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

Loan terms mismatch leads to NPL buildup, liquidity crunch

The banking sector in the country is now trapped into "loan terms" as banks take short-term deposits from clients, but provide long-term loan to industries, speakers said on Saturday. They said the loan term gaps in banks have led to a substantial amount of non-performing loans, liquidity crisis and higher...

The infrastructure of metro-rail is gradually becoming visible, as its work has been simultaneously going

The infrastructure of metro-rail is gradually becoming visible, as its work has been simultaneously going on in many areas across the capital. The photo was taken from Taltola Rokeya Shoroni on Saturday — FE Photo by KAZ Sumon

Chinese minister pledges to prod Myanmar

China has assured the foreign minister of encouraging Myanmar to start the repatriation of the displaced persons to the Rakhine State. State councilor and foreign minister of China Wang Yi told his Bangladeshi counterpart Dr. A. K. Abdul Momen that his country China would continue to host trilateral meetings among...

NBR chief bullish even as tax collection falters

The National Board of Revenue (NBR) chief on Saturday said the country's overall economic activities are good enough to help achieve the tax revenue collection target set by the government.He listed the tendency of businesses to make excessive profit, collusion between corrupt businessmen and taxmen, and the maintenance of double...

Wari child was raped before murder: Police

The child, who was strangled in an empty flat in Old Dhaka's Bonogram, was raped before being murdered, police said. Dr Sohel Mahmud, chief of the forensic department of Dhaka Medical College Hospital, confirmed the rape of this seven-year-old girl on Saturday citing evidence found in the medical test, reports...

Spike in onion prices

Prices of onion increased by Tk 5.0 a kilogram (kg) in the capital's kitchen markets on Saturday, adding woes to the consumers further.Traders attributed this hike in onion prices to a short supply of local varieties and a rise in import costs.But market watchers find syndicate's hand in the spike.Local...

PM briefs media on China visit tomorrow

Prime Minister Sheikh Hasina will hold a press conference tomorrow (Monday) to brief journalists about the outcomes of her just-concluded visit to China. The press conference will be held at PM's official residence Ganobhaban at 4.00pm. Sheikh Hasina returned home on Saturday concluding her five-day official visit to China. —...

Traffic ASI killed in city truck accident

A traffic police was killed as a truck hit him at the Jatrabari intersection early Saturday. The deceased was identified as assistant sub-inspector Mohammad Khairul, 32. Dhaka Medical College Hospital (DMCH) police camp In-Charge Bachchu Miah said a truck hit ASI Khairul at around 2:30 am at the Jatrabari intersection,...