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Search date: 20-01-2025 Return to current date: Click here

Treasury bills' yield fall frustrates well-off banks

Risk-free returns from investment in sovereign securities keep shrinking to the frustration of some commercial banks as economic activity also stays persistently sluggish, bankers say.As the investment opportunities squeeze over the last several months because of prevailing economic slowdown after the July-August mass uprising, commercial banks made a beeline for...

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Brahmaputra, Teesta under spotlight

Bangladesh will raise the issue of Chinese dam on the Brahmaputra at the upcoming bilateral meeting in Beijing on January 21, when the stalled Teesta project may also come up.Sources in the foreign ministry told The Financial Express about the move as Bangladesh foreign adviser Touhid Hossain leaves for Beijing...

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Exchange houses must mention forex sources, conversion rate

Overseas exchange houses will have to mention sources of foreign currencies, conversion rate and remitted amount in taka for each remittance transaction as per disbursement instructions sent to banks across Bangladesh.To this effect, the central bank has amended policies to ensure transparency in transactions on inward remittance alongside encouraging the...

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250 bailed in explosives case

A Dhaka court has granted bail to over 250 suspects accused in the Pilkhana massacre case under Explosive Substances Act, reports bdnews24.com.Dhaka Special Tribunal-1 Judge Md Ibrahim Mia gave the order after a hearing at a temporary court in the Central Prison in Keraniganj, said defendant lawyer Aminul Islam on...

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Displaced Palestinians cheer as they return to Rafah in the southern Gaza Strip

Displaced Palestinians cheer as they return to Rafah in the southern Gaza Strip on Sunday, hours after a ceasefire deal in the war between Israel and the Palestinian group Hamas was implemented. — AFP

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Trump's inaugural address today

WASHINGTON, Jan 19 (Agencies): President-elect Donald Trump's inaugural address takes place indoors today (Monday) due to dangerously cold weather being forecast next week in Washington, he has confirmed. The address, as well as other speeches, will now take place inside the US Capitol's rotunda, rather than outside the building. The...

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