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

WB suggests merger of problem banks

The World Bank (WB) has suggested that the government of Bangladesh merge the problem banks with their better-performing peers.The global lender also suggested that the country revamp its almost-moribund capital market, said finance minister AHM Mustafa Kamal.The minister revealed this after a meeting with the Bank at its headquarters here...

Hilsa prices soar before receding by evening

Prices of Hilsa soared on Saturday morning before plummeting to its previous range by the evening on the eve of the 'Pahela Baishakh' celebrations slated for today across the country to welcome the Bangla New Year 1426.Most of the fruits also saw an upswing in their prices amid the rising...

Sweetmeat biz booms on corporate gifts

Country's sweetmeat businesses have witnessed a boom in recent times with corporate gift topping the list to greet their clients on the occasion of Pahela Baishakh and other festivals.Innovation in packaging, diverse design and taste of sweetmeat along with sugar-free variety attract the corporate houses to choose the item as...

Act early on banking sector issues: IMF

The International Monetary Fund (IMF) has found the performance of the Bangladesh's banking sector 'not satisfactory'. "Banks' performance in Bangladesh despite strong economic growth has not been satisfactory," said Anne-Marie Gulde, deputy director of Asia and Pacific Department of the IMF.The IMF senior official was responding to a Financial Express...

Arson attack on Nusrat at principal’s behest: PBI

The arson attack on Nusrat Jahan Rafi, a student of Sonagazi Islamia Senior Fazil Madrasa, was made as per the "instruction" of the madrasa principal Siraj Ud Dowla, said Police Bureau of Investigation (PBI), reports BSS."The arson attack on Nusrat was made at the instruction of madrasa principal Siraj Ud...

Govt faces 'capacity payment' risk

The government faces 'capacity payment' risk from the day one of the commercial operations of the country's second LNG import terminal.The risk emanates as necessary transmission pipeline to evacuate re-gasified LNG has not been installed yet.The country's second LNG import terminal owned by Summit Group is slated for commissioning next...

Three die as train hits vehicle in Sirajganj

A Dhaka-bound Maitree Express train, which runs between India and Bangladesh, rammed a vehicle in Sirajganj, killing three people. The incident took place at Kamarkhanda Upazila around 1:30pm on Saturday. The passengers were cattle traders. They were carrying cattle in the vehicle. The vehicle locally known as Votvoti was crossing...

Three 'robbers' lynched in Feni

FENI, Apr 13: Three suspected robbers were killed in a lynch-mob attack at Uttar Alipur village in Daganbhuiyan upazila early Saturday. Two of the deceased were identified as Monir Hossain, 28, son of Monowar Hossain and Sohag, 30, son of Jasim Uddin, hailing from Char Fasson in Bhola district. Locals...

Bodies of five flown home from Malaysia

Bodies of five Bangladeshi nationals, who lost their lives in a bus accident in Malaysia, arrived in Dhaka early Saturday. Malaysia Airlines flight MH 196, carrying the bodies of the youths, arrived at Hazrat Shahjalal International Airport at 12:55am. The deceased are Al Amin, 24, and Sohel, 24, from Chandpur,...