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

Muhith blames banks’ ballooning bad loans on govt 'interference'

FE ReportIn soul-searching over banking problems, Finance Minister AMA Muhith said Saturday government's increased "interference" is largely responsible for the ballooning bad loans state-owned banks (SoBs) are now burdened with.He particularly cited the state of affairs of Sonali Bank ltd that bears a large amount of classified loans, as the...

Bankers seek exemption from labour act

A proposal put forward for exempting banking companies from the purview of the labour act aiming to help protect the sector from possible challenges is now under scrutiny, sources said.After receiving the proposal, made recently by the Association of Bankers, Bangladesh (ABB), the finance ministry has referred the matter both...

Khaleda's six conditions to join general election

Urging the government to create a peaceful atmosphere in the country for the next election shunning its 'repressive acts', BNP Chairperson Khaleda Zia put forward six conditions on Saturday on her party's joining the parliamentary polls, reports UNB.The demands are holding the next general election under a polls-time neutral government,...

Buses are again being parked in front of the Mohakhali Bus Terminal

Buses are again being parked in front of the Mohakhali Bus Terminal in defiance of Dhaka North City Corporation's directive. Late DNCC Mayor Annisul Huq had taken special care to keep the terminal area traffic congestion-free. The photo was taken on Saturday. — FE photo by Shafiqul Alam

Local drugs relieve cancer patients of high price pain

Saif UddinLocal pharmaceutical companies are widening production of anti-cancer drugs, making those available at much lower prices in recent times, industry insiders said.At present, according to them, five companies are manufacturing the life-saving drugs in the country and they have their plans to expand the same while some others were...

UN says world failed to protect Rohingya women

Describing the situation of Rohingya women as very bad, visiting United Nations Under-Secretary-General and UN Women Executive Director Phumzile Mlabmbo-Ngcukaon said on Saturday the world failed to protect the Rohingya women, reports UNB."I think the world has failed...Their [Myanmar] country has failed them in a massive way. Everybody [women] has...

New Chief Justice takes oath

President Md Abdul Hamid has sworn in Syed Mahmud Hossain as the 22nd chief justice of the Supreme Court. Prime Minister Sheikh Hasina, senior members of her cabinet, top judges and lawyers of the Supreme Court, among others, were present at the oath-taking ceremony that started at the Bangabhaban at...

Swiss President arrives today

A red carpet is set to be rolled out as the President of the Swiss Confederation Alain Berset arrives in the city on a four-day official visit today (Sunday), the first official visit by any Swiss president to Bangladesh. President Abdul Hamid will receive his Swiss counterpart as he is...