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

Tk 9.38t big budget comes tomorrow

A litmus test comes for a BNP regime after 19 years as the new government prepares to present tomorrow a hugely deficit budget after return to power through the much-hyped February-12th polls.A BNP-led government had last presented its budget for the nation for the fiscal year 2006-07 under then finance...

Govt to address needs of all across society

Finance Minister Amir Khosru Mahmud Chowdhury says the government is preparing the budget for the next fiscal year with interests of people from all sections of society in mind."We are preparing the budget taking all relevant issues into consideration," he told reporters when asked about the persistently high rate of...

Islami Bank governance row sparks heated debate in Parliament

A heated debate erupted in Parliament on Tuesday over the appointment of a new chairman of Islami Bank Bangladesh PLC and the bank's overall governance, with ministers and lawmakers trading accusations over its ownership, management and future direction.The discussion began after Opposition Leader and Jamaat-e-Islami Ameer Md Shafiqur Rahman submitted...

Rana, Mosaddek power Tigers to big win over Aussies after 21 yrs

Bangladesh tearaway Nahid Rana has ripped through Australia's middle order as the hosts drew first blood with a comfortable 86-run win in the ODI series opener in Dhaka on Tuesday, marking their first win since the historic 2005 triumph in Cardiff, report agencies.Defending 284 for 8, the hosts consistently chipped...

Japan extends $312m emergency loan to BD

Japan will provide an emergency support loan of up to 50 billion yen (approximately US$312 million) to Bangladesh to help strengthen the country's economic resilience and ensure a stable energy supply.The Japanese Official Development Assistance (ODA) loan, co-financed by the Asian Development Bank (ADB), is intended to mitigate the socio-economic...

Agro gets 2nd-biggest Tk 100b allocation

Agriculture and rural economic activities have received the second-largest allocation, Tk 100 billion, in the Bangladesh Bank's (BB) newly announced Tk 600-billion stimulus package.The central bank unveiled the package last month to revive economic growth.The package also includes a separate Tk 30 billion fund to develop the northern region into...

ECNEC approves 10 projects worth Tk 38.91b

The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved 10 development projects involving a combined cost of Tk 38.91 billion.The approvals came at an ECNEC meeting held at the Bangladesh Secretariat, with Prime Minister Tarique Rahman in the chair.Of the projects, eight received direct approval, while two...