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

Warning against burdening banks

The financial sector of Bangladesh has developed a dangerous notion called 'mismatch of maturity', as short-term deposits are used for financing long-term investment here, eminent economist Dr. Rehman Sobhan opined on Sunday. "The entire burden of investment for structural change in the economy as well as the private sector has...

Three, including one deceased, get five-yr jail term

The special tribunal on capital market has awarded five-year jail-term to each of the three board members of a company for committing forgeries, said officials.The tribunal delivered the verdict on Sunday on completion of the hearing of a case involving the Mark Bangladesh Shilpa & Engineering, now a de-listed company.The...

EPB eyes $44.50b export target for next FY

The Export Promotion Bureau (EPB) has proposed setting the country's goods and service export target at US$ 44.50 billion for fiscal year (FY) 2018-19, officials said.It proposed fixing the merchandise export target at $ 40.0 billion, 7.14 per cent or $2.5 billion higher than that of the current FY's target...

TNC meet on BIMSTEC FTA in city next month

Rays of hope are seen for implementation of the free trade agreement (FTA) among the BIMSTEC member countries, as they have agreed to resume its stalled negotiation.After a gap of three years, negotiation on the FTA for the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) will...

England thrash Panama 6-1, reach knockout round

Harry Kane struck a hat-trick as England marched into the last 16 of the World Cup after with a record 6-1 win over a woeful Panama in their World Cup Group G match on Sunday, reports Reuters.The result, a record win for England in a World Cup finals match, means...

Dr Samira al-Ghamdi, a practising psychologist, driving her car

Dr Samira al-Ghamdi, a practising psychologist, driving her car out in her neighbourhood while going to work, in Jeddah, Saudi Arabia on Sunday — Reuters

News Watch (25-6-2018)

Two die in 'gunfight' in JashorePolice said they recovered bodies of two unidentified men who were killed in a 'gunfight' between two gangs of criminals in Jashore's Monirampur Upazila. The gunfight took place on the Jashore-Monirampur road in the Begaritola- Chhatiantola marshland area around 5:00am on Sunday. The dead were...