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

A possible game-changer for BD's sustainable growth

Amid the ongoing foreign exchange volatility, local businesses could attract substantial capital through "foreign private equity funds", offering a lifeline to the crisis while fostering sustainable growth.Launched in 2020, the foreign private equity fund BMA, supported by globally renowned institutions, such as British International Investment (BII), Dutch development bank FMO,...

CPD envisions economic dialogue with politicians

Centre for Policy Dialogue (CPD) chairman Prof Dr Rehman Sobhan on Sunday said the think tank's mission was to foster conclusive as well as constructive dialogues on economic issues by engaging political leaders.While addressing an event hosted at a local hotel commemorating the CPD's 30-year journey, he highlighted the organisation's...

BB raises credit card interest rate to 25pc

The Bangladesh Bank has raised the interest rate on credit card loans by 5 percentage points to 25 per cent to ensure effective loan risk management as well as align with the policy rate and banks' rising funding costs.It issued a circular in this regard on Sunday, asking banks to...

Central bank relaxes credit terms for industrial enterprises

Bangladesh Bank has relaxed rules asking banks to allow their industrial clients import capital machinery under supplier's/buyer's credit on usance term up to three years, officials said. The central bank has revised the usance tenure from existing 360 days to stimulate long term investment, according to a circular issued on...

$2.19 billion in remittances received in Nov

Bangladeshi expatriates sent $2.19 billion in remittances in November 2024, marking a 13.47 per cent year-on-year growth, according to Bangladesh Bank (BB) data released on Sunday.This, however, is slightly lower than that of October's $2.39 billion inflows.Remittance inflows have shown fluctuations in recent months, with the country receiving $1.91 billion...

Six more die of dengue -

Six more deaths were reported from dengue in 24 hours till Sunday morning, raising the number of fatalities from the mosquito-borne disease in Bangladesh to 494 this year.Among the recent fatalities, two occurred in Chattogram division, and one each in Dhaka South City Corporation (DSCC), Dhaka division, Barishal, and Rajshahi...

In this picture taken from Marjayoun

In this picture taken from Marjayoun, thick smoke rises from explosions as Israeli forces reportedly demolish dwellings in the border town of Khiam in southern Lebanon, on Sunday, days into a fragile ceasefire between Israel and Hezbollah. — AFP

Huge assets of Hasina's close associates found in UK

Huge assets have been found in the United Kingdom (UK) belonging to the close circle of ousted Prime Minister Sheikh Hasina, reports BSS.The circle including former ministers, politicians and businessmen have an accumulated investment of approximate over 40 crore pound (approximately Tk 6,000 crore) or much more in the UK...