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

Easy money may pose a threat to price stability

"Extraordinary easy financing' conditions may pose 'upside risks' in the case of price stability in the upcoming quarters, the Bangladesh Bank (BB) report for the last quarter (Q4) of the immediate past financial year (FY), released on Tuesday, said. The central bank in its quarterly publication noted that active vigilance...

Pandemic shows nations need UN more than ever: PM

Prime Minister Sheikh Hasina said the coronavirus pandemic has shown that both developed and developing nations need the United Nations more than ever. And multilateralism is the way forward, she said, report agencies.The Prime Minister said this while delivering her speech virtually in the early hours on Tuesday (Bangladesh Time)...

Water sharing issue to figure in JCC meeting

Bangladesh is unlikely to go for inking any agreement with India on water sharing of the Feni River leaving the Teesta deal pending, officials concerned said."In recent times, India has been pushing us to start negotiations on water sharing of the Feni, but we said Teesta is our first priority,"...

Banking sector on edge: TIB

Crisis of leadership in the recovery of default loans, political influence and highhandedness of a section errant borrowers have brought the country's banking sector on the edge, according to a research report prepared by the Transparency International, Bangladesh (TIB).The report, titled, "Banking Sector Supervision and Regulating Default loans: Governance Challenge...

CAAB sounds liberal about Saudia flight frequency

The Civil Aviation Authority of Bangladesh (CAAB) is ready to permit as many flights as the Saudia Airlines wants to carry Bangladeshi migrant workers to the kingdom without missing the deadline of visa.CAAB chairman Air Vice-Marshal Md Mafidur Rahman said on Tuesday the ministries concerned are trying to resolve the...

Nationalised banks, FIs should go by own laws: SC

The Appellate Division of the Supreme Court has ruled in a verdict that all the semi government organisations, autonomous bodies, corporations, nationalised banks and financial institutions (FIs) should follow their respective laws for the purpose of fixation and payment of retirement benefits or gratuity etc. of their officers and employees.The...