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

Islamic banks see liquidity glut

A glut of idle money and a concurrent investment holdup amid the pandemic hangover leave Bangladesh's Islamic banking sector in a quandary with excess liquidity in the vault, sources say. They say the excess liquidity with the Shariah-based banks is growing by the day due mainly to lower demand for...

Four-hour CNG pump closure takes effect

The government's decision on closure of CNG refuelling stations for four hours came into force on Sunday, causing sufferings to vehicle users. The government announced to keep gas supply to the Compressed Natural Gas (CNG) filling stations across the country shut between 6:00 pm and 10:00 pm from September 19...

A swift somersault over LNG import

The government has reversed its decision to discard import of expensive LNG from spot market within a month following a surge in demand for the fuel in industries and power plants.The Energy and Mineral Resources Division (EMRD) under the Ministry of Power, Energy and Mineral Resources (MPEMR) had already instructed...

UN ready to help BD hold next polls

The United Nations will provide electoral assistance to Bangladesh during next general election, if requested, says the UN envoy here.Mia Seppo, the UN Resident Coordinator in Bangladesh, made it clear that unless there be request from Bangladesh, the global body would not be involved with the electoral support."The UN does...

Govt extends Khaleda's stay out of jail by another six months

BNP Chairperson Khaleda Zia's conditional release from jail in two corruption cases has been extended for six more months, reports UNB.It is for the fourth time the government has extended her release by suspending her jail sentences in Zia Orphanage Trust and Zia Charitable Trust graft cases, Home Minister Asaduzzaman...

BTTC starts study on BD's inclusion in RCEP

A state-body has started conducting an in-depth feasibility study on possible impact and challenges of proposed inclusion of Bangladesh in the Regional Comprehensive Economic Partnership (RCEP), officials said.The Ministry of Commerce (MoC) has instructed the state-run Bangladesh Trade and Tariff commission (BTTC) to take next course of actions in this...