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

Loan-recovery drive falters as defaulters bamboozle Sonali

Sonali Bank's classified credits bloated to Tk 137.98 billion in 2017 with its recovery drive dropping to 8.0 per cent as the defaulters allegedly duped the bankers. Sources in the biggest bank of Bangladesh said its loan-recovery rate had been on a fast decline, year on year, at least over...

Demo Monday as cops foil BNP protest

FE ReportThe Bangladesh Nationalist Party (BNP) announced on Saturday a fresh agitation programme as police foiled their 'black flag' protest in front of the party's central office on the day.Police detained BNP central leaders Syed Moazzem Hossain Alal and Mostafizur Rahman Babul after breaking up the protest against the police...

Govt moves to make gold-import policy

Doulot Akter MalaThe government moves to remove the bar to gold import with a twin objective: check smuggling and make the precious metal available on the domestic market.Under the move-in the wake of a desperate underworld in the trade--the Ministry of Commerce (MoC) recently formed a seven-member committee to review...

9th anniversary of BDR carnage today

The 9th anniversary of the atrocious carnage at Pilkhana BDR Headquarters in the capital will be observed on today (Sunday), reports UNB.A total of 74 people, including 57 army officers, were killed in the carnage beginning on this day in 2009.Floral wreaths will be placed at the graves of the...

Don't let country plunge into post-1975 chaos: PM

Prime Minister Sheikh Hasina urged all on Saturday to stay alert so that the country must not plunge into the post-1975 chaos, reports UNB."We must not plunge into danger …we all must remain alert so that we don't step into the post-1975 dark era," she said.The prime minister was addressing...

Nobel laureates in BD to see Rohingya woes

Three Nobel laureates started their weeklong visit to Bangladesh on Saturday and will go to Cox's Bazar today (Sunday) to see the Rohingya situation on the ground. "We are going to Cox's Bazar tomorrow (Sunday) and will return to Dhaka in the afternoon on February 27," an official who will...