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

Election timing political decision, people to decide about exit

Urging national unity in building a fair future with equitable rights for all, interim government Chief Adviser Professor Muhammad Yunus Sunday said election timing is completely a political decision and the people are to decide about their exit. Speaking in a televised address, Prof Yunus said all necessary steps had...

Credits get costlier as policy rate raised to 9.0pc

Regulatory-policy rate is raised by 50 basis points to 9.0 per cent suiting interim government's move to contain inflation-fuelled price rises for a long time.Bangladesh Bank (BB) announced the decision Sunday, which would make funds costlier for both businesses and consumers. But the move reflects the central bank's concern over...

Public sufferings mount as floodwater receding

Although floodwater has started to recede in the southeastern region, the overall situation has remained dire with communication networks still severely disrupted affecting 5.2 million people.Nearly 1.1 million families stranded face mounting difficulties in accessing essential supplies, medical aid and transportation. Currently, the total number of flood victims stands at...

Hold patience, help us do assigned duties

Chief Adviser of the interim government Dr Muhammad Yunus urges the agitating groups staging sit-ins around his office, secretariat and different parts of the capital not to interrupt government's day-to-day activities.In his maiden address to the people of Bangladesh, in which he elaborated their popular mandate for reforms in the...

Rooppur NPP project work continues normally

Russia's state-run atomic agency - Rosatom -- asserted on Saturday that the implementation of the Rooppur Nuclear Power Plant (NPP) Project continued normally despite the regime change in Bangladesh and swearing in of the interim government."Implementation of Rooppur NPP project- construction-of the units and supply of equipment and installation, start-up,...

Tigers seal historic Test victory vs Pak

When it mattered most, the Tigers roared collectively to complete a most decorated victory in their Test history when they sealed a perfect 10-wicket win over Pakistan in the two-match series opening game at Rawalpindi on Sunday, reports BSS.It was their first Test victory against Pakistan in 14th attempt. Before...

Ansar men flee after clashes with students

Clashes took place between Ansar men rallying to voice their demand and quota movement students before the former fled at around 9:00 pm on Sunday in the city.Earlier a piece of news spread that agitating Ansar and VDP men reportedly besieged Information Adviser Nahid Islam and some other coordinators of...

BB dissolves SIBL board

After Islami Bank and National Bank, Bangladesh Bank (BB) has dissolved the board of directors of the Social Islami Bank Limited (SIBL) in a move to restructure the reeling unconventional bank.At the same time, the banking regulator also reconstituted the board with appointing Major (retd) Dr Md Rezaul Haque, the...