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

NPL bulge blamed on too many banks

The presence of too many banks and the resultant competition are some of the main reasons for the rising amount of non-performing loan in the country, experts said on Wednesday. They also said that state-owned banks are lagging behind their private counterparts when it comes to efficiency. The views came...

No 'consensus' after second dialogue

Jatiya Oikya Front (JOF) leaders on Wednesday said they will continue their agitation, and as part of the programmes will organise a rally in Rajshahi city tomorrow (Friday). However, they will not hold the scheduled road-march towards Rajshahi today (Thursday). The leaders opined that more discussion is required to press...

Petrobangla cancels LNG import cargo

The state-owned Petrobangla has cancelled a regular shipment of liquefied natural gas (LNG) from Qatar as regasification at the maiden LNG terminal remained suspended for six days now.Regasification at the FSRU (floating, storage, regasification unit) has remained halted since Saturday evening due to a damage to an underwater hydraulic valve.RasGas...

ECNEC okays 28 more uplift projects

The government on Wednesday endorsed 28 development projects in what is seen as an aggressive approval process ahead of the general elections.The Executive Committee of the National Economic (ECNEC), the government's highest economic policy-making body, okayed the projects at an aggregate cost of Tk 302.34 billion in its meeting presided...

Visitors at the Bangladesh Denim Expo

Visitors at the Bangladesh Denim Expo which began at International Convention City Bashundhara (ICCB) in the city on Wednesday — FE photo

Democrats seize US House, Republicans control Senate

WASHINGTON, Nov 07 (Reuters): Donald Trump faced greater restraints on his presidency after Democrats won control of the US House of Representatives and pledged to hold the Republican accountable after a tumultuous two years in the White House. Trump and his fellow Republicans expanded their control of the US Senate...

News Watch- (8-11-2018)

PM's press confce postponed: PMOPrime Minister Sheikh Hasina's press conference scheduled for today (Thursday) has been postponed due to unavoidable circumstances. "The press conference has been postponed due to unavoidable reasons," PM's Press Secretary Ihsanul Karim said on Wednesday. The premier was scheduled to address the press conference the divulge...