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

Four SoCBs, ICB to invest Tk 10b

Four state-owned commercial banks (SoCB) and a financial institution will invest Tk 10 billion (1000 crore) more in the troubled Farmers Bank Limited (FBL) through subscribing subordinated bonds.The latest development came in a review meeting of the FBL held at the central bank headquarters in Dhaka on Sunday with Bangladesh...

PM urges int'l community to force Myanmar to take back Rohingya

Prime Minister Sheikh Hasina urged on Sunday the international community to come up with specific effective steps to force Myanmar to take back their nationals living in Bangladesh, reports UNB."Bangladesh and Myanmar have inked bilateral agreements for the safe and permanent repatriation of the forcibly displaced Myanmar nationals. To continue...

Regional lending gap threatens SDGs: Study

The big regional lending gap emerged one of the major barriers to the country's financial institutions (FIs) in achieving SDGs (sustainable development goals), according to a study released on Sunday.The study report of the Bangladesh Institute of Bank Management (BIBM) titled "Achieving SDGs in Bangladesh: The role of banking sector"...

Rely more on private sector for development financing

Countries like Bangladesh should ensure an investment-friendly environment for the private sector that plays a big role in meeting the development financing needs, Islamic Development Bank (IsDB) President Bandar M. H. Hajjar has said."If our member countries think that they can depend only on multilateral development banks (MDBs) for their...

Govt may review tanners' plea

The government is likely to reconsider the cost share of tanners to construct a CETP (common effluent treatment plant) at Savar, officials said.The development came following repeated requests from tanners at Savar Leather Industrial Park.Finance Minister AMA Muhith recently asked the finance secretary, Abdur Rouf Talukder, to give him an...

News Watch (10-9-2018)

Moon sighting committee meets today The National Moon Sighting Committee will hold a meeting today (Monday) to review the news of sighting the moon of the holy Muharram, 1440 Hijri, and fix the date of the holy Ashura. The meeting will be held at the Islamic Foundation at Baitul Mukarram....