MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
The document provides an overview of the Indian banking industry. It discusses key trends such as rising credit growth, increasing assets and money supply, and growing interest income. Technology innovations and policy support are driving factors for future banking sector expansion. However, non-performing assets pose a risk, which regulators are taking steps like debt resolution plans and enhanced KYC checks to mitigate. Overall the market outlook for Indian banks remains positive due to continued economic growth, infrastructure investments, and banks' focus on new technologies.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
The document provides an overview of the Indian banking industry. It discusses key trends such as rising credit growth, increasing assets and money supply, and growing interest income. Technology innovations and policy support are driving factors for future banking sector expansion. However, non-performing assets pose a risk, which regulators are taking steps like debt resolution plans and enhanced KYC checks to mitigate. Overall the market outlook for Indian banks remains positive due to continued economic growth, infrastructure investments, and banks' focus on new technologies.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
The document provides an economic capsule with the following key points:
- Commercial Bank was named the most valuable private bank brand in Sri Lanka and won an award for social media brand of the year for the second year running.
- Sri Lanka's inflation rate increased in April 2019 driven mainly by higher non-food prices. The central bank governor sees a strong case for relaxing monetary policy.
- The central bank raised USD 165.5 million through Sri Lanka development bonds and plans to raise up to USD 2 billion in international bonds before elections. The CSE and LSE also signed an agreement to facilitate dual listing of Sri Lanka dollar bonds.
- Internationally, the US imposed restrictions on Huawei,
The document provides an economic capsule with information on banking and finance, the economy and business, and international news.
Key points include:
- Commercial Bank's 9-month post-tax profit crossed Rs 10 billion with a growth of 15.19% and other strong financial results.
- The bank was ranked 2nd in Business Today's Top 30 companies for the fourth consecutive year.
- The bank launched NFC-enabled premium credit cards for both Visa and Mastercard, a first in Sri Lanka.
- The 2017 budget highlights, implications for the banking sector including new taxes and regulations.
- Sri Lanka's external sector performance showed a 4.1% decline in exports for January to August 2016
This document provides a weekly summary of news related to Balmer Lawrie and other topics such as the Indian economy, government policies, and business sectors. The summary includes news about Prime Minister Modi's comments on expanding India's economy fivefold by 2040 through affordable energy. It also discusses updates on digital payments increasing after demonetization, the RBI cutting growth estimates, and plans for cashless salary payments in industries.
This weekly media update from Balmer Lawrie provides summaries of news articles from the previous week related to Balmer Lawrie, public sector enterprises, and industries relevant to Balmer Lawrie's business. The articles discuss topics such as India's improving foreign exchange reserves and import cover levels, economic recovery driven by some sectors like infrastructure, the rupee and interest rates providing higher returns than other emerging markets, slowing global growth predicted by the IMF, India's manufacturing sector contracting for the first time in over two years, options for the government to make up for shortfalls in disinvestment targets, changes to interviews in government and PSU recruitment, increased performance reviews for older PSU employees, and crude oil prices declining due to global cues.
Indian Oil's retail outlets in rural West Bengal have started dispensing cash to help with the cash crunch arising from India's demonetization of Rs 500 and Rs 1000 currency notes. Currently 56 outlets are providing this service, but over 150 outlets across interior Bengal will provide cash by November 19. Public sector oil companies like Indian Oil, Bharat Petroleum, and Hindustan Petroleum, in association with State Bank of India, are working to ease cash availability issues after demonetization. People can withdraw up to Rs 2000 per day by swiping their debit cards at select petrol pumps with SBI POS machines.
The document provides an economic capsule with the following key points:
- The base year and composition of Sri Lanka's Colombo Consumer Price Index was revised, increasing the non-food composition and annual inflation rate.
- Bottlenecks in Sri Lanka's trademark registration process could undermine benefits from complying with an international trademark system. Registrations take 3-5 years locally versus 18 months ideally.
- Sri Lanka's apparel industry faces labor shortages that could limit benefits from trade preferences, and some factories are relocating operations abroad due to issues finding skilled labor.
- Several infrastructure and economic development projects were announced or commenced, including an integrated logistics facility, smart meter factory, and sections
The document is a newsletter from the Research & Development Unit of Commercial Bank of Ceylon containing summaries of economic and business news from Sri Lanka and internationally.
Some of the key points from the Sri Lankan section include that business confidence slumped in March, inflation increased, private sector credit growth decreased, vehicle and tea output fell. Tourism arrivals also dropped in March.
Internationally, the newsletter notes that Bill Gates topped Forbes' 2017 rich list of billionaires which saw a record increase in the number of billionaires to over 2,000 total.
The newsletter provides concise summaries of recent economic indicators, business and industry news both domestic and international.
The document provides news clips from various media sources related to public sector enterprises (PSEs) in India and industries relevant to Balmer Lawrie. The articles discuss reforms being considered for central PSEs including fixing the tenure of chairmen, a new strategy for PSU disinvestment focusing on smaller firms, plans for more PSU stake sales in February and March to meet fiscal targets, a proposal to lower the government stake requirement for classifying a company as a PSU, and efforts to increase retail participation in PSU disinvestments. Crude oil prices and their impact on the Indian economy are also mentioned.
The document provides an overview of recent economic and financial news from Sri Lanka and around the world. Some key points:
- Commercial Bank was ranked the top private bank in Sri Lanka and 4th overall brand based on a new brand valuation study.
- Sri Lanka's economic growth slowed to 3.3% in Q3 2017 due to disruptions in agriculture. Inflation declined slightly but remained elevated.
- The IMF cut its growth forecast for the UK due to Brexit uncertainty and the World Bank will stop financing new upstream oil and gas projects after 2019.
The IMF has completed its second review of Sri Lanka's Extended Fund Facility arrangement and approved the disbursement of about $167.2 million. While noting that fiscal and tax revenue targets have been met, the IMF cautioned that Sri Lanka's high debt burden and financing needs require further consolidation. Moody's rates Sri Lanka at B1, balancing robust growth potential against high debt, low affordability, and external risks. Recurring natural disasters like floods and droughts negatively impact Sri Lanka's economy, causing an estimated $327 million in annual losses equivalent to 0.4% of GDP.
