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

Interest rate spread remains high despite BB close monitoring

Interest rate spread in the country's banking sector remained unchanged in March as the commercial banks increased their interest rates equally on both deposit and lending, officials said.The weighted average spread between lending and deposit rates offered by the commercial banks remained unchanged at 4.15 per cent in March 2019...

Prime Minister seen with Bangladesh cricket team

Prime Minister Sheikh Hasina seen with Bangladesh cricket team when they called on her at Ganobhaban in the city on Tuesday — Focus Bangla

Research on banking often mismatches

The findings of researches on the banking sector are sometimes dissimilar with real-life experience, said Bangladesh Institute of Bank Management (BIBM) executive committee chairman SM Moniruzzaman on Tuesday."We get good findings from researches on banking that we want to apply, but there is a huge gap between academic or research-based...

PM flies to London today

Prime Minister Sheikh Hasina leaves the city for London today (Wednesday) on an official visit