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

Any bank, nonbank can go under state ownership temporarily

Any scheduled bank or financial institution, including troubled Islamic banks, may go under government ownership for bringing stability in the noncompliant commercial lenders under a latest reform panacea.In the process of streamlining, officials say, the central bank can temporarily take over control of any such bank or nonbank.For this, the...

Five must-dos decided for economic breakthrough

Chief Adviser Professor Muhammad Yunus asks for a jumpstart of coordinated action from all relevant agencies to ensure Bangladesh's timely smooth sailing in graduation from least-developed country (LDC) status as a national panel decides on five must-dos for economic breakthroughs. First comes full operationalisation of the National Single Window with...

Govt attains power to ban party, person, activity

Parties, individuals or their activity can be banned for involvement in terrorist acts as a latest ordinance empowers the government to take such action.The Council of Advisers of the post-uprising government Sunday approved the draft Anti-Terrorism (Amendment) Ordinance 2025 with such provisions, in the wake of demonstrations for proscribing the...

BNP welcomes move to try AL

The Bangladesh Nationalist Party (BNP) has welcomed the interim government move to bring the Awami League under trial by amending laws and banning the party's activities until trial ends.BNP Standing Committee Member Salahuddin Ahmed said this while speaking at the Citizen Coalition Seminar held at the International Mother Language Institute...

Policy predictability, reforms ‘must’ for investment

Bangladesh urgently needs policy consistency and comprehensive reforms to boost investment and also direct tax collection by curbing systemic leakages, says Foreign Investors' Chamber of Commerce and Industry (FICCI) President Mohammad Zaved Akhtar.Mr Zaved, also Chairman and Managing Director of Unilever Bangladesh, also calls for specific fiscal measures in the...

Number of internet subscribers rises after 8 months

The number of internet subscribers in Bangladesh has rebounded after eight consecutive months of decline, with 750,000 new users added across mobile and broadband services in March, according to the latest data from the Bangladesh Telecommunication Regulatory Commission (BTRC).This modest recovery follows a gain of just 10,000 users in February,...