Cover Story A shaky vision for Financial Inclusion
Outlook US Dollar
Stats Share of Public sector in capital formation
Emerging Country Peru
In Focus USA is second to China in monetary stimulus
The document provides an economic summary for Sri Lanka and internationally:
- Domestically, tourist arrivals, earnings from tourism and remittances increased. Inflation decreased while credit expanded. The Central Bank governor urged the private sector to capitalize on growth opportunities.
- Internationally, the US Federal Reserve chair indicated interest rates may rise further. Trade deals with the US faced increased uncertainty. China's economic slowdown continued as industrial output and retail sales fell short of targets.
- Visa International opened an office in Sri Lanka to expand electronic payments. Government revenue in Sri Lanka rose substantially in 2016 compared to prior years.
The document provides a summary of economic indicators and news from Sri Lanka and around the world. It discusses topics such as:
- Fitch revising Sri Lanka's outlook to stable due to improving fiscal finances and credible economic policies.
- Sri Lanka's private sector credit growth remaining high at 21.9% in 2016.
- Sri Lanka's trade deficit expanding while tourism earnings and remittances increased.
- Sri Lanka's January tea output falling 15.3% due to adverse weather and policy changes.
- The Colombo port improving its world ranking to 23rd in 2016 due to infrastructure upgrades.
- India's GDP growth slowing slightly in the last quarter of 2016 while China's growth was 6
The document provides a summary of economic news from Sri Lanka and around the world. Some of the key points include:
- Commercial Bank of Sri Lanka won an award for its marketing campaign and signed an agreement with Bank Muscat Oman to facilitate money transfers.
- Sri Lanka's economy is projected to grow moderately under a new macroeconomic framework released by the Central Bank. However, high public debt and reliance on foreign borrowing pose risks.
- The IMF reached a staff-level agreement to provide Sri Lanka with a $1.5 billion loan to support fiscal reforms and debt reduction.
- Lifting of an EU ban on Sri Lankan fish imports is expected to boost the country's exports,
The document provides an economic capsule from September 2016 containing the following summaries:
1) The Commercial Bank of Maldives launched operations as a subsidiary of Commercial Bank of Ceylon and introduced new ATM machines offering advanced features like cardless cash deposits and bill payments.
2) Sri Lanka's GDP growth slowed to 2.6% in the second quarter but the Central Bank Governor expects a revision upwards and growth over 5% for the full year.
3) Colombo was ranked as the fourth fastest growing destination city globally between 2009-2016 based on overnight visitor growth.
The document summarizes recent economic developments in Sri Lanka. Dr. Indrajit Coomaraswamy was appointed the new Governor of the Central Bank of Sri Lanka. Commercial Bank partnered with Smart Metro to issue debit cards to tea leaf suppliers for payment. The bank also launched Sri Lanka's first remittance card. Moody's changed Sri Lanka's outlook to negative from stable due to fiscal and growth concerns. The IMF approved a $1.5 billion extended arrangement for Sri Lanka to support its balance of payments and macroeconomic policies. The Sri Lankan economy grew 5.5% in the first quarter of 2016 led by industry and construction.
This document provides a weekly media update from Balmer Lawrie, mentioning news related to the company, GOI, PSEs, and industries relevant to Balmer Lawrie's business. It includes news clips from March 14-18, 2017 discussing topics like the Indian economy strengthening after demonetization, exports growing, progress on implementing GST, and plans to increase domestic oil production. The update is intended to be uploaded on Balmer Lawrie's intranet and website every Monday.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
The document provides an economic capsule with the following key points:
- Commercial Bank was named the most valuable private bank brand in Sri Lanka and won an award for social media brand of the year for the second year running.
- Sri Lanka's inflation rate increased in April 2019 driven mainly by higher non-food prices. The central bank governor sees a strong case for relaxing monetary policy.
- The central bank raised USD 165.5 million through Sri Lanka development bonds and plans to raise up to USD 2 billion in international bonds before elections. The CSE and LSE also signed an agreement to facilitate dual listing of Sri Lanka dollar bonds.
- Internationally, the US imposed restrictions on Huawei,
The document provides an economic capsule with information on banking and finance, the economy and business, and international news.
Key points include:
- Commercial Bank's 9-month post-tax profit crossed Rs 10 billion with a growth of 15.19% and other strong financial results.
- The bank was ranked 2nd in Business Today's Top 30 companies for the fourth consecutive year.
- The bank launched NFC-enabled premium credit cards for both Visa and Mastercard, a first in Sri Lanka.
- The 2017 budget highlights, implications for the banking sector including new taxes and regulations.
- Sri Lanka's external sector performance showed a 4.1% decline in exports for January to August 2016
This document provides a weekly summary of news related to Balmer Lawrie and other topics such as the Indian economy, government policies, and business sectors. The summary includes news about Prime Minister Modi's comments on expanding India's economy fivefold by 2040 through affordable energy. It also discusses updates on digital payments increasing after demonetization, the RBI cutting growth estimates, and plans for cashless salary payments in industries.
This weekly media update from Balmer Lawrie provides summaries of news articles from the previous week related to Balmer Lawrie, public sector enterprises, and industries relevant to Balmer Lawrie's business. The articles discuss topics such as India's improving foreign exchange reserves and import cover levels, economic recovery driven by some sectors like infrastructure, the rupee and interest rates providing higher returns than other emerging markets, slowing global growth predicted by the IMF, India's manufacturing sector contracting for the first time in over two years, options for the government to make up for shortfalls in disinvestment targets, changes to interviews in government and PSU recruitment, increased performance reviews for older PSU employees, and crude oil prices declining due to global cues.
Indian Oil's retail outlets in rural West Bengal have started dispensing cash to help with the cash crunch arising from India's demonetization of Rs 500 and Rs 1000 currency notes. Currently 56 outlets are providing this service, but over 150 outlets across interior Bengal will provide cash by November 19. Public sector oil companies like Indian Oil, Bharat Petroleum, and Hindustan Petroleum, in association with State Bank of India, are working to ease cash availability issues after demonetization. People can withdraw up to Rs 2000 per day by swiping their debit cards at select petrol pumps with SBI POS machines.
The document provides an economic capsule with the following key points:
- The base year and composition of Sri Lanka's Colombo Consumer Price Index was revised, increasing the non-food composition and annual inflation rate.
- Bottlenecks in Sri Lanka's trademark registration process could undermine benefits from complying with an international trademark system. Registrations take 3-5 years locally versus 18 months ideally.
- Sri Lanka's apparel industry faces labor shortages that could limit benefits from trade preferences, and some factories are relocating operations abroad due to issues finding skilled labor.
