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

Banking sector yet to meet global standards

The banking sector has yet to meet global standards for factors like changes in the definition of loan defaulters and undue interferences, said noted economist Dr Wahiduddin Mahmud on Sunday.He said communicating with the rest of the world would be expensive unless the country's banking sector is not upgraded as...

Seek actions on placement shares, stock dividends

The securities regulator has assured top stockbrokers of taking market supportive measures including making a provision for setting a ceiling on shares issued through IPO (initial public offering) and private placements.The assurance came at a meeting held at the office of the Bangladesh Securities and Exchange Commission (BSEC) on Sunday.Top...

Vibrant capital, bond markets seen as most potential answers

Experts at an international conference have suggested developing vibrant capital and bond markets to create long-term financing options for businesses.Businesses in Bangladesh now totally depend on the banking sector for term loans, whereas, as per global practice, such types of funding mainly come from alternative sources, they said.They also underscored...

Banking sector fragile, says Kamal in JS

Finance Minister AHM Mustafa Kamal on Sunday said the capital market of the country is not under government control while its banking sector is now in a fragile condition, reports UNB."The capital market is not under government control, but I won't say it's fully beyond government control," he said while...

Cyclonic storm Fani likely to spare BD

The maritime ports of Chattogram, Cox's Bazar, Mongla and Payra have been advised to keep hoisted distant warning signal no two as the Cyclonic storm 'Fani' over southeast Bay and adjoining area moved north-northwestwards further over the same area, reports UNB.It was centred at 6 am on Sunday about 1745...

News Watch- (29-4-2019)

Principal admits to ordering associates to kill NusratPrincipal SM Siraj-ud-Daula of a Feni madrasa has confessed to ordering the fatal arson attack on student Nusrat Jahan Rafi for her refusal to drop sexual abuse charges against him, police say. He gave the orders to his students and associates Nur Uddin...