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

Term-loan borrowers to get breathing space

The central bank has revised loan classification rules to treat unpaid instalment(s) of a term loan 'overdue' after six months of its (loan) 'expiry' date.The relaxation, officials said, has been done to facilitate business activities."If any installment(s) or part of installment(s) of a fixed-term loan is not repaid within the...

Dhaka proposes forming new regional economic forum

BANDAR SERI BEGWAN, Brunei, Apr 22 (BSS): Bangladesh today proposed forming a regional economic forum involving five Organisation of Islamic Cooperation (OIC) member states of South and Southeast Asian region.Prime Minister Sheikh Hasina made the proposal during her talks with Brunei Sultan Haji Hassanal Bolkiah at the Istana Nurul Iman,...

Lanka fears int’l link to terror attacks

A wave of bombings that killed 290 people in Sri Lanka on Sunday was carried out with the support of an international network, officials said, reports BBC.But Jamaat al-Tawhid al-Watania, a little-known group in the country, claimed responsibility for the terrorist attacks carried out in Sri Lanka on Sunday, the...

Capital market on right track: Finance minister

Finance minister, AHM Mustafa Kamal, said he does not see any major problem in the prevailing trend in the capital market."I think the (capital) market is on a right track. Ups and downs in the market are common phenomena everywhere in the world," the minister said.He made the remarks while...

BIDA for ensuring uniform rules for all MFS providers

The Bangladesh Investment Development Authority (BIDA) has suggested the central bank to take necessary steps to bring down the daily transaction limit of 'Nagad', making it equivalent to that of other mobile financial services, sources said.'Nagad' is a mobile financial service (MFS) introduced recently by the Bangladesh Post Office (BPO).The...

India now won’t check all goods at Petrapole

BENAPOLE, Apr 22 (UNB): Indian customs authorities stepped back on Monday from its previous decision of unloading 100 per cent products for scrutiny before releasing the receipts of import and export at Petrapole port from Benapole port.The Indian authorities took the decision due to lack of different facilities including adequate...

News Watch- (23-4-2019)

Bangladeshi shotdead by BSF inThakurgaon THAKURGAON, Apr 22: A Bangladeshi youth was gunned down by members of Border Security Force (BSF) of India on Dongaon border in Haripur upazila early Monday. The deceased was identified as Sumon, 22, son of Shafirul Islam, a resident of Dangipara village. Lt Col Samiun...