- Several infrastructure and economic development projects were announced or commenced, including an integrated logistics facility, smart meter factory, and sections
The document is a newsletter from the Research & Development Unit of Commercial Bank of Ceylon containing summaries of economic and business news from Sri Lanka and internationally.
Some of the key points from the Sri Lankan section include that business confidence slumped in March, inflation increased, private sector credit growth decreased, vehicle and tea output fell. Tourism arrivals also dropped in March.
Internationally, the newsletter notes that Bill Gates topped Forbes' 2017 rich list of billionaires which saw a record increase in the number of billionaires to over 2,000 total.
The newsletter provides concise summaries of recent economic indicators, business and industry news both domestic and international.
The document provides news clips from various media sources related to public sector enterprises (PSEs) in India and industries relevant to Balmer Lawrie. The articles discuss reforms being considered for central PSEs including fixing the tenure of chairmen, a new strategy for PSU disinvestment focusing on smaller firms, plans for more PSU stake sales in February and March to meet fiscal targets, a proposal to lower the government stake requirement for classifying a company as a PSU, and efforts to increase retail participation in PSU disinvestments. Crude oil prices and their impact on the Indian economy are also mentioned.
The document provides an overview of recent economic and financial news from Sri Lanka and around the world. Some key points:
- Commercial Bank was ranked the top private bank in Sri Lanka and 4th overall brand based on a new brand valuation study.
- Sri Lanka's economic growth slowed to 3.3% in Q3 2017 due to disruptions in agriculture. Inflation declined slightly but remained elevated.
- The IMF cut its growth forecast for the UK due to Brexit uncertainty and the World Bank will stop financing new upstream oil and gas projects after 2019.
The IMF has completed its second review of Sri Lanka's Extended Fund Facility arrangement and approved the disbursement of about $167.2 million. While noting that fiscal and tax revenue targets have been met, the IMF cautioned that Sri Lanka's high debt burden and financing needs require further consolidation. Moody's rates Sri Lanka at B1, balancing robust growth potential against high debt, low affordability, and external risks. Recurring natural disasters like floods and droughts negatively impact Sri Lanka's economy, causing an estimated $327 million in annual losses equivalent to 0.4% of GDP.
Cover Story A shaky vision for Financial Inclusion
Outlook US Dollar
Stats Share of Public sector in capital formation
Emerging Country Peru
In Focus USA is second to China in monetary stimulus
The document provides an economic summary for Sri Lanka and internationally:
- Domestically, tourist arrivals, earnings from tourism and remittances increased. Inflation decreased while credit expanded. The Central Bank governor urged the private sector to capitalize on growth opportunities.
- Internationally, the US Federal Reserve chair indicated interest rates may rise further. Trade deals with the US faced increased uncertainty. China's economic slowdown continued as industrial output and retail sales fell short of targets.
- Visa International opened an office in Sri Lanka to expand electronic payments. Government revenue in Sri Lanka rose substantially in 2016 compared to prior years.
The document provides a summary of economic indicators and news from Sri Lanka and around the world. It discusses topics such as:
- Fitch revising Sri Lanka's outlook to stable due to improving fiscal finances and credible economic policies.
- Sri Lanka's private sector credit growth remaining high at 21.9% in 2016.
- Sri Lanka's trade deficit expanding while tourism earnings and remittances increased.
- Sri Lanka's January tea output falling 15.3% due to adverse weather and policy changes.
- The Colombo port improving its world ranking to 23rd in 2016 due to infrastructure upgrades.
- India's GDP growth slowing slightly in the last quarter of 2016 while China's growth was 6
The document provides a summary of economic news from Sri Lanka and around the world. Some of the key points include:
- Commercial Bank of Sri Lanka won an award for its marketing campaign and signed an agreement with Bank Muscat Oman to facilitate money transfers.
- Sri Lanka's economy is projected to grow moderately under a new macroeconomic framework released by the Central Bank. However, high public debt and reliance on foreign borrowing pose risks.
- The IMF reached a staff-level agreement to provide Sri Lanka with a $1.5 billion loan to support fiscal reforms and debt reduction.
- Lifting of an EU ban on Sri Lankan fish imports is expected to boost the country's exports,
The document provides an economic capsule from September 2016 containing the following summaries:
1) The Commercial Bank of Maldives launched operations as a subsidiary of Commercial Bank of Ceylon and introduced new ATM machines offering advanced features like cardless cash deposits and bill payments.
2) Sri Lanka's GDP growth slowed to 2.6% in the second quarter but the Central Bank Governor expects a revision upwards and growth over 5% for the full year.
3) Colombo was ranked as the fourth fastest growing destination city globally between 2009-2016 based on overnight visitor growth.
The document summarizes recent economic developments in Sri Lanka. Dr. Indrajit Coomaraswamy was appointed the new Governor of the Central Bank of Sri Lanka. Commercial Bank partnered with Smart Metro to issue debit cards to tea leaf suppliers for payment. The bank also launched Sri Lanka's first remittance card. Moody's changed Sri Lanka's outlook to negative from stable due to fiscal and growth concerns. The IMF approved a $1.5 billion extended arrangement for Sri Lanka to support its balance of payments and macroeconomic policies. The Sri Lankan economy grew 5.5% in the first quarter of 2016 led by industry and construction.
This document provides a weekly media update from Balmer Lawrie, mentioning news related to the company, GOI, PSEs, and industries relevant to Balmer Lawrie's business. It includes news clips from March 14-18, 2017 discussing topics like the Indian economy strengthening after demonetization, exports growing, progress on implementing GST, and plans to increase domestic oil production. The update is intended to be uploaded on Balmer Lawrie's intranet and website every Monday.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
Signature content of MTBiz is its Article of the Month (AoM), as depicted on Cover Page of each issue, with featured focus on different issues that fall into the wide definition of Market, Business, Organization and Leadership. The AoM also covers areas on Innovation, Central Banking, Monetary Policy, National Budget, Economic Depression or Growth and Capital Market. Scale of coverage of the AoM both, global and local subject to each issue.
MTBiz is a monthly Market Review produced and distributed by Group R&D, MTB since 2009.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
Signature content of MTBiz is its Article of the Month (AoM), as depicted on Cover Page of each issue, with featured focus on different issues that fall into the wide definition of Market, Business, Organization and Leadership. The AoM also covers areas on Innovation, Central Banking, Monetary Policy, National Budget, Economic Depression or Growth and Capital Market. Scale of coverage of the AoM both, global and local subject to each issue.
