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

PM urges pvt TV channels to perform social responsibilities

Prime Minister Sheikh Hasina has urged the private television channels to perform their duty to the society side by side making profit and giving concentration on broadcasting educative materials to guide the society in right direction, reports BSS."People enjoy television particularly for recreation which also can play an important role...

Two women hurt in bus firebombing in Bogura, BNP man held

A group of people attacked buses with petrol bombs in Bogura injuring two female passengers, hours after a Dhaka court sentenced 19 people to death and as many to life in prison in the 2004 grenade attack case, reports bdnews24.com.The firebombing took place in the district's Shajahanpur area.The jailing of...

Anonymous transaction biggest loophole: BIBM

Anonymous transaction is the "biggest loophole" in tackling money laundering through mobile payment in Bangladesh, a new survey on the bankers has revealed. Improper KYC (Know Your Client) by agents is the main reason behind such anonymous transactions, which are triggering such money laundering, said the survey conducted by Bangladesh...

ICB plans to inject fresh funds into stock mkt

The Investment Corporation of Bangladesh (ICB) has planned to inject fresh funds into the capital market to keep the market stable ahead of the upcoming general election.Under the move, the state-run investment agency is now working to collect funds worth Tk 20 billion through issuing its subordinate bonds shortly, according...

$100m BIMSTEC dev fund on the cards

The member states of regional trade bloc BIMSTEC are set to establish a fund for research, planning and financing development projects.At the initial stage, officials have said, the fund styled 'BIMSTEC Development Fund (BDF)' will be worth $100 million.The fund will be set up with voluntary contributions from the member...

Maersk Line CEO in Ctg on strategic business tour

Søren Skou, the chief executive officer (CEO) of Maersk Line, the world's largest container shipping company, arrived in Chattogram on Wednesday.This is the first visit of a CEO of the global logistics firm since its business in Bangladesh for more than four decades.Mr Skou, who flew his personal jet, directly...

Bangladesh slips five notches

Bangladesh has ranked 100th in the Global Passport Power Rank 2018, slipping five notches from its previous ranking, reports UNB.In 2017, Bangladesh ranked 95th with visa-free access to 38 countries, according to the rankings released on Tuesday by Henley & Partners, a US-based citizenship and planning firm.Bangladesh is placed at...

Experts for safeguarding investors

CHATTOGRAM, Oct 10: The capital market is not expanding commensurate with economic progress as the investors are still shaky, according to experts.They spoke of the market's huge potential to contribute to the national development.The investors are shaky because their level of knowledge about investment in the market has not grown...

Muhith joins C'wealth finance ministers' meeting today

Finance Minister Abul Maal Abdul Muhith will attend the Commonwealth finance ministers meeting in Bali, Indonesia today (Thursday), reports BSS. Finance ministers of 53 Commonwealth member states will take part in the meeting where they will discuss financing solutions to help assess the risk of natural disasters of these countries....