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

Regulatory rate unchanged at 10pc as inflation frowns

Bangladesh Bank has yet again decided to be clenched-fist on money supply. During the second half of this fiscal year, according to monetary policy statement (MPS), the policy rate will remain unchanged at 10 per cent as inflation frowns.In the new MPS unveiled Monday, the central bank, however, takes into...

Feb 12 vote to mark 'historic break' with past: CA

Chief Adviser Prof Muhammad Yunus reassures that the forthcoming national elections will be conducted in a free, fair and transparent manner in a "historic break" with years of "mock" and "fake" polls.Addressing senior secretaries and secretaries of the government, at his office in Dhaka Monday, barely three days before the...

Bangladesh, US sign reciprocal tariff agreement

The Agreement on Reciprocal Tariff between Bangladesh and the United States was signed on Monday. On the Bangladesh side, the signatories were Commerce Adviser Sheikh Bashir Uddin and National Security Adviser Khalilur Rahman, and on US side, Ambassador Jamieson Greer, US Trade Representative. Negotiations on the agreement spanned over nine...

BB tightens scrutiny of large loans

Bangladesh Bank is set to impose stricter inspection of large loans as part of its push to rein in irregularities linked to collateral valuation and mortgage documentation.The move targets loans exceeding Tk 500 million, which have often been associated with inflated asset values and forged documents.Governor Dr Ahsan H Mansur...

Tarique reaffirms BNP pledge for economic democratisation, rebound

BNP Chairperson Tarique Rahman reaffirmed BNP's election pledges for economic democratisation and rebound besides restoring the phrase 'Absolute trust and faith in the Almighty Allah' at the beginning of the constitution, as it was originally.He made the statement while delivering a speech to the nation on the state-run Bangladesh Television...

Shafiqur outlines vision for inclusive governance

Bangladesh Jamaat-e-Islami Ameer Dr. Shafiqur Rahman in his election address to the nation on Monday called for national unity, moral renewal and ethical leadership to guide Bangladesh toward a just, democratic and prosperous future, saying the upcoming 13th Jatiya Sangsad election is a critical opportunity to restore public trust and...

Calm comes down on poll campaigns

Calm comes down on poll campaigns, sometimes having turned vituperative, as the countdown begins for voting Thursday in post-uprising referendum and general election. The Election Commission has banned electioneering rallies and publicity from 7:00am Tuesday (today) in the run-up to the polls, being held against the backdrop of political upheavals...

Chittagong port tackles backlog as operations normalise

As operations at the Chittagong Port began in full swing on Monday morning after a bumpy week, there were 24 box ships at the jetties and outer anchorage, according to port data.Some of these vessels faced inordinate delays in getting berth due to the work stoppage by the agitating workers...

EC now allows mobile phones at polling centres

In the face of widespread criticism, the Bangladesh Election Commission (EC) on Monday revoked its decision to ban mobile phones at polling stations, a day after issuing a circular in this regard.Different stakeholders, including journalists, political parties, election observers and rights organisations, had condemned the ban, arguing that it would...