MTBiz is a monthly Market Review produced and distributed by Group R&D, MTB since 2009.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
Signature content of MTBiz is its Article of the Month (AoM), as depicted on Cover Page of each issue, with featured focus on different issues that fall into the wide definition of Market, Business, Organization and Leadership. The AoM also covers areas on Innovation, Central Banking, Monetary Policy, National Budget, Economic Depression or Growth and Capital Market. Scale of coverage of the AoM both, global and local subject to each issue.
MTBiz is a monthly Market Review produced and distributed by Group R&D, MTB since 2009.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
Signature content of MTBiz is its Article of the Month (AoM), as depicted on Cover Page of each issue, with featured focus on different issues that fall into the wide definition of Market, Business, Organization and Leadership. The AoM also covers areas on Innovation, Central Banking, Monetary Policy, National Budget, Economic Depression or Growth and Capital Market. Scale of coverage of the AoM both, global and local subject to each issue.
MTBiz is a monthly Market Review produced and distributed by Group R&D, MTB since 2009.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
Signature content of MTBiz is its Article of the Month (AoM), as depicted on Cover Page of each issue, with featured focus on different issues that fall into the wide definition of Market, Business, Organization and Leadership. The AoM also covers areas on Innovation, Central Banking, Monetary Policy, National Budget, Economic Depression or Growth and Capital Market. Scale of coverage of the AoM both, global and local subject to each issue.
MTBiz is a monthly Market Review produced and distributed by Group R&D, MTB since 2009.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
Signature content of MTBiz is its Article of the Month (AoM), as depicted on Cover Page of each issue, with featured focus on different issues that fall into the wide definition of Market, Business, Organization and Leadership. The AoM also covers areas on Innovation, Central Banking, Monetary Policy, National Budget, Economic Depression or Growth and Capital Market. Scale of coverage of the AoM both, global and local subject to each issue.
MTBiz is a monthly Market Review produced and distributed by Group R&D, MTB since 2009.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
Signature content of MTBiz is its Article of the Month (AoM), as depicted on Cover Page of each issue, with featured focus on different issues that fall into the wide definition of Market, Business, Organization and Leadership. The AoM also covers areas on Innovation, Central Banking, Monetary Policy, National Budget, Economic Depression or Growth and Capital Market. Scale of coverage of the AoM both, global and local subject to each issue.
MTBiz is a monthly Market Review produced and distributed by Group R&D, MTB since 2009.
Tarea 3 de recursos didacticos y tecnologicosESTARLYN15
Este documento describe diferentes recursos didácticos y tecnológicos, incluyendo un franelograma, montajes audiovisuales, webquests, casas del tesoro, y mochilas digitales. Estos recursos se utilizan para crear materiales de enseñanza visuales y actividades de investigación interactivas que aprovechan las herramientas en línea y móviles.
DC10 Jan Peter van den Toren - Innovatiebeleid en kennisontwikkeling - Innova...Jaak Vlasveld
Jan Peter van den Toren van Econn presenteerde tijdens de sessie Innovatiebeleid en kennisontwikkeling op het Diensteninnovatie Congres 2010 (DC10) in Almere.
Presentation Joost Visser / SIG - what can be green about software- Workshop ...Jaak Vlasveld
Green IT Amsterdam Region and the Software Improvement Group (SIG) organized the first workshop of the Green Software Community, with as theme 'Green Software Architecture'. For more information, please visit www.greenitamsterdam.nl/greensoftwarecommunity/
This is a presentation by Joost Visser / SIG on what can be green about software
This document summarizes a study on using green algae to treat dairy wastewater. It introduces the topic and outlines the aims and objectives of investigating the efficiency of dairy wastewater as a culture medium for green algae. The materials and methods section describes the wastewater collection process and experimental set up using different culture media. Results show that algae grew well in dairy wastewater, removing pollutants like phosphates and nitrates. Physico-chemical parameters of the treated wastewater like turbidity, solids and conductivity were reduced by over 50% after treatment with algae.
La hipófisis es un órgano alojado en la silla turca que consta de dos porciones: la adenohipófisis y la neurohipófisis. La adenohipófisis sintetiza hormonas y está compuesta por el lóbulo anterior y la porción tuberal. La neurohipófisis incluye la eminencia media, el tubérculo cinereo y el tallo infundibular, y forma el lóbulo posterior. La hipófisis se encuentra en el compartimiento hipofisario excavado en la silla turca y tiene rel
The annual report summarizes the activities of Sarah A. Reed Children's Center in 2014-2015. It celebrates the organization's 145 years of service in Erie, Pennsylvania helping children and families in need. Key highlights include expanding evidence-based programs, new partnerships with healthcare providers, a balanced budget, and progress realizing their vision to be the preferred behavioral health services provider. The report expresses gratitude for the committed staff and partners who continue the legacy of founder Sarah Reed in helping vulnerable children realize their potential.
How is technology transforming our use of ePortfolios? Benefits, Challenges a...John Couperthwaite
The document discusses ePortfolios, including different types and purposes of ePortfolios. It describes challenges around capturing information, presenting portfolios, and assessment. Examples of ePortfolio systems and requirements in healthcare are provided. Key points that could lead to ePortfolio implementation failure are listed, such as not getting stakeholders onboard, poor training, and technical issues. Succeeding with ePortfolios is said to require clear vision, planning, support, and alignment with policies. Future trends may include personalization, analytics, micro-credentials, and integrated professional data systems.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
The Indian banking sector has grown significantly in the last three decades, expanding its business activities beyond traditional banking. Mobile banking transactions in India are expected to reach $350 billion by 2015. Several government initiatives have been taken to improve banking regulation and increase access to financial services in rural areas. With India's continued economic growth and increasing consumer spending, the banking sector is poised for further expansion to capture the growing demand.
The document summarizes discussions from the 14th edition of FIBAC (Federation of Indian Chambers of Commerce and Industry-Indian Banks' Association Conference) on innovations and developments in banking technology and digital services in India. Key points discussed include:
- The RBI Governor emphasized the priorities of bringing down inflation and resolving distressed projects to help growth.
- Speakers called for deeper interest rate cuts and leveraging technology for financial inclusion in rural areas.
- Research from Boston Consulting Group found potential for over 300 million new digital banking customers in five years by adopting best practices from online shopping.
