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

Bankers given until end of Dec to downsize bloated NPLs

Commercial banks in Bangladesh are now given a cutoff time until end of this month to significantly downsize mounting non-performing loans to clean up their year-end balance sheets.Spelling out this direction at a meeting with bankers Sunday, the central bank high-ups suggested top executives of the banks to go by...

Schedule this week, voting time extended for twin balloting

Schedule this week for holding parliamentary polls and referendum early next February with the timing for twin vote extended by an hour, the Election Commission decided Sunday and apprised the government about its preparation. The one-hour time extension comprises half an hour in the morning and another half an hour...

Rent-seeking, bureaucracy-business nexus threaten dev prospects, says adviser

Bangladesh's long-term development prospects may face serious setbacks unless rent-seeking in politics and the collusive nexus between business and bureaucracy are dismantled, Planning Adviser Dr Wahiduddin Mahmud said on Sunday.He said meaningful institutional reform, an efficient bureaucracy and strong political commitment are essential to create proper economic incentives, noting that...

Zubaida visits Evercare to monitor Khaleda's condition

BNP Acting Chairman Tarique Rahman's wife, Dr Zubaida Rahman, visited Evercare Hospital on Sunday afternoon to be with her critically ill mother-in-law, BNP Chairperson Khaleda Zia, and monitor her health, reports UNB.BNP Media Cell member Atikur Rahman Rumon said Zubaida Rahman spent the night at her father's Dhanmondi residence Mahbub...

Inflation up for food-price rises

Inflation edges up in Bangladesh as some pricier key consumer items drive November count to 8.29 per cent, overshooting the central bank's 6.5-percent annual target for this fiscal year. According to official data released Sunday, the month's reading was 0.12-percentage-point higher than October's, driven by rising prices of several key...

Govt to finalise it today, business leaders raise concerns

Business leaders have expressed concern that the ongoing amendment to the rules governing trade organisations may fail to ensure the emergence of proper business leadership for the country's economic development, despite the government's year-long efforts to streamline the regulations.They have questioned the newly added provision requiring a mandatory one-term break...

Rupali Haque elected FICCI president for 2026-2027

Rupali Haque Chowdhury, managing director of Berger Paints Bangladesh Limited, has been elected president of the Foreign Investors' Chamber of Commerce and Industry (FICCI) for the 2026-2027 term.Besides, Deepal Abeywickrema, chairman and managing director of Nestlé Bangladesh PLC, and Mohammad Iqbal Chowdhury, CEO of LafargeHolcim Bangladesh PLC, were elected senior...

Capital witnessed significant traffic congestion

The capital witnessed significant traffic congestion on Sunday as several groups staged protests across different parts of the city to press home their demands. The photo was taken in the Agargaon Metro Rail Station area. — FE Photo by K Asad-Uz-Zaman