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

Dhaka deluged with torrential rain

Dhaka got deluged Sunday following overnight torrential rain that crippled normal life and business and pushed parts of Bangladesh deeper into a flood emergency.Widespread water-logging disrupted motor traffic and three-wheelers had a day as pullers-drivers charged exorbitant fares as people got stranded at different points. The capital city's Banani Kakoli...

SoBs' default loans rise to Tk 1.89t: Khosru

Defaulted loans from Bangladesh's nine state-owned banks have risen to nearly Tk 1.89 trillion, prompting the government to begin overall banking-sector overhaul, the finance minister told parliament on Sunday.A series of short-, medium- and long-term reforms are being carried out for restoring discipline in the banking sector, said Amir Khasru...

Constitutional status sought for BB Governor

Former Bangladesh Bank Governor Professor Dr Mohammed Farashuddin has called for granting constitutional status to the office of the Bangladesh Bank governor as part of a broader package of constitutional reforms, aimed at strengthening democratic governance and accelerating economic growth.He also recommended proportional representation for an Upper House while retaining...

Jamiruddin Sircar is no more

Former Acting President, former Speaker, BNP Standing Committee Member and senior lawyer Barrister Jamiruddin Sircar passed away on Sunday, report agencies.He breathed his last at a private hospital in the capital at 4:19 am, a press release from the Supreme Court said.Barrister Jamiruddin Sircar was 94.He was laid to rest...

Business bodies seek urgent govt support for trade rescue

Leading trade bodies urge the government for policy support and a financial package for businesses hit by rain-fed cataclysmic flooding that has disrupted operations at Chattagram seaport and on its connected road and rail networks.In a joint letter sent to Shipping Minister Shaikh Robiul Alam on Sunday, the business organisations...

Tk 9.83b spent for celebrating Mujib centenary, FM tells JS

The government spent over Tk 9.82 billion (982.91 crore) on programmes marking the Mujib centenary, including implementation of various events, construction of memorial platforms and sculptures of Sheikh Mujibur Rahman, and installation of digital state time-display boards, Finance Minister Amir Khosru Mahmud Chowdhury informed parliament on Sunday.The disclosure came in...