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

BD economy still least competitive

Bangladesh has slipped two spots, dropping to the 105th as competitive economy in an index produced by the World Economic Forum (WEF).Last year, Bangladesh ranked the 103rd out of 140 countries, scoring 52.1. The country's competitiveness has declined in 10 out of 12 pillars, according to the report unveiled by...

PM vows drives at univs to cure ills

Prime Minister Sheikh Hasina said on Wednesday she would soon order law-enforcement agencies to start a nationwide crackdown on illicit activities at universities and other educational institutions, reports bdnews24.com.Hasina also promised to mete out the toughest possible punishment to the killers of Abrar Fahad, a BUET student bludgeoned to death...

Students' demo spreads

Students' protests started spreading all over the country on Wednesday over the recent murder of BUET student Abrar Fahad. The students of Dhaka University (DU), Jahangirnagar University, Rajshahi University and Jagannath University protested on their respective campus, demanding justice over Abrar's murder.Hundreds of students of the DU, led by the...

Sour loans could derail growth momentum: BB

Managing higher troubled loans and tight liquidity condition on the domestic front alongside external challenges are likely to pose downside risk to the growth momentum, the central bank has said.The external challenges include sluggish global growth, disrupting supply chain by the escalating trade war, Brexit- related uncertainty and rising geopolitical...

Briefing 10-10-2019

FIs being traded below face valueThe shares of some companies of the financial institution sector came below face value. The companies are Bangladesh Industrial Finance Company (BIFC), Fareast Finance & Investment, International Leasing & Financial Services, Premier Leasing & Finance, Prime Finance & Investment and Union Capital. Page 9BD eyes...

Banking complications to hit local business

FE REPORTMost businesses consider that complications in banking sector will continue to affect domestic trade and business this year, reveals a new business environment survey.Some 78 per cent of respondents aired concerns over the impact on business while 80 per cent projected a further deterioration in money-laundering situation.They think the...