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

Current account records surplus in two months

The country's current-account posted a record surplus in July-August period of the current fiscal year, amid the pandemic.The current account balance, a measure of the nation's trade and financial flows with other countries, rose to US$ 3.3 billion at the end of August, 2020, Bangladesh Bank statistics said. During the...

Having been forced to cut back on spending, a developer company leaves its rented office at Dilkusha Commercial Area

Having been forced to cut back on spending, a developer company leaves its rented office at Dilkusha Commercial Area in the city to move elsewhere on Saturday, as the coronavirus pandemic has hit the businesses hard. The photo shows workers loading the furniture of the office onto a truck outside...

BD sees lowest deaths in 127 days

Twenty people died of Covid-19 in Bangladesh in last 24 hours until Saturday noon, the lowest single-day fatalities in last 127 days, officials said. Official figures showed that 15 deaths were registered on May 28 last, 20 days after the presence of deadly coronavirus officially reported in the country.With the...

Trump treated with antibody cocktail

President Donald Trump has been treated with an experimental antibody cocktail for COVID-19 and is moving to a military hospital as a precautionary measure, White House officials said on Friday, reports Reuters.The president's physician, Dr Sean Conley, said in a statement that Trump "remains fatigued but in good spirits" after...

Experts pinpoint weak areas of capital market

Discussants said long term investments and proper coordination among the regulatory bodies should be inspired to ensure the due role of the country's capital market in national economy. Their observations came Saturday at a webinar titled 'The Role of Capital Market for Bangladesh's Development'.The Bangladesh Securities and Exchange Commission (BSEC)...

Net sales of savings tools double in two months

The net sales of national savings certificates have more than doubled in the first two months of the current fiscal year (FY) mainly due to lower interest rate, offered by the scheduled banks, on deposits.The government's net borrowing through selling savings tools jumped by 100.82 per cent to Tk 74.55...

18 Vietnam returnees get bail

Eighteen Vietnam-returned migrant workers, who were arrested by police under section 54, got bail on Saturday.Besides, the remaining detainees are expected to get bail on Tuesday, said advocate Salma Sultan, programme officer at Bangladesh Manabadhikar Bastabayan Sangstha.The rights group is providing legal aid for the detained workers in securing bail.A...

Project limping even after decade

The Bangladesh Bridge Authority (BBA) has sought three and a half years more to build an elevated expressway as it failed to complete it in a decade, officials said on Saturday.Although the BBA was committed to completing the land acquisition and ancillary work within three and a half years starting...

Briefing 04-10-2020

SCB to issue Tk 8.50b zero coupon bondStandard Chartered has received all the regulatory approvals for issuing Tk 8.50 billion Zero Coupon Bond. This would be the first Zero Coupon Bond issued by a foreign bank in Bangladesh. It marks another pioneering transaction for the bank in Bangladesh and is...