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

AIIB emerges as one of BD's major dev financiers

The newcomer Asian Infrastructure Investment Bank (AIIB) has emerged as one of the important multilateral institutions contributing to the Bangladesh's development efforts, as the latter is now the fifth largest recipient of the bank fund. Currently, the Beijing-based AIIB's portfolio of development aid in Bangladesh stands at US$2.78 billion for...

PM inaugurates work on installation next week

Prime Minister Sheikh Hasina is expected to inaugurate the installation work of Reactor Pressure Vessel (RPV) at unit-2 of the under-construction 2,400 megawatt (MW) Rooppur Nuclear Power Plant (RNPP) at Ishwardi in Pabna next week.Director General of Rosatom, Russian state-owned nuclear company, Alexey Likhachev is also likely to attend the...

Miladunnabi today --

The country will observe the holy Eid-e-Miladunnabi today (Sunday), marking the birth and demise anniversary of Prophet Muhammad (Peace Be Upon Him) amid massive religious festivity and fervor, reports BSS.Different government and non-government organizations including the Islamic Foundation (IF) have chalked out elaborate programmes to mark the day.President M Abdul...

Q1 sees sharp fall in wheat import

Import of the second staple food, wheat, witnessed a drastic fall in the first quarter (July-September) of the current fiscal year, raising concern over the country's food security in coming months, insiders say.Private importers have bought in less than 0.4 million tonnes during the period when prices of wheat flour...

New BB tools to assess banks' strengths

The central bank is preparing a stress-testing mechanism that would help the banks better understand their financial strengths in the events of any macroeconomic shock in the country. It has taken the initiative to formulate the new tools as recommended by the International Monetary Fund (IMF).Currently, the Financial Stability Department...

Briefing 2022-10-09

Uniform online platform for mkt entitiesAll entities of the stock market will come under a uniform online communication platform for reporting to the securities regulator on January 1, 2023. The Bangladesh Securities and Exchange Commission (BSEC) has issued an order to complete developing the platform by December 31 this year....