- Discussions focused on disruptive innovations transforming the sector through new banks and rapid digital advancements.
OCTOBER 2014 – FACT FILE {SPECIALLY DESIGNED FOR SBI ASSOCIATES PO AND IBPS C...Arun Es
This document provides a summary of news from October 2014 related to banking and finance, national news, international news, appointments, awards, and other topics. Some key points include:
- RBI governor Raghuram Rajan was awarded Best Central Bank Governor by Euromoney magazine.
- Federal Bank and Karur Vysya Bank won awards from IDRBT for their use of technology.
- Nobel Peace Prize was awarded to Kailash Satyarthi for his work fighting child labor in India.
- Prime Minister Modi announced a Rs. 1,000 crore package to help Andhra Pradesh recover from Cyclone Hudhud.
- Election Commission launched a video game
The document discusses various recent policy developments and initiatives in the Indian banking and financial sector:
1) The Supreme Court upheld the constitutional validity of Aadhaar but made it optional for certain services.
2) RBI will form a regulatory sandbox for fintech and set up data science labs to promote digital innovation.
3) IRDAI will shift to a risk-based capital regime to better assess insurance capital requirements.
4) RBI increased statutory liquidity ratios to boost liquidity in the banking system.
Three Bangladeshi banks, Janata Bank, IFIC Bank, and Bangladesh Development Bank Limited, are set to receive approval from the Bangladesh Bank today to adjust their capital market exposures. The deadline to comply with regulations limiting banks' share market exposures to 25% of capital ends today. Grameenphone is ready to offer 4G mobile services once it receives spectrum neutrality from regulators, as all of its 10,026 sites are already enabled for 3G. The Meghna Economic Zone developed by Meghna Group of Industries will receive the final approval to begin operations next month, with several local and foreign companies having already expressed interest in investing in industrial projects there.
Final gk-power-capsule-for-uiic-ao-sbi-clerk-mains-2016Reddy Sathya
The document summarizes recent news about the Reserve Bank of India and several major banks in India. Some key points:
1) RBI authorized several public and private banks to accept tax payments and released new guidelines for revival of small and medium enterprises.
2) Major banks like SBI, ICICI, and HDFC launched new loan and payment products while Yes Bank received a custodian license from SEBI.
3) Axis Bank's foreign ownership limit was increased and private banks like RBL and DCB launched new startup initiatives.
This Document shows latest changing in banking and finance system in Indian economy which is helpful for current affair for student who preparing competitive exam. For more detail visit us https://goo.gl/Z3dDJO
The Tata group withdrew its application for a banking license in India, deciding that its current financial services model better supports its domestic and overseas strategy. This leaves 25 other applicants, including companies from the Aditya Birla, Bajaj, and Reliance groups, still in the running for new private banking licenses that the Reserve Bank of India is expected to issue. Some analysts believe the high capital requirements and regulations around priority sector lending deterred some large corporate groups from applying for a banking license.
The document provides a summary of 23 financial news items from India. Some key points covered include: Arundhati Bhattacharya becoming the first woman to head SBI; LIC appointing its first woman managing director; India's foreign exchange reserves rising by $1.83 billion in a week; and the World Bank slashing India's GDP growth forecast to 4.7% for the current fiscal year.
Financial awareness capsule_sbi_po SIDDANNA M BALAPGOLSiddanna Balapgol
The document provides a summary of 34 financial news items from India. Some key points covered include:
- Arundhati Bhattacharya becoming the first woman to head SBI and several other leadership appointments at major Indian financial institutions.
- Increases in India's foreign exchange reserves but a widening current account deficit.
- Recommendations from committees to increase prices of diesel and cooking gas to reduce subsidies and raise revenues.
- Measures by the government and central bank around banking regulations, monetary policy, and fiscal management.
Indian Banking Moving towards a new landscape - Current Trends in Indian Ban...Resurgent India
Indian banks have been looking to diversify their sources of income away from interest rates due to economic fluctuations. Fees from services like asset management, wealth management, and treasury have become more significant sources of revenue. Supply chain financing is also growing in importance as a way to provide better liquidity to corporations. Indian banks have adopted technologies like mobile, analytics and cloud computing to improve customer experience and gain competitive advantages. While bank deposits continued growing in 2013-14 due to rising incomes, financial inclusion remains a challenge as only 35% of Indians are banked compared to 50% globally. The Reserve Bank of India is focusing on improving inclusion through initiatives like PMJDY.
Transaction costs are highest for traditional brick-and-mortar banking, but many customers have shifted to digital transactions after demonetization, reducing costs for banks and increasing profits. With the implementation of Basel III in 2018, banks will need to raise funds on their own while still being majority-owned by the government, except for IDBI Bank. The government's decision to reduce recapitalization funds for banks in the 2017 budget indicates banks will need to survive independently in the future.
