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

Power generation below half-mark of installed capacity

The state-run Bangladesh Power Development Board (BPDB) is keeping the country's overall electricity generation below the half mark of the installed capacity under a 'rationing' system in view of the sagging winter demand.In such a situation the people are not getting the maximum benefit of the significant increase in the...

Banks must reduce classified loans by this year: BB

The central bank has asked all the scheduled banks for taking effective measures to reduce the volume of classified loans significantly by the end of this year.The bankers have, however, sought judicial support to this end.The directive was issued at a meeting of bankers held at the Bangladesh Bank (BB)...

Businesses want Hasina as PM for next term

Top business leaders and entrepreneurs said on Wednesday they want to see Sheikh Hasina as the prime minister of the country for next term again, terming her as the 'symbol of hope' for the entire business community and common people as well for the country's thriving growth, reports BSS.The business...

Govt using police to ‘terrorise’ people

Jatiyo Oikya Front (JOF) leaders have alleged that police personnel are being used in a bid to 'terrorise' people across the country ahead of the national election.They made the allegation in a meeting with foreign diplomats at a city hotel on Wednesday."We have informed them (the diplomats) about the ground-level...

Finance ministry to make review next week

In the wake of widespread criticism over mounting non-performing loans (NPL) in the banking system, the finance ministry is going to hold a meeting next week to review the situation, officials said.The meeting, to be chaired by financial institutions division (FID) secretary Ashadul Islam, will assess the situation in relation...

11 of a family suffer burn injuries in N’ganj

NARAYANGANJ, Dec 19: At least 11 members of a family received burn injuries in a fire that originated reportedly from a gas line leak in Haq Bazar of Fatullah early Wednesday. The injured were admitted to the Burn Unit of Dhaka Medical College Hospital. — UNB

Corbyn accused of calling Theresa May ‘stupid woman’

Britain's House of Commons erupted in anger on Wednesday when Labour opposition leader Jeremy Corbyn appeared to mouth the words "stupid woman" after a lively exchange with Prime Minister Theresa May. Corbyn's remark was captured by television cameras during the question-and-answer session in parliament that British leaders have to endure...