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Take loans, leave country: How some Ctg businesses are avoiding paybacks

A large number of loan defaulters leaving the country and settling abroad has put the banks and financial institutions in Chattogram in a crisis. According to banks, industry insiders, lawyers, and court officials, 33 owners of 22 business organisations in Chattogram have left the country in the last one decade after borrowing around Tk20,000 crore. Eleven of these businessmen

Consumers bracing for further belt-tightening

Prices of groceries which witness peak demand during Ramadan, the holy month of fasting for Muslims, have swelled significantly year-on-year owing to hikes in import and transportation costs alongside the value of dollar.

Ex-BCL leader Babli charged in Dhamrai cattle theft case

Dhamrai police today pressed charges against seven people including Babli Akhter, former student affairs secretary of Dhaka district north unit of Chhatra League, in a case filed over cattle theft last year.

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