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

Dedicated BB div pursuing 200 major NPL cases of Tk 2.0b each

A dedicated division under Bangladesh Bank spearheads anew stolen-asset-recovery initiative with over 200 high-value non-performing loan (NPL) cases under scrutiny, each involving an estimated Tk 2.0 billion.A newly established unit--Stolen Asset Recovery Division--is currently validating the amounts using data from the Credit Information Bureau (CIB), says Farhanul Gani Choudhury, adviser...

Rural economy in focus amid stalled project scrutiny

Strengthening the rural economy is on new government's "top priority", even as more than 1,800 development projects from previous administrations remain under the scanner over poor implementation and alleged corruption, says the finance minister.Finance and Planning Minister Amir Khosru Mahmud Chowdhury Monday apprised parliament of their government's policies and programmes...

Filling station queues extend a country mile

A deepening energy crisis has left the capital grappling with a severe fuel shortage. Filling stations across Dhaka have been unable to meet the surging demand, forcing motorists into gruelling hours of waiting for strictly rationed supplies.The impact triggered by escalating tensions in the Middle East was visible across the...

PM meets Jamaat chief in courtesy call

Prime Minister Tarique Rahman on Monday held a brief but notable meeting with Opposition Leader and Ameer of Bangladesh Jamaat-e-Islami Dr Shafiqur Rahman at his Parliament office. The unscheduled interaction, requested by the opposition leader, comes amid ongoing political engagement on key national issues.The meeting, though short, highlighted a cordial...

Govt to launch vax drive in June as measles cases spread fast

The government has decided to launch a measles vaccination campaign in June next with a lowered age limit as the highly contagious disease spreads in Dhaka, Rajshahi, Chittagong, Khulna, and some other districts.The government has also lowered the age limit in the measles vaccination campaign that is usually run every...

BD, India fast-track currency swap in cross-border biz transactions

Bangladesh and India have begun formal discussions on bilateral currency-swap arrangement in cross-order trade transitions, sources say. Although the high-profile initiative to settle portion of bilateral trade in Indian Rupee (INR) had launched in July 2023, not through taka-rupee swap, struggled to gain traction due to a significant trade imbalance...