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

'Banks to follow simple interest calculation from next FY'

Finance Minister A H M Mustafa Kamal said the government would encourage banks to offer simple interest loans instead of compound interest ones from the next financial year (FY)."Simple interest calculation will be applicable (in the case of bank loans). This will be announced in the next budget," the minister...

DU students stage sit-in, demand fresh DUCSU polls

The agitating students of Dhaka University (DU), under different banners, could not meet its Vice-Chancellor (VC) Prof Akhtaruzzaman despite waiting for nearly five and a half hours in front of his office on Monday.Over one hundred demonstrating students under the panels of Bangladesh General Students Rights Protection Council (Quota reformists'...

UZ polls officials among six shot dead in Rangamati

Unidentified gunmen shot dead at least six people, including polls officials, after the end of voting in the second phase of Upazila Parishad elections in Rangamati, report agencies.At least 11 others were injured when the gunmen carried out the attack in the Noi Mile area on Baghaichari-Dighinala road on Monday...

Shah Husain Imam new FE Editor

Shah Husain Imam, formerly Associate Editor of The Daily Star, has joined The Financial Express as its Editor. He succeeds late lamented Moazzem Hossain who passed away on August 01, 2018. Mr. Imam has BA Hon's and Masters degrees in General History from Dhaka University with Economics as a subsidiary...

6FYP misses export, import targets

Bangladesh needs to boost its allocation in education and health sector, otherwise the country may face disparity in these areas in the near future, experts warned at a meeting on Monday. At the same time, there should be greater coordination between the finance and planning ministries on how budget is...

Three dead in possible terror attack on Dutch tram

UTRECHT (Netherlands), Mar 18 (AFP): Three people were killed and nine injured in a shooting in the Dutch city of Utrecht, the mayor said Monday, adding that authorities were working on the basis of it being a terror attack."At this stage, we can confirm three deaths and nine wounded, three...

FM bins US HR report on BD

Foreign Minister (FM) Dr A K Abdul Momen has categorically rejected the US Human Rights (HR) Report, saying the report is not objective, and in many cases it is more applicable to the US rather than Bangladesh."Yes, we're rejecting the report. It is not an objective report, and is based...

Two air hostesses of Saudia held with 36 gold bars at HSIA

Dhaka customs house officials detained two air hostesses of Saudia airlines in possession of over four kilograms of gold at Hazrat Shahjalal International Airport (HSIA) in the city. Farzana Afroz, 32, and Saima Akhtar, 40, were detained with the gold bars early on Monday. Customs officers patrolling the No. 10...