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

IMF for market-based pricing of savings tools

FE Report The visiting International Monetary Fund (IMF) mission suggested tighter eligibility criteria and move towards market-based pricing to reduce reliance on national savings certificates, help strengthen financial intermediation and expand the capital market.IMF team leader Daisaku Kihara made the observations on Thursday while delivering speech in a press conference...

BD state-owned banks prone to sizeable liability risk: Moody's

Bangladesh's banking sector risk has been assessed as 'moderate' by the international credit rating agency Moody's, which said it reflects sizeable contingent liability risks from state-owned banks, reports bdnews24.com.Bad debt has been dogging the banking sector in Bangladesh with the total amount of capital deficit in state-owned banks of Sonali,...

Participants displaying placards on women’s rights at a rally in front of National Press Club

Participants displaying placards on women’s rights at a rally in front of National Press Club in the capital on Thursday on the occasion of International Women's Day 2018 — FE Photo by Shafiqul Alam

Govt won't let any bank die: Muhith

FE ReportThe government would never let any bank die following financial crunch, as the depositors would be affected (if any such thing happens), said Finance Minister A M A Muhith on Thursday.He said this while talking to the newsmen after a pre-budget meeting for the upcoming fiscal year, 2018-19, with...

Economic freedom very crucial for women: PM

Prime Minister Sheikh Hasina called upon the country's womenfolk to move with self-confidence and dignity and stand on their own feet to consolidate their position in society, reports BSS.She also said economic freedom is very important for the women. "The economic freedom is very crucial for the women. So the...

Forex reserve slips below $ 32 billion

Country's foreign exchange reserves slipped below US$ 32 billion after more than two months due to highest-ever import payments settled bi-monthly with Asian Clearing Union (ACU).It paid $1.56 billion to the ACU against January-February imports from the member countries, particularly India, according to the central bank's latest statistics. The fund...

BNP to stage demo tomorrow to protest attack on sit-in

FE ReportBNP announced fresh demonstration to be observed tomorrow (Saturday) protesting attack on its sit-in programme by 'law enforcers' in front of the Jatiya Press Club Thursday.President of the party's student wing Jatiyatabadi Chhatra Dal (JCD) of Dhaka Metropolitan (North) unit SM Mizanur Rahman Raj was also picked up by...

Highways likely to remain deplorable in near future also

Munima SultanaImprovement in the condition of deplorable roads and highways across the country is unlikely in near future also due to carrying out their repair work with faulty planning and mechanism, sector observers opined.They said Roads and Highways Department (RHD) always remains reluctant in improving its road maintenance planning and...

Govt withdraws BGB DG

Director General of Border Guard Bangladesh (BGB) Major General Abul Hossain has been withdrawn. According to a gazette notification issued by the Ministry of Public Administration on March 7, he has been attached to the Bangladesh Armed Forces Division. The order will come into effect immediately, it added. Earlier on...

Fire burns 28,000 acres of reserve forest at Teknaf

COX'S BAZAR, Mar 8: A devastating fire burnt about 28,000 acres of government reserve forest to ashes in Teknaf upazila on Thursday. Sources said the fire originated from the 'Noor Ahmeder Ghona' forest land, on the western side of Teknaf Upazila Parishad, around 2:00 pm. When contacted, Assistant Commissioner (Land)...

Child succumbs to burn injury at DMCH

A minor girl who sustained burn injuries in a fire at a house in the city's Kalyanpur area died at Dhaka Medical College Hospital here on Thursday. The deceased is 11-month-old Afrida Akhter Fatema, daughter of M Abdul Malek. Four members M Abdul Malek, 35, his wife Rina Begum, 30,...