Merger of Banks with Reference to Central Government Schemeijtsrd
The Banking Companies Acquisition and Transfer of Undertakings Acts of 1970 and 1980 provide that the Central Government, in consultation with the Reserve Bank of India RBI , may make a scheme, inter alia, for the amalgamation of any nationalised bank with any other nationalised bank or any other banking institution Various committees, including Narasimhan Committee 1998 constituted by RBI, Leeladhar Committee 2008 chaired by RBI Deputy Governor, and Nayak Committe 2014 constituted by RBI, have recommended consolidation of Public Sector Banks PSBs given underlying benefits synergies. Taking note of this and potential benefits of consolidation for banks as well as public at large through enhanced access to banking services, Government, with a view to facilitate consolidation among public sector banks to create strong and competitive banks, serving as catalysts for growth, with improve risk profile of the bank, approved an approval framework for proposals to amalgamate PSBs through an Alternative Mechanism AM . AM, after consulting RBI, in its meeting held on 17.9.2018, approved that Bank of Baroda, Vijaya Bank and Dena Bank may consider amalgamation of the three banks. Banks have since considered amalgamation and the Board of Dena Bank has recommended the same, while Boards of Bank of Baroda and Vijaya Bank have given in principle approval therefor. RBI has furnished bank wise total income of PSBs and private sector banks in the financial year FY 2017 18 in this regard, which is given in Annexure.Over the last four and half years, Government has pursued a comprehensive approach for addressing non performing assets NPA issues. Key elements are as under Recognising NPAs transparently Forbearance has been ended and stressed assets classified as NPAs under the Asset Quality Review AQR in 2015 and subsequent recognition by banks. Further, restructuring schemes that permitted such forbearance have been discontinued in February 2018. As a result, as per RBI data, Standard Restructured Assets SRAs of Scheduled Commercial Banks SCBs have declined from the peak of 6.5 in March 2015 to0.49 in September 2018.Resolving and recovering value from stressed accounts through clean and effective laws and processes A fundamental change has been effected in the creditor debtor relationship through the Insolvency and Bankruptcy Code, 2016 IBC and debarment of wilful defaulters and connected persons from the resolution process. A sizeable proportion of the gross NPAs of the banking system are at various stages of resolution in National Company Law Tribunal NCLT . To make other recovery mechanisms as well more effective, Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest SARFAESI Act has been amended to provide for three months imprisonment in case borrower does not provide asset details, and for lender getting possession of mortgaged propertywithin30 days, and six new Debts Recovery Tribunal DRTs have been established. As a resu
The document summarizes major scams, irregularities, and heists in the Bangladeshi banking sector over the past decade. It details several instances where state-owned, private, and foreign commercial banks embezzled funds totaling billions of taka through fraudulent loans and money laundering. In response, the Anti-Corruption Commission filed cases against bank officials and borrowers, while the Bangladesh Bank appointed observers or conducted audits at troubled banks. Overall, widespread corruption and mismanagement have undermined the stability and performance of the banking sector.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
BKash Limited is a leading mobile financial services provider in Bangladesh that was founded as a joint venture between BRAC Bank and Money in Motion in 2010. It has since expanded with investments from IFC, the Gates Foundation, and Ant Financial. BKash aims to increase financial inclusion in Bangladesh by providing convenient, affordable and reliable financial services via mobile phones. It utilizes Bangladesh's large mobile phone penetration rate to reach rural populations that lack access to formal banking. BKash has over 30 million users and a network of over 180,000 agents across Bangladesh.
Micro, Small and Medium Enterprises (MSMEs) play a major role in economic development, particularly in emerging countries.
MSMEs :
Contributes to the economic growth,
Enormous potential for growth
Potential for employment and income generation
for vast masses of the country.
Government pronouncements about “Make in India” are fundamentally based on these convictions.
There is heightened attention by the international community on MSME sector.
This is primarily because of the critical importance of job creation in the recovery cycle following the recent financial crisis, and the MSME’s potentials in that respect.
In Indian economy, MSME sector contribute :
45 % of the manufacturing output.
40 % of the exports.
There are 467.56 lakh enterprises in the MSME sector.
Provide the largest share of the employment after agriculture. Employment opportunities to 10.62 crore people across the country.
Rbi in need to act efficiently, effectively and pragmaticallyNeha Sharma
RBI has been among the best regulators in the world, managing the financial markets and various other important aspects of the Indian economy with a visionary, practical, positive and dynamic approach during more than last 5 decades.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
Here are the key points from the Central Bank section:
- The central bank has increased the public sector credit growth ceiling to 10.9% for the second half of the fiscal year, up from its previous projection of 8.5%, in light of higher growth in the first half.
- Interest rates on savings certificates offered by the central bank (around 12%) remain significantly higher than deposit rates offered by commercial banks (6-7%).
- The central bank's monetary policy statement projected GDP growth will be between 7.5-8.2% for fiscal year 2018-19.
- A priority is bringing down default loans by ensuring better corporate governance in the financial sector.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
This article discusses the Generalized Scheme of Preferences plus (GSP+) which is a special incentive arrangement granted by the European Union to vulnerable developing countries for sustainable development and good governance. Some key points:
- GSP+ provides full removal of tariffs on over 66% of EU tariff lines for countries that ratify and implement 27 international conventions on human rights, labor rights, environmental protection and governance.
- To qualify for GSP+, countries must meet vulnerability and sustainable development criteria assessed by the EU through monitoring of UN reports.
- Beneficiary countries commit to maintaining convention ratification and effective implementation, and accept EU monitoring to retain GSP+ status. The EU can withdraw status for non-compliance
This monthly business review discusses open banking APIs and their potential future impact. It provides an overview of open banking concepts, how APIs can improve the customer experience, and the types of APIs used. Open banking APIs may facilitate mobile app development, alliances, public access, device integration, and data analysis. The future of open banking is presented as extending beyond traditional banking through global partnerships and new financial/non-financial products and services.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Understanding how timely GST payments influence a lender's decision to approve loans, this topic explores the correlation between GST compliance and creditworthiness. It highlights how consistent GST payments can enhance a business's financial credibility, potentially leading to higher chances of loan approval.
How Does CRISIL Evaluate Lenders in India for Credit RatingsShaheen Kumar
CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
A toxic combination of 15 years of low growth, and four decades of high inequality, has left Britain poorer and falling behind its peers. Productivity growth is weak and public investment is low, while wages today are no higher than they were before the financial crisis. Britain needs a new economic strategy to lift itself out of stagnation.
Scotland is in many ways a microcosm of this challenge. It has become a hub for creative industries, is home to several world-class universities and a thriving community of businesses – strengths that need to be harness and leveraged. But it also has high levels of deprivation, with homelessness reaching a record high and nearly half a million people living in very deep poverty last year. Scotland won’t be truly thriving unless it finds ways to ensure that all its inhabitants benefit from growth and investment. This is the central challenge facing policy makers both in Holyrood and Westminster.
What should a new national economic strategy for Scotland include? What would the pursuit of stronger economic growth mean for local, national and UK-wide policy makers? How will economic change affect the jobs we do, the places we live and the businesses we work for? And what are the prospects for cities like Glasgow, and nations like Scotland, in rising to these challenges?
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
MTBiz April 2016
1.
2.
3. Contents
Disclaimer:
MONTHLY BUSINESS REVIEW
VOLUME: 07 ISSUE: 03
APRIL 2016
Article of the month 02
National News
The Central Bank 05
Banking Industry 08
MTB News & Events 11
Business & Economy 15
Industry Appointments 17
International News
Business & Economy 19
Economic Forecast 23
Wells Fargo Monthly Outlook 24
MTBiz is printed for non-commercial & selected individual-level distribution in order to sharing information among
stakeholders only. MTB takes no responsibility for any individual investment decision based on the information at MTBiz.
