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

Get tough dealing with bad banks

The central bank should take stricter stance while dealing with ongoing controversies over some "non-performing" commercial banks, a former Bangladesh Bank governor suggests. In the wake of such developments, especially revolving around loan default, forgeries and non-performing loans, Dr Atiur Rahman reminded that trust is the prime asset in banking...

Financial sector needs good governance, regulatory reforms

Improvement in institutional governance and regulatory management in Bangladesh's financial sector is sine qua non for higher economic growth with all in society taken on board.Such a piece of suggestion came Friday at the third working session of the 20th Biennial Conference 2017 of Bangladesh Economic Association (BEA). The session,...

Stairs being added to Moghbazar flyover for traffic police

The government has taken a move to add stairs to the Moghbazar-Mouchak-Malibagh flyover to help traffic police monitor vehicular movement, officials said. The Local Government Engineering Department (LGED) has taken the move for installing the stairs.Iron-made angles are now being installed as part of the stairs near the Malibagh intersection...

Limiting transport load on roads triples carrying cost

Businesses lament that the ongoing government drive against overloaded vehicles on the highways caused the tripling of carrying cost of exports and imports.According to sources in the business circles, overall transport cost has gone up significantly following the move under which overloaded vehicles are either fined heavily or given a...

Dhaka will request Delhi to review anti-dumping duty on jute goods

Dhaka has decided to formally request Delhi to review the anti-dumping duty it imposed on the import of Bangladeshi jute goods, sources said.To this end, Bangladesh Tariff Commission (BTC) asked 26 private jute goods exporters affected by the anti-dumping duty to submit supportive information and data by January 4.The BTC...

Int’l community should help resolve Rohingya issue: China

China called upon the international community to play a constructive role in helping Bangladesh and Myanmar resolve the Rohingya issue instead of 'complicating' the matter, reports UNB."We believe that the international community should constructively help Myanmar and Bangladesh make efforts to resolve relevant issues through dialogue and consultation instead of...

Missing NSU teacher returns home after 44 days

Dr Mubashar Hasan, a teacher of North South University, returned to his Banasree home in the city early Friday, 44 days after he had gone missing from Agargaon area, reports UNB.Jahangir Kabir Khan, inspector (investigation) of Khilgaon Police Station, said the victim's father Motaher Hossain informed them that his son...

Lancet seeks UNSC actions

The prestigious medical journal, The Lancet, has urged the UN Security Council (UNSC) to investigate the 'apparent' crimes being committed against humanity in the Rakhine state of Myanmar, impose appropriate sanctions against military forces involved and invoke their considerable resources to protect the Rohingya before these people are 'destroyed'.In an...

News Watch (23-12-2017)

No entry to Dhaka Cantonment sans pass from Jan 1None will be allowed to enter Dhaka Cantonment without pass from January 1, according to Inter-Services Public Relations (ISPR) directorate. The decision is taken to ensure security inside the cantonment, said ISPR Director Lt Col Mohammad Rashidul Hasan. A notice board...