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

Catastrophic sudden flooding in southeast

Over three million people remained marooned while households and animals afloat in the worst flooding in Bangladesh's southeast, prompting the just-installed government to deploy security forces for rescue and relief. Reports say a record rain and onrush of upstream water from the dams and barrages in the neighbouring Indian states...

CA proposes high-level coordination body on flood emergencies

Interim government Chief Adviser Prof Dr Muhammad Yunus has said Bangladesh is looking for more cooperation on shared rivers and waters with India, as a cataclysmic flood hit the country's southeast.He also sought to have a coordination committee comprising high officials from both countries to tackle such flooding emergencies. He...

Five tycoons fall under crackdown on tax delinquents

Five bigwigs initially fall under a crackdown on tax delinquents as the NBR Central Intelligence Cell Thursday sent letters to all financial institutions for furnishing their bank-account information and other financials.In the lineup are Salman F Rahman of Beximco group, Nazrul Islam Mazumder of Nassa group, Aziz Khan of Summit...

BB resets Islami Bank board

The Bangladesh Bank (BB) has formed a new board for Islami Bank, the country's largest private banking network, following the ouster of the controversial S Alam Group from the bank's control.On Thursday, the central bank dissolved the previous board of Islami Bank PLC and reconstituted it by appointing the former...

Nagad's digital banking licence suspended

Bangladesh Bank (BB) on Thursday suspended the digital banking licence it earlier awarded to Nagad Limited until the company passes a fresh review of the licencing procedure. The development comes a day after the central bank appointed an administrator and his associates to maintain the company's existing regular activities -...

UN team in city to discuss modalities of probe

A three-member UN team arrived in Dhaka on Thursday to discuss the modalities of a UN investigation into the killings and atrocities that occurred during the student protests."I'm visiting with a small team this week to hold some preliminary, exploratory discussions with the government about how our office can support...

Two more murder cases against Hasina

Two more cases were filed against deposed prime minister Sheikh Hasina on Thursday.One of the cases was filed against 47 people, including ousted prime minister Sheikh Hasina, over the killing of hawker Md Shahabul Islam alias Shaon in Baipail area in Savar during the recent anti-discrimination student movement, reports BSS.Md...