This review is for information purpose only and the comments and forecasts are intended to be of general nature and are
current as of the date of publication. Information is obtained from secondary sources which are assumed to be reliable but
their accuracy cannot be guaranteed. The name of the other companies, products and services are the properties of their
respective owners and are protected by copyright, trademark and other intellectual property laws.
MTBiz
Developed & Published by
MTB Group R&D
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All rights reserved @ 2016
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Preview
Cotton Outlook for Bangladesh
4. 02 MTBiz
ARTICLE OF THE MONTH
Bangladesh eyes to reach USD 50 billion of RMG export
by 2021. The average growth rate of last 5 years’ RMG
export was 16.11% booming as the largest RMG
exporter of the world. The country’s economic pulse is
to push its per capita income to reach the next marking
as Upper Middle Income Countries (UMIC) by 2021,1
as
per Bangladesh government’s 7th
appears to be a key for the country to reach this target
as the country’s RMG sector contributes to 82% (in
realizing its dream, the next one must be
absolutedependency on external market for RMG raw
preceding by China with a share of 35% (2014). By
2
average growth rate of 5%, during last 15 years
pose a threat for the country’s RMG sector, the largest
absolutely external.
example, in 2011 China took a policy of reducing
Cotton Outlook for Bangladesh
5. 03 MTBiz
ARTICLE OF THE MONTH
This unusual price hike marched the whole RMG
exporters’ targets in future. Due to price spike the knit
factories, RMG producers and exporters pose a
building stocks to reducing them in China is one of the
prices during the early years of the outlook period. By
world price in 2024 in real terms is expected to be 23%
China, India and Uzbekistan and the remaining is
3
Bangladesh imported, had come from India alone,
Bangladesh.
sourcing risks, which has become a challenge to
sourcing. Bangladesh must work closely with those
India 10178.2 11047.1
Uzbekistan 4806.6 4416.8
Source: Bangladesh Bank
140
130
120
110
100
80
70
60
120
100
80
60
40
20
0
mil.bales
6. 04 MTBiz
ARTICLE OF THE MONTH
of its economy supported by RMG sector’s growth,
import will be larger than current 10%.
suggests Bangladesh to see the bigger picture of future
smoothly.
1
2
3
4
5
6.00
5.00
4.00
3.00
2.00
1.00
0.00
2000M01
2004M01
2008M01
2012M01
2016M01
13 percent below last season, as lower area combined
with a reduced yield will push the global crop to its
a combined 51 percent of the world total, with
to 105.5 million bales.
decline in China’s stocks more than accounts for the
accelerate slightly in calendar years 2016 and 2017,
years.
to remain at 24.5 million bales for the third
4 5
7. 05 MTBiz
THE CENTRAL BANK
Chowdhury inaugurated the event as chief guest while
Director Subhankar Saha opened the ceremony with
comprehensive study to provide a set of data and insights
product design. These will be used to build dedicated
products and a delivery channel of women agents so that
they can accelerate female MFS use.
B a n g l a d e s h
Bank recently
said the
students below
six years of age
would also be
allowed to open
accounts with
the scheduled
products. The BB issued a circular to Managing Directors
central bank had taken the decision to extend the
central bank earlier allowed the students aged between 6
years and 18 years to open the school banking accounts
with the banks.
The central bank is set to strictly monitor whether the
banks are giving rewards to their good borrowers. In
central bank introduced the rebate policy in March last
such that they are encouraged to always repay their loans
rebate on their interest payments, as per the policy. The
policy for large borrowers, giving them a maximum of 12
years to repay loans above BDT 500 crore.
The central bank has
part of government's
s u s t a i n a b l e
development goals
(SDGs) set by the
of the Bangladesh Bank (BB) has been tasked with
sustainable monetary policy, agricultural credit polices
poor, banking services for the poor and underserved,
channel banking.
NATIONAL NEWS
8. 06 MTBiz
THE CENTRAL BANK
The Bangladesh Bank (BB) has introduced a guideline to
detail including the management of risk,” the
Bangladesh Bank (BB) said in its guidelines on foreign
an uncertain future. It is believed that generally the
The central bank has
ceiling using
Cards (ICC) for online
purchase threefold to
streamline the
electronic payment
system. Bangladesh Bank (BB) in its latest circular
issued recently stated that it has now been decided to
etc.) from reputed and reliable sources abroad.
BB has asked all banks to follow the updated guidelines
for internal control and compliance risk management.
and regulators have become momentous to ensure
smooth performance of the banking industry. It further
smooth performance of the banking industry.
10. 08 MTBiz
BANKING INDUSTRY
in order to facilitate online payments for individual
city hotel in individual level so that they can pay
Bank recently.
Bangladesh's First
assist readymade
Bank in launching the product.
the card, which will make it more secured and
Managing Director of the Bank inaugurates the Card
also present on the occasion.
NATIONAL NEWS
11. 09 MTBiz
BANKING INDUSTRY
Jamuna Bank organizes Free Medical Camp in Rangpur
FSIBL Donates BDT 15 Lac to DNCC for CCTV
Surveillance Project
UCB signed an agreement with Radisson Blu
AIBL opens two agent banking outlets in B'baria,
Comilla
12. 10 MTBiz
BANKING INDUSTRY
StanChart Bank sets up new ATM at Cox's Bazar
Banks' capital rises in Sept-Dec
Bangladesh & FSIBL
Standard Bank Limited (SBL) honoured highest
CAPITAL IN BANKS
71,754
In crores of taka
69,334
68,230
72,720
75,352
13. MTB NEWS & EVENTS
11 MTBiz
TOP BANKERS GREET NEW BB GOVERNOR
Date:
Venue:
MTB INDEPENDENT CUP SQUASH TOURNAMENT FINALE HELD
Date:
Venue:
MTB SIGNS AGREEMENT WITH BIMAN BANGLADESH AIRLINES
Date:
Venue:
14. 12 MTBiz
MTB NEWS & EVENTS
MTB CONTRIBUTES BDT 1 MILLION TO DNCC FOR CCTV
SURVEILLANCE PROJECT
Date:
Venue:
MTB WAS INVITED TO BENGAL GROUP’S DEALER - DISTRIBUTOR
CONFERENCE
Date:
Venue:
MTBCL SELECTED ISSUE MANAGER AND CORPORATE ADVISOR OF SIKDER
APPAREL HOSIERY LIMITED
Date:
Venue:
15. 13 MTBiz
MTB NEWS & EVENTS
MTB ORGANIZED HEALTH AWARENESS SESSION ON CANCER AT UNITED
HOSPITAL
MTB CELEBRATES INTERNATIONAL WOMEN’S DAY
Date:
Venue:
MTB CARDHOLDERS TO ENJOY FLEXIPAY FACILITY WITH REGENT AIRWAYS
Date:
Venue:
Date:
Venue:
17. 15 MTBiz
Deal on 1,224MW Banskhali coal power plant
BUSINESS & ECONOMY
18. 16 MTBiz
BUSINESS & ECONOMY
inclusion
India
Pakistan
Srilanka
China
Average
Cambodia
Vietnam
Bangladesh
14.1
16.2
19
34.6 34.8 36.2
45.7
52.4
56.2
67
Total cost of Rampal project: $1.8b
$1.48b
4.72
BY THE NUMBERS
DEVE
L
O
P
I N G 8 C O
U
N
T
RIES
D-8
TURKEYPAKISTANNIGERIAMALAYSIAIRANINDONESIAEGYPTBANGLADESH
D-8 Organization
for Economic Cooperation
D-8 Organization
for Economic Cooperation
19. 17 MTBiz
INDUSTRY APPOINTMENTS
New Governor of Bangladesh Bank
Kabir, former Senior
Secretary to the
Government of
Bangladesh, joined as
the 11th Governor of
Bangladesh Bank on
March 20, 2016.
