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

BB now better equipped to handle errant banks

A clearly defined drive begins in acquisitions and mergers of problem banks as the regulator Thursday issued regulations for the Bank Resolution Ordinance 2025 made by the interim government for banking-sector reforms. Officials said the regulations, rolled out by Bangladesh Bank-- the central bank--made the rules "more practical, operational, and...

Runaways barred from contest, voters can cast 'no' vote

Voters can cast 'no' vote in the next polls while candidates, even if from an electoral alliance, must contest the national elections under their respective party symbols.These are two significant provisions incorporated into the Representation of the People Order (RPO) through an amendment the interim government's Advisory Council endorsed Thursday...

Govt retracts fourth int'l airport declaration

Upgrading beach-city Cox's Bazar airport to international status stalls with the government declaration retracted as the HSIA fire ordeals prove its infrastructure inadequacies on many counts, sources say.Official sources told The Financial Express that the decision is prompted by the blaze at the cargo village of Hazrat Shahjalal International Airport...

AKIJ Resource seeks to introduce Sariah-based digital bank

AKIJ Resource, a business entity that originated from one of the oldest conglomerates- AKIJ Group- aspires to introduce the country's first-ever Sariah-based digital bank.As part of the plan, AKIJ Resource has decided to apply for securing digital banking license from the Bangladesh Bank (BB) to meet the full-fledged digital banking...

Customs asked to clear goods within 24 hours

The government has directed Dhaka Customs House to release all imported goods within 24 hours at Hazrat Shahjalal International Airport (HSIA) to ease the disruption caused by the recent fire at the cargo village.Customs and related agencies have been instructed to operate round the clock to clear pending consignments, with...

Signing ILO convention raises factory owners' onus

Following Bangladesh's signing of the International Labour Organization's (ILO) Convention 190, employers now face greater responsibilities to ensure gender sensitivity and prevent workplace harassment, in line with the convention, industry leaders have said.As the second Asian country to sign it, the Convention will come into force in Bangladesh from early...