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

External debts up by 141pc in two years

The volume of Bangladesh's external debts surged by 141 per cent to US$ 54.73 billion in two years to June last, says the central bank.The volume of external debts at the end of March 2016 stood at US$ 38.88 billion, the Bangladesh Bank (BB) said in its quarterly financial stability...

Dr Kamal to lead 16-man Oikya Front team in talks with Hasina

A 16-member Jatiya Oikya Front delegation, led by Dr Kamal Hossain, will join the talks with Awami League President and Prime Minister Sheikh Hasina at Ganobhaban on Thursday evening, reports UNB.Senior Oikya Front leaders took the decision at a meeting at Dr Kamal Hossain's Motijheel chamber on Tuesday evening, JSD...

EU, US envoys again seek extension of Accord tenure

Heads of missions of several western countries, which signed Bangladesh Sustainable Compact, again requested the government to take necessary steps for extending the tenure of Accord, officials have said.Following a High Court order, the Accord, factory inspection agency of European apparel retailers, need to stop operations in Bangladesh by November...

BB frames guidelines to help cut NPLs

The central bank has introduced guidelines on the Internal Credit Risk Rating System (ICRRS), aiming to reduce the volume of classified loans through maintaining credit risk exposure within acceptable levels.The guidelines along with a model will be a valuable addition to the credit risk management tools, which will help the...

HC raises Khaleda’s jail term to 10 yrs in graft case

The High Court (HC) extended on Tuesday the jail term of BNP Chairperson Khaleda Zia in the Zia Orphanage Trust graft case to 10 years from five years, reports UNB.An HC bench of Justice M Enayetur Rahim and Justice Md Mostafizur Rahman passed the order.The HC also upheld 10-year jail...

China suggests resisting trade protectionism for inclusive dev

China has urged the world to resist trade protectionism in a bid to ensure inclusive economic development for people across the globe.Narrating the objectives of the Belt and Road Initiative (BRI), senior Chinese leaders said on Tuesday the spirit of BRI is to ensure a win-win situation for the stakeholder...

ECNEC clears WB-funded Rohingya rehab project

The government has approved a total of 24 development projects, including the World Bank-funded Rohingya rehabilitation project, involving a combine cost of Tk 247.41 billion.The Executive Committee of the National Economic Council (ENCEC) endorsed the record number of projects at a meeting in the city on Tuesday, with Prime Minister...

Three girls are crossing the road

The overbridge meant for pedestrians lying unused as the three girls are crossing the road near the Mirpur -13 bus stand in the city on Tuesday, shrugging off the risk of an accident — FE photo by KAZ Sumon

News Watch- (31-10-2018)

Customs seize 10kg of gold at HSIACustoms officials seized on Tuesday 10 gold bars worth about Tk 50 million and weighing 10 kilogrammes from the capital's Hazrat Shahjalal International Airport. The gold bars were found in an abandoned condition at the courier wing of the airport. — BSS Govt relieves...