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

Dhaka-Delhi ties should be based on equity, says Yunus

Chief Adviser Prof Muhammad Yunus on Sunday said they need to maintain good relations with India but that should be based on equity and fairness, reports UNB. "Sir (Prof Yunus) repeatedly said we need to maintain good relations with India but it needs to be based on equity and fairness,"...

No banks, FIs to go bankrupt

No business organisation's bank account has been frozen on central bank's orders, the Bangladesh Bank governor said Sunday while reaffirming a major banking-sector reform plan. Dr Ahsan H. Mansur also said for boosting depositors' confidence in the country's banking system, the regulator doubled the volume of deposit insurance to Tk...

Inflation eases following crucial August changes

An inexorable inflation has long tormented low-income segment of people but it began easing following the crucial August changes with the rate decreasing over 1.0 percentage point to 10.49 per cent in the month.The little cooling of inflation in August is shown in the monthly updating data released Sunday by...

Export target $57.50b for FY '25

Bangladesh eyes US$57.50 billion in total export earnings in the current fiscal on the back of 12.44-percent growth in merchandise shipment to $50.0 billion, largely banking on clothing as before. The current interim government's trade wing unveiled Sunday the export target for the fiscal year of 2024-25, correcting inflated past...

The untold story of Nafeez Sarafat's rise

The rise of Chowdhury Nafeez Sarafat, a banker-turned businessman who has amassed billions of taka only in one and a half decades, surprises many.There is no end to the curiosity about how a mid-level banker until 2009 accumulated so much wealth, how he secured patronage from the top level of...

S. Alam family-linked transactions with six pvt banks Tk 1.8tn

S. Alam's family members and their associated two companies have transacted cash worth Tk1.8 trillion so far in some six private commercial banks which law enforcers suspect earned through illegal means.Official sources said account transactions in only six banks reveals the data while rest 66 banks' information has not been...