ‘Bangladesh Friendship Cement Company Limited (SBFCCL)’ at Chhatak upazila under Sunamganj district, Agencies report. Bangladesh Chemical Industries Corporation (BCIC) today signed a partnership ...

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