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

Terminate controversial contractual appointments, ensure supplies

A slew of action plans comes from the maiden meeting of the Advisory Council of the interim government with supply of all essential commodities and termination of all "controversial" contractual appointments topping the priorities, officials say.The meeting, held on Sunday -- the first full day of function in office of...

Nagad digital bank faces nemesis

Much-hyped Nagad Digital Bank is on the brink following paradigm shift as the regulator is considering cancelling its licence allegedly for intervention of two influential persons of the immediate-past government. It became Bangladesh's first digital bank in the process of transformation from a financial institution launched under the state-run postal...

Chief Justice, two more advisers take oath

Newly appointed Chief Justice Syed Refaat Ahmed and two more Advisers of the interim government took oath at the Darbar Hall of Bangabhaban on Sunday. The Advisers are Supradeep Chakma and Dr Bidhan Ranjan Roy Poddar. President Mohammed Shahabuddin administered the oath to the newly appointed Chief Justice and the...

Daylight Islami Bank shootout leaves five injured

A daylight shootout Sunday at Islami Bank allegedly over ownership feuds left several people injured, prompting the finance adviser of the just-installed interim government to warn stern legal action against those responsible."None will be spared. Legal action will be taken immediately against those whoever responsible," the Finance and Planning Adviser,...

BB raises cash withdrawal limit to Tk 200K

A bank account holder can withdraw cash up to 200 thousand (two lakh) taka a day for this week given the current security situation, according to a Bangladesh Bank circular.The central bank issued the instruction to the MDs of all commercial banks through SMS on Saturday, reports UNB.It came into...

Businesses reach out to army

Different trade bodies on Sunday called for strengthening security for factories in the industrial belts and goods-carrying vehicles on the roads and highways.Leaders of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Federation of Bangladesh Chambers and Commerce and Industry (FBCCI) and Bangladesh Textile Mills Association (BTMA) made the plea...