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

Biden extends 'full support' to Dr. Yunus

President of the United States Joe Biden extended his government's full support to Chief Adviser Prof Dr Muhammad Yunus and his government as they met Tuesday on the sidelines of the United Nations General Assembly (UNGA).The head of interim government of Bangladesh apprised the US president of how the students...

Elections in 18 months

The army chief vowed to back the country's interim government, "come what may", to help it complete key reforms after the ouster of Prime Minister Sheikh Hasina, so that elections could be held within the next 18 months, reports Reuters.General Waker-uz-Zaman and his troops stood aside in early August amid...

IMF for raising reserves matching its earlier loan package conditions

A visiting IMF mission recommends acceleration in raising Bangladesh's net forex reserves to meet the mark set in its $4.70-billion lending package for stabilising macroeconomic situation, as further fund support is sought for current reforms.In a series of stocktaking consultations with Bangladesh Bank (BB) and finance officials Tuesday, the representatives...

708 killed in Jul-Aug

The health ministry on Tuesday published a draft list of martyrs of the Anti Discrimination Movement during July-August and the people related to or having the knowledge about the victims will be eligible to further update or revise it till October 6.The eligible public can provide their input through various...

Ban on polythene bags at all markets from Nov 1

The enforcement of the ban on polythene and polypropylene bags will start in all supermarkets from October 1, and in all markets from November 1. Actions will be taken against polythene producers starting from November 1.Alternatives such as jute, fabric, and paper bags will be provided by 20-25 companies, including...

Central bank raises policy rate to 9.5pc

Funds get costlier as the regulator raises policy interest rate to a historic high of 9.5 per cent as exorbitant prices passing through many years now remain a concern for the interim government. A 50-basis-point hike, announced Tuesday by the Bangladesh Bank with immediate effect, raises the rate from 9.0...