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

Chances of keeping few ailing banks alive slim: Mansur

Notwithstanding various regulatory rescue efforts to keep all the crisis-hit commercial banks operational, Bangladesh Bank Governor Dr Ahsan H. Mansur gives up hope of keeping a few alive on government doles.He says the central bank has been working hard to make the struggling banks exist in the market through establishing...

Tributes paid to victims of 2009 Pilkhana tragedy

Sixteen years after one of the deadliest military mutinies in Bangladesh's history, the victims of the 2009 Pilkhana massacre were remembered on the newly proclaimed "National Martyred Army Day", reports bdnews24.com.The recognition comes after years of appeals from bereaved families who sought official acknowledgment of the atrocities that claimed the...

Banks balk at rescheduling non-wilful defaulters' loans

A bailout policy-support committee constituted by the central bank for the affected businesses sits with all commercial banks' chief executives soon to motivate them as the lenders hesitate to reschedule non-wilful defaulters' loans.Sources said at the last meeting with the committee, some commercial banks had expressed unwillingness to reschedule such...

Bangladesh 'obligated' to ensure justice, says Dr. Yunus

Muhammad Yunus, chief advisor of the interim government, says that Bangladesh as a state is responsible for ensuring justice for the brutal massacre during the mutiny at the Pilkhana headquarters of the country's border security force, reports bdnews24.com.The chief advisor's remarks come as the country observes National Martyred Army Day...

Army chief urges parties to eschew mudslinging

Army chief General Waker-Uz-Zaman urges all parties to eschew "fighting, bickering and mudslinging", which may imperil Bangladesh's sovereignty, as he outlines his hope for elections by December."I am telling you this today otherwise you'll say I didn't warn you," he said while alerting that political hostilities could "endanger" the country's...

Economic recovery on, but riddled with headwinds

A gradual recovery of Bangladesh economy during the second quarter of this fiscal year is a bit retarded by 'substantial' hurdles like inflationary pressures, revenue shortfall and sluggish investment, a business body says. "In the quarter under review (October-December of FY25), the economy had been recovering gradually from political instability...

Resigned to fulfill promises of July uprising: Nahid

Nahid Islam, who resigned as Information and Broadcasting Adviser, on Tuesday said he stepped down to play a greater active role on the streets in realising the aspirations of the July uprising, rather than remaining within the government.Speaking at a press conference at the State Guest House Jamuna hours after...