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

Private sector credit growth dwindles amid lower demand

Private-sector-credit growth fell further in October 2024 mainly due to lower demand, particularly for trade financing, as uncertainty is still prevailing since August 05, bankers said.The growth came down to 8.30 per cent in October 2024 year-on-year from 9.20 per cent a month ago, according to the Bangladesh Bank's latest...

Foreign mission employees' children's edn and MoFA's capricious demand

Bangladesh's foreign mission officials are entitled to a maximum annual education allowance of US$20,000 for two children studying abroad.Now, they are seeking similar facilities, equivalent to local currency of around Tk 2.4 million, so that their children can pursue study at the institutions in Bangladesh.If their children study in Bangladesh,...

HC verdict on 15th Amendment set for Dec 17

The High Court has set December 17 for the verdict on a rule issued regarding the validity of the 15th Amendment of the Constitution, which abolished the caretaker government system.A High Court bench comprising Justice Farah Mahbub and Justice Debashish Roy Chowdhury announced the date for the ruling.Attorney General Mohammad...

CA meets European diplomats Sunday

Foreign ministry has yet to receive any request from home ministry regarding deposed prime minister Sheikh Hasina's extradition from India, said a spokesman Thursday, while her case proceedings have begun.Mohammad Rafiqul Alam, Director-General of the public-diplomacy wing of the Ministry of Foreign Affairs, made the statement to a question during...

Mobile phone subscribers decline for 4th straight month

Bangladesh's mobile-phone operators, excepting state-owned Teletalk, have witnessed a decline in subscriptions for fourth consecutive months up to October, as per data from the Bangladesh Telecommunication Regulatory Commission.The total number of active mobile phone subscribers in the country stood at 189.96 million in October, a decrease of 9,00,000 from 190.86...

Railway unlikely to spend over 20pc ADP fund

Bangladesh Railway is unlikely to spend more than 20 per cent of its annual development programme (ADP) allocation in the current fiscal year due to slow progress of some major projects, including ones under the Indian Line of Credit (LoC).Officials said a reduced demand of Tk 26.35 billion had already...

BNP submits prescription to Police Reform Commission

BNP on Thursday submitted its recommendations to the Police Administration Reform Commission.BNP Chairperson's advisory council member SM Zahurul Islam handed over the party's suggestions to police reform commission chairman Safar Raz Hossain at the International Mother Language Institute in the capital's Segunbagicha area in the afternoon, reports UNB.Zahurul Islam, a...

Dengue: 5 more die -_

Five more people have died of dengue infection while 570 new patients have been hospitalised with the Aedes mosquito-borne disease across Bangladesh in the past 24 hours till Thursday morning, reports bdnews24.com.With the new counts, the number of people in hospitals with the fever has reached 94,884 this year. A...

Rickshaws occupy most parts of the roads in Dhaka metropolis

Rickshaws occupy most parts of the roads in Dhaka metropolis. This Wednesday picture shows a graveyard for such slow-moving pedalled vehicles near the metrorail station on the Dhaka University campus, thereby obstructing their motorised peers' way. — FE Photo by Shafiqul Alam

New notes with 'graffiti', without Mujib image within 6 months

Bangladesh Bank (BB) is printing new notes changing the existing design with the inclusion of features of July uprising, reports UNB.According to the central bank, the banknotes of Tk 20, 100, 500, and 1000 are being printed as per instruction of the interim government.The new notes will not include image...

Kazi Nazrul to be officially recognised as national poet

Kazi Nazrul Islam is known as the national poet to Bangladeshis, but there has been nothing official about it - no formal or state recognition.But now, the interim government led by Chief Advisor Muhammad Yunus has decided to make the recognition official.The decision was taken at an Advisory Council meeting...

RJSC papers doctored with fake stamps

The documents related to share transfer of Transcom Group Ltd, which were seized from the Directorate of Joint Stock Companies and Firms (RJSC), have been prepared using fake non-judicial stamps.Two reports submitted to a Dhaka court by the Postal Department and Dhaka deputy commissioner's office have stated this information.Last February,...

Journalist Foyez appointed as sr assistant press secy to Yunus

Foyez Ahammad, special correspondent to the English daily New Age, has been appointed as the senior assistant press secretary to Muhammad Yunus, chief advisor to the interim government, reports bdnews24.com.A notice to the effect was released by the Ministry of Public Administration's Contract & Foreign Employment Section on Thursday.The notice...

Bus Rapid Transit: Gulistan-Gazipur AC bus service from today

The new air-conditioned (AC) bus service of the Bus Rapid Transit line will launch an expanded route today, connecting Gulistan Zero Point to Shibpur-Gazipur via the Elevated Expressway, reports UNB.The updated service will include key stops at Gulistan, Shahbagh, Farmgate, Airport, College Gate, Board Bazar, Bhogra, and Shibbari, according to...