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

PK Halder willing to come back, refund swindled billions

Proshanta Kumar Halder, popularly known as PK Halder, who allegedly swindled billions from a number of banks and financial institutions and fled the country some months back, has expressed his willingness to return to the country ' under the custody of the court' and refund the money to their rightful...

Pandemic hits community centres hard

Business activities of the community and convention centres as well as catering services across the country have virtually come to a halt due to the Covid-19 pandemic, industry insiders said.The entrepreneurs in the sector have also been facing difficulties in paying the salaries to their employees as well as utility...

Virus impacts livelihood of most apparel workers

The ongoing Covid-19 pandemic has impacted the livelihood of the vast majority of the country's ready-made garment workers, according to a recent survey.The survey, jointly done by the South Asian Network on Economic Modelling (SANEM) and the Microfinance Opportunities (MFO), shows that the livelihood of nearly 82 per cent of...

BD revises eligibility for investment in WEBs

The central bank has revised the eligibility for purchasing wage-earner bonds (WEBs) in a move that could frustrate many potential investors.A notice issued on Monday said Bangladeshi people, who are now working with foreign shipping and airlines companies, will not be eligible to invest in the fixed-income instrument.For example, if...

Covid-19 fatalities continues to climb

The number of fatalities continued to jump as the death toll due to coronavirus infections crossed 4,500 deaths in Bangladesh until Monday noon, official data showed.With 37 more patients ending up their battle for life in the past 24 hours, total fatalities reached 4,516, according to the directorate general of...

Sales of govt savings tools nosedive in July

After a sudden increase in June, net sales of the state-owned savings instruments dropped drastically in July, the first month of the current fiscal year (FY), 2020-21, according to official data. The Department of National Savings (DNS) data showed that net sales of the government-run savings tools came down to...