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

Private sector credit growth rises notably, crosses target

Private sector credit growth increased significantly in August mainly due to higher trade financing by banks for settling import payment obligations, officials and bankers said.The growth in credit flow to private sector rose to 17.84 per cent in August 2017 on a year-on-year basis from 16.94 per cent a month...

No lasting peace without inclusive development: IOM

International Organisation for Migration (IOM) Director General William Lacy Swing has said there can be no lasting peace in Rakhine State of Myanmar without inclusive development, report agencies."IOM, together with our UN partners, supports the recommendations of the Advisory Commission on Rakhine State established by Myanmar's Office of the State...

'Violation of BERC order' pushes up electricity generation costs

Business bodies, rights groups and left political parties in a maiden public hearing on power tariff cuts Thursday blamed 'flouting' of the energy regulator's order by the government and state-run entities for a rapid increase in electricity generation costs.Had the Bangladesh Power Development Board (BPDB) carried out the Bangladesh Energy...

Sinha prays at city temple, Anisul visits him

The Dhakeshwari temple's manager Tapan Bhattacharya said Thursday Chief Justice Surendra Kumar Sinha came to the temple and prayed, report agencies."Sinha came to the temple with his wife to offer prayers. He stayed for about 20 minutes", the temple manager said. Sinha then spent some time in the temple's office...

News Watch (6-10-2017)

PM returns tomorrowPrime Minister (PM) Sheikh Hasina returns home tomorrow (Saturday), wrapping up her three-week visit to the US and the UK. "The PM will reach the capital at 9.20 am on Saturday after attending the 72nd United Nations General Assembly (UNGA) session in New York," an Awami League (AL)...

Prayer Timings-6-10-2017

A man on his way back after buying a turkey

A man on his way back after buying a turkey weighing about 6.5 kg from the Jurain kitchen market in Old Dhaka at Tk 4,000 on Thursday. Poultry farms are increasingly rearing the fowl following the high demand locally. — FE Photo by Shafiqul Alam

US lawmakers discuss sanctions, halt to aid

Sanctions on Myanmar and withholding of US aid are among options for pressing that country's government to stop attacks on Rohingya Muslims, US officials said on Thursday, adding that they must be careful to avoid worsening the crisis, report agencies."We don't want to take actions that exacerbate their suffering. There...