Fazle Kabir started his
professional career in
1980 in the Railway
Commercial cadre of Bangladesh Civil Service. In 1983,
Magistrate of Kishoreganj district, Joint Secretary in the
2008 and 2010 and Bangladesh Bank from 2012 to
Prior to joining Bangladesh Bank, Fazle Kabir was
M.A. degree. In his professional career, he was a
A F M Shariful Islam appointed as Managing Director
of NBL
Arif Khan new CEO of IDLC Finance
Arif Khan has been appointed Chief
a commissioner of Bangladesh
began his career with AB Bank and
has worked with BAT Bangladesh,
Bangladesh.
WB's new country director for Bangladesh
The World Bank has appointed
Framework for Bangladesh, which
is now the largest recipient of
the job. He joined the WB in 1991 and held leadership
NATIONAL NEWS
21. 19 MTBiz
BUSINESS & ECONOMY
Four more banks get Myanmar licence
banks have been
given preliminary
a p p r o v a l t o
o p e r a t e i n
Myanmar, the
latest government
Shinhan Bank and the State Bank of India, the Global
of Myanmar. A total of 13 foreign banks have now been
region.
Look beyond ultra-easy policy for growth: G20
The world' stop economies
recently declared that they
need to look beyond
torpor, while renewing
spending were the main factors driving the
rates steady since May last year to keep its main
Reserve Bank governor Glenn Stevens said the bank
reached a deal to
strategic foothold
inChina's banking
billion, making it
the latest big
Generale SA in 2006. China's government originally
dangled in front of the foreign banks the tantalizing
prospect of being able to take majority control of
INTERNATIONAL NEWS
G20 Countries
GLOBAL
ECONOMY
GLOBAL
TRADE
WORLD
POPULATION
FOSSIL FUEL
EMISSIONS
90% 80%
66% 84%
22. 20 MTBiz
BUSINESS & ECONOMY
lenders more than a decade ago, seeking to gain a
growth market.
China, BRICS bank sign documents
Banks for
members of
Arabia, face
low oil prices
historically high levels. Moody's Investors Service
reported the banks for GCC members might get
oil price declines signal increasing challenges to the
Myanmar triples electricity supply expenditure
installed capacity of electricity of Myanmar rose from
electricity has
b e e n
60,000 villages
across the
M y a n m a r ' s
66 percent of electricity comes from hydropower, 29
customers in UK
HSBC is rolling
million banking
voice biometrics
23. 21 MTBiz
BUSINESS & ECONOMY
Systems, a provider
payment gateway services to the global market with
integrated payment processing to their global
merchants and partners.
mobile deposits
smartphone app and
instantly to several
company has also
make accelerated
bank and private label
ends meet, and check deposit delays and reversals
historically high levels. Moody's Investors Service
reported the banks for GCC members might get
push
India will consider merging some of its more than two
BluefinPayment Systems
R
IN
GOTM
24. 22 MTBiz
BUSINESS & ECONOMY
this year, said Binayak Shah, general secretary of Hotel
World's biggest miner adds USD 10b in boost to M&A
war chest
to recover. The
streets of Thamel
Wearable tech takes aim at health care costs
employees. One of the greatest challenges is how to
lifestyles.
planned to adopt the technology in coming years.
its more than 300,000 employees.
25. 23 MTBiz
ECONOMIC FORECAST
Outlook for Developing Countries: World Bank 2016
Figure: Developing-country outlook
rising. However, forecasts for 2016 have been
Europe and Central Asia:
Economic
Regional growth is projected to strengthen to an average
grappled with the protracted decline of commodity prices
Middle East and North Africa:
South Asia:
pace among all developing regions. Falling oil prices have
Sub-Saharan Africa:
and private investment.
INTERNATIONAL NEWS
A. Growth: Emerging and developing countries
Percent
10
8
6
2
0
India
China
Indonesia
Malaysia
Brazil
EFEAverage
B. Growth: Low-income countries
Percent
Ethiopia
Tanzania
Cambodia
Gambia.The
Afghanistan
10
8
6
2
0
26. 24 MTBiz
WELLS FARGO MONTHLY OUTLOOK
INTERNATIONAL NEWS WELLS
SECURITIES
FARGO
e .S. epartment of Commerce, IHS Global Insight and Wells Fargo Se es, C
2000 2002 200 2006 2008 2010 2012 201 2016
.S. Real G P
Bars = CAGR ine = Yr/Yr Percent Change
G P CAGR Q2 @ 3.9
G P Yr/Yr Percent Change Q2 @ 2.
Forecast
2002 200 2006 2008 2010 2012 201 2016
E rozone Real G P
Bars = Compo Rate = Yr/Yr Change
Compo d Ann al Grow Q2 @ 1.
ver Year Percent Change Q2 @ 1.
Forecast
0 0
U.S. Overview
real disposable income gains. Meanwhile, government
Global markets have calmed down considerably since
promises some cooler heads regarding the risks for the
improvement. However, there seems to be a feeling
that the worst has passed for emerging markets and the
to changes in monetary policy and growth prospects.