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

Call money rate eases on BB liquidity support to banks

The interbank call-money rate has eased slightly, thanks to the Bangladesh Bank's liquidity support and sluggish credit growth in the country's banking sector.The overnight call rate stood at 9.96 per cent on Wednesday, compared to more than 10.10 per cent recorded on Thursday last.The call money rate, which reflects the...

CA reaches Cairo to join D-8 Summit

Chief Adviser Professor Muhammad Yunus arrived in the Egyptian capital of Cairo at 11 am local time on Wednesday to attend the D-8 Summit.The Minister of the Public Business Sector of the Arab Republic of Egypt, Mohamed Shimi, received him at Cairo International Airport, the chief adviser's press wing said.Later,...

BD consumers complain less unlike foreigners, says Finance Adviser

Finance Adviser Dr Salehuddin Ahmed has said Bangladeshi consumers do not make complaints about high commodity prices while those abroad are very much conscious about this issue."If people become conscious and they themselves monitor the price situation and make complaints, we can take proper actions," he added.The adviser was briefing...

Majority of 4th-generation banks issued licences on political considerations

Almost all the fourth-generation banks in Bangladesh were given licences on political considerations, reveals a study conducted by the Bangladesh Institute of Bank Management (BIBM). While a few of these banks have shown promising performance, many are riddled with serious challenges, including liquidity crises, high non-performing loans (NPLs), reputation issues,...

'Renewables may meet 37pc avg peak power demand by 2030'

Stakeholders at an event on Wednesday said about 37 per cent of Bangladesh's average peak electricity demand could be met through renewable energy sources by 2030. Significant enhancements in renewable energy financing from the banking sector are necessary to achieve the target, they told the workshop titled "Renewable Energy Financing...

Well-designed city bus demanded

Stakeholders at a public hearing on public transport on Wednesday called for a well-designed city bus-transport system that would offer comfortable rides by addressing the prevailing issues.They also laid importance on preparing a framework for bringing all routes under the operations of a single company and removing ramshackle buses from...

Govt to set up 'July Mass Uprising Directorate'

The interim government has taken an initiative called the "July Mass Uprising Directorate" to infuse the ideals and spirit of the July mass uprising into the state and national life.The Ministry of Liberation War Affairs is set to lead the directorate, reports bdnews24.com.A statement issued by the ministry on Wednesday...

Dengue: 5 more die ---

Five more deaths were reported from dengue in 24 hours till Wednesday morning, raising the number of fatalities from the mosquito-borne disease in Bangladesh to 556 this year, reports UNB.Among the recent fatalities, two occurred in Dhaka South City Corporation (DSCC), two in Dhaka North City Corporation (DNCC) and one...

Dhaka division selection round tomorrow

The Dhaka division selection round of popular reality show 'Ispahani Mirzapore Banglabid-6th Edition' will be held tomorrow (on Friday) at the premises of 'St. Joseph's Higher Secondary School' in the capital, says a press release. With the motto of the event being "Banglai Jagi Bhorpur," the country's renowned brand 'Ispahani...

Jahangir Alam Chowdhury talks to media after separate meetings

Home adviser Lt Gen (retd) Jahangir Alam Chowdhury talks to the media after separate meetings with two factions of the Tablig Jamaat at his ministry on Wednesday. - PID

National Bank wins 'Remittance Award 2024'

The National Bank has been honoured with the "Remittance Award 2024" by the Ministry of Expatriates' Welfare and Overseas Employment for its exceptional contribution to remittance collection during the fiscal year 2023-24, reports BSS.The award ceremony was held at the Osmani Memorial Auditorium in Dhaka on Thursday, as part of...