Nine banks, six owned by government, suffered an aggregate capital shortfall worth over Tk 194.67 billion in the last calendar year mainly as their swelling classified loans took a toll.Sources in the banking circles indicated a worrying feature of the syndrome as two more banks hit the list of capital-deficient...
Read moreWreaths covering the pedestal of National Memorial at Savar off the capital on Monday, the Independence Day, with people from all walks of life paying tribute to the 1971 Liberation War martyrs — FE Photo
Read moreVeteran journalist Rahman Jahangir was laid to rest at his village home Mashundha in Matlab upazila of Chandpur district on Tuesday.He breathed his last at Lab Aid Hospital in Dhaka city on Monday, his family sources said. Until his death, he served The Financial Express as an Editorial Consultant.He began...
Read moreStocks suffered a big fall Tuesday, with prime index of Dhaka Stock Exchange (DSE) dipping below 5,500-mark after more than nine months, amid persistent liquidity problem in the money market.Market operators said investors' confidence remains low to the market as persistent liquidity shortage coupled with uncertainty continuing over the Dhaka...
Read moreA move is underway for taxing the tycoons operating businesses in tax havens by incorporating international legal provisions into Bangladesh's income-tax law, sources said.At the core of the set of provisions lies Controlled Foreign Corporation (CFC) that enables the country of origin to levy taxes on business operations in another...
Read moreMeasures to counter and prevent the spread of terrorism, violent extremism and radicalisation in the South and South-East Asian region are likely to dominate the second meeting of the BIMSTEC national security chiefs that kicks off in the capital today (Wednesday).Top security officials of the BIMSTEC (Bay of Bengal Initiative...
Read moreBy a seeming contrast to a bearish run of Bangladesh's bourses, trading in open-ended mutual funds finds an exponential growth, with the number of investors in ICB tools showing a boom. The Investment Corporation of Bangladesh (ICB) sources said the number of investors in their funds had risen fast in...
Read moreThe government has decided to keep coaching centres across the country closed from tomorrow (Thursday), apparently to prevent question leaks during the upcoming Higher Secondary Certificate (HSC) and equivalent examinations beginning on April 2. Secondary and Higher Education Division Secretary Sohorab Hossain disclosed the decision on Tuesday. — UNB
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