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

SoCBs' liquidity crunch amid NPL buildup under scrutiny

Non-performing loan (NPL) buildup in Bangladesh's banking sector and liquidity stresses in the state-owned commercial banks came up for IMF scrutiny Sunday during a review of agreed reforms, officials said.Meanwhile, until June-end this year, the NPL in six State-owned Commercial Banks (SoCBs) had ballooned to Tk 1.02 trillion or 32.77...

CA advises Meta to act on campaign against BD

Chief Adviser Prof Muhammad Yunus asks Meta, the parent company of Facebook, to address a "disinformation campaign" being orchestrated from certain countries to undermine the July-August mass uprising in Bangladesh."There's a massive disinformation campaign, and we are the sufferers," he told Meta's director for human-rights policy, Miranda Sissons, when the...

Values of justice destroyed in judicial process over the years

Bangladesh stands on a pile of rubble currently, as sense of justice and the values of justice have been destroyed and distorted in the judicial process over the years, said Chief Justice Syed Refaat Ahmed.He said that fraud instead of honesty, deprivation instead of rights, oppression instead of justice, and...

Young Tigers crush India to retain Asia Cup title

Bangladesh's Under-19 cricket team have clinched the 2024 U-19 Asia Cup crown by crushing India by 59 runs in a thrilling final in Dubai on Sunday, reports bdnews24.com.Chasing a target of 199, India struggled throughout their innings before being all out for 139 in 35.2 overs.Iqbal Hossain Emon and Md...

Interim govt wants good ties with India

Bangladesh's interim government wants good neighbourly ties with India on the basis of fairness, equality and dignity, journalists were told a day before an important Dhaka-Delhi consultation. "We have cultural, linguistic, and historical links with India," said Shafiqul Alam, press secretary to the chief adviser, at a press briefing Sunday...

BB goes for dollar buy to bolster reserves

The Bangladesh Bank (BB) in a major policy shift intensifies its focus on buying more US dollars from the market to protect the country's fast-depleting foreign exchange (forex) reserves, officials and bankers have said. This change in the strategy is not only helping reduce the net sale of foreign currencies...

Syrian community wave Syrian flags

Members of the Syrian community wave Syrian flags on Sunday in Berlin, Germany, and celebrate the end of Syrian dictator Bashar al-Assad's rule.— AFP