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

IMF loan release may face NPL, capacity payment roadblocks

Disbursement of a US$1.0-billion aggregated tranche from the IMF lending package principally faces NPL roadblocks as its reform-reappraisal mission indicates fund holdback unless banks' bad-loan buildups cut as per terms, sources said. Officials said Tuesday fund release from the International Monetary Fund's assured package of budget-support credit worth $4.7 billion...

Caretaker government system revives

A reversal process triggered by the August uprising now restores the controversially scrapped constitutional provision of non-party caretaker government for holding elections in Bangladesh.Also reinstated in the constitution is referendum on issues like fundamental changes to the national constitution -- a must-have now as a constitution commission is 'rewriting' the...

Tk 8.1b to be invested in 3 gas projects

The government will invest Tk 8.1 billion in three gas projects over the next two years. They include procuring and installing a 60-MMSCFD processing plant for Bhola North Gas Field, drilling the Rashidpur-11 exploration well in Habiganj, and running a 2D seismic survey on exploration blocks 7 and 9 in...

ACC launches inquiry against ex-PM Hasina, her family members

The Anti-Corruption Commission (ACC) has opened an investigation into allegations that former Prime Minister Sheikh Hasina and her family members, including Tulip Siddiq, embezzled money through various projects, including over $5.0 billion (Tk 590 billion) from the Rooppur Nuclear Power Plant (RNPP).A senior ACC official confirmed it on Tuesday. The...

BD to press for quick end to Rohingya crisis

Foreign Adviser Md. Touhid Hossain said Bangladesh will press the international community to find out ways and means to repatriate over 1.3 million Rohingya refugees in the upcoming Bangkok meeting on Myanmar crisis.Thailand will host two regional meetings on Myanmar this week, with at least one including representatives of the...

Probe body in 5 working days: Home Adviser

An investigation committee to ensure justice in the Bangladesh Rifles (BDR) killings will be formed within the next five working days, said Home Affairs Adviser Lt Gen (retd) Md Jahangir Alam Chowdhury on Tuesday, reports UNB.This committee will include retired judges, civil service, armed forces, and police personnel, he said.He...

Briefing 2024-12-18

NCL T20: Metro survive Rabby scare to stay unbeaten Dhaka Metro secured its fifth straight victory in the National Cricket League (NCL) T20 as they survived a Mahfuzur Rahman Rabby blitz to pull off a thrilling one-run victory over Sylhet Division at the Sylhet Academy Ground in Sylhet on Tuesday.