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

Banking system trails economic growth pace

Bangladesh's banking system, especially the central bank, falls behind the country's growth, creating a mismatch, says an expert."If you look at the major indicators of Bangladesh's economy, including GDP and budget, it has jumped many, many times over the decades. But the banking sector has not," former Governor of Bangladesh...

Border areas calm after heightened tensions

COX'S BAZAR, Mar 4: The situation in Tumbru and Ghundum border areas in Naikhongchhari upazila was calm on Sunday after a flag meeting earlier between Border Guard Bangladesh (BGB) and Myanmar Border Guard Police (BGP).According to border sources, no BGP men had been seen patrolling the barbed wire fence area...

ACC makes 21 suggestions to curb RHD corruption

Anti-Corruption Commission (ACC) sent a 21-point recommendation to Cabinet Division on Sunday for taking effective steps to check corruption at Roads and Highways Department (RHD).The set of recommendations was prepared by an administrative team of the national anti-graft agency to find out the root causes and modes of graft at...

Full-scale OMS programme starts today

Without any prior announcement, the government has deferred its decision on the resumption of open market sale (OMS) of food-grains.The OMS programme was scheduled to be launched in the city yesterday (Sunday). However, the programme started only in a few districts on the day, officials said. The officials tasked with...

‘No plan to export Chinese dev model to other states’

China has neither plan to export its development model to other countries nor import any model from others, as every country should find its own unique model, a top executive of the Chinese government has opined."We don't think there is a one-size-fits-all development model. All countries need to independently find...

The stitch that wasn’t made in time

In a brief social interlude, a former Inspector General of Police who was in service at time, was quietly confident in saying 'it isn't possible to investigate all crimes in a country of 160 million people'. Alarming as that may sound it was a frank statement, reflective of reality. In...

Govt revising rates to set standard for private ones

The government is revising the user fees of public hospitals to set a standard for the private hospitals and ensure that they cannot charge exorbitant rates for same kind of investigations like X-ray and ultrasonography.It is also preparing an 'emergency protocol' to help guide all the hospitals to set up...

Man shoots, kills self near White House

WASHINGTON, Mar 04 (Reuters): A man fatally shot himself in the head along the north fence of the White House on Saturday, the US Secret Service said in a statement.Authorities were withholding the man's name until relatives were notified. The Secret Service said the man approached the White House fence...

US wants multi-party polls in BD, says Lisa

The United States has laid emphasis on multiple-party participation in the general election in Bangladesh, reports UNB.Deputy Assistant to the US President and Senior Director for South and Central Asia at the National Security Council Lisa Curtis discussed the issue when she met Foreign Minister AH Mahmood Ali at the...

AMA Muhith attends the 25th anniversary celebration of ACI Group

Finance Minister AMA Muhith attends the 25th anniversary celebration of ACI Group at the capital's Radisson Blu Water Garden hotel Saturday. Chairman of the company, M Anis Ud Dowla, Managing Director Dr. Arif Dowla, Apex Group Chairman Syed Manzur Elahi, BIDA executive chairman Kazi Aminul Islam and noted civil engineer...