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

Banks can offer spl loan-rescheduling facility up to Nov 30

Commercial banks now can offer special rescheduling facility for up to 10 years with a two-year grace period to borrowers whose loans are classified as of November 30, under a generous government bailout package.In a major regulatory policy shift, the central bank issued Monday a circular relaxing regulations aimed at...

CA seeks C’wealth support for polls

Chief Adviser Professor Muhammad Yunus seeks the Commonwealth's full support for holding the upcoming general election, scheduled for the first half of February, in post-uprising transition in Bangladesh."We need your support in our democratic transition as well as in the upcoming general election," the head of interim government said during...

Tax target revised upward by Tk 540b

The government has reviser the tax-revenue-collection target upward by Tk 540 billion to meet a growing need for internal resources to manage budget deficit.Debt service has become a major headache for the government as loans taken from foreign and domestic sources have reached an optimum level.Debt-servicing amounts hit a record...

Early signs of economic recovery emerge amid sluggish growth: MCCI

The first quarter (Q1) of the current fiscal year shows early signs of economic recovery, though overall growth remains sluggish, the Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) has said."Improvements in exports, imports, inflation, and remittances have helped stabilise foreign-currency reserves and supported the broader economy," the MCCI noted...

Agent banking loses steam amid new female participation rule

The expansion of agent banking in Bangladesh has slowed, both in terms of outlets and agents, a development widely attributed to a new regulatory requirement aimed at increasing female participation in the sector.Bangladesh Bank data shows the number of new agent bankers fell from 16,019 in December 2024 to 15,321...

Bhutan's first transit shipment thru Ctg port set for release today

CHATTOGRAM, Nov 24: Bhutan's maiden transit shipment through Chattogram port is scheduled for delivery today (Tuesday), two months after its arrival was delayed due to pending approvals from multiple agencies.The container, unloaded in September, remained stuck as several clearances were not issued on time. Those permissions were granted last week,...

Govt lends Tk 10b to troubled ICB to invest in stocks

The Investment Corporation of Bangladesh (ICB) gets a Tk10-billion in interest-bearing government loan to invest in stocks to resuscitate bearish bourses of the country, sources say. It's seen as a significant move as the decision comes just days after reports surfaced regarding the Finance Ministry's hesitation to funnel further funds...

Covered vans and trucks are illegally parked on Bangladesh Railway land

Covered vans and trucks are illegally parked on Bangladesh Railway land at Dhaka's Tejgaon Railway Station. A number of roads in the industrial neighbourhood are occupied by such vehicles, compounding the scourge of traffic gridlock. The photo was taken on Monday. — FE Photo by Shafiqul Alam