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

Life returning to normal

Offices, banks, trade centres and factories Wednesday resumed functioning on curfew-truncated timings as Bangladesh begins bouncing back from five days of deadlock during quota protests.Firsthand reports said the capital city, in particular, started returning into its usual ambience for the easing of curfew for seven hours that set off a...

Banks bump under transaction rush

As if floodgates opened as banks saw a rush of accountholders to withdraw cash and have other banking-related services when operations resumed Wednesday after an exigent long break. Banks reopened certain branches for a curfew-truncated time -- as did offices and businesses -- after a three-day additional general holiday after...

It was a target by BNP-Jamaat to destroy economy

Prime Minister Sheikh Hasina on Wednesday said she had apprehended destructive activities across the country by the BNP-Jamaat nexus to cripple the economy and hold back the nation's march towards prosperity, reports UNB. "…they (BNP-Jamaat) tried to prevent us from holding the election (January 7), but we held it. Then...

No penalty for payment default during shutdown

Clients of credit cards, borrowers and accountholders of savings schemes can deposit or repay instalments sans additional interest or penalties under a clemency for periods of curfew and unrest-induced unscheduled holiday.Bangladesh Bank (BB) issued Wednesday directions for banks and financial institutions to take measures to this effect, as the country...

E-commerce loses Tk 600m in five-day Internet blackout

E-commerce businesses have lost at least Tk 600 million during the five-day nationwide Internet blackout, according to entrepreneurs, as they said their sufferings included difficulties ranging from tracking inventory to delivering goods amid a curfew.The situation, according to them, affected the small businesses most -- who mostly run operations through...

Business leaders urge waiver of charges at port

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has requested the government to waive demurrage charges at ports due to delayed delivery of goods over the last five days, reports UNB.Business leaders have also demanded that any new charges not be imposed in the next 15 days until...

Expressway, metro services unlikely to resume shortly

Dhaka metro rail and elevated expressway are unlikely to resume operations soon following attacks on the physical infrastructure of the popular transport services recently.An angry mob vandalised two metro stations and toll plazas and also carried out arson attacks during the countrywide unrest on Thursday and Friday.The authorities of both...