Finance News: Latest Financial News, Finance News today in Bangladesh

Making dollar bonds more attractive to NRBs

One cannot be sure about the response from the non-resident Bangladeshis (NRBs) to the proposed introduction of dollar bonds of lower denominations, but it will be worth trying. Given the level of income of most Bangladeshis employed abroad, mainly in the Middle East, Malaysia and some other Southeast Asian countries,...

Shining artificially in a dull market

The saying that every cloud has a silver lining does not seem to be true for the Bangladesh stock market. For nearly nine years since the collapse of the market in 2010, the market has never been truly buoyant. Some people resorted to tricks and manipulation on occasions to infuse...

Highway toll collection

Prime Minister Sheikh Hasina has instructed the authorities concerned to introduce a system of highway toll collection. Under the system long haul vehicles will have to pay taxes for use of a national highway. Vehicles owners, drivers, passengers and the general public, for understandable reasons, are unlikely to welcome the...

Potential of Sukuk in Bangladesh

The Bangladesh Bank (BB) has taken initiative to make Islamic bonds popular in the country. Accordingly, a working committee is now examining the possibility of introducing the central bank's repo facility against Islamic bonds to meet short-term liquidity requirement of the Shariah-based banks and non-bank financial institutions (NBFIs) as an...

Growing road safety concern

Reckless driving has snatched away yet another life as roads and highways have turned into death traps. A woman, who died of road accident in the city's Mohakhali area, left behind her daughter who would grow up without love and care of her mother. Unfortunately, rising incidence of road crash...

Stopping teenage gangs

The law enforcement personnel detained from the city's Hatirjheel areas more than 100 teenagers for their alleged involvement in gang culture and even crimes. It is a matter of concern that teenagers are seen driving cars, motorcycles at high speed, endangering their lives and those of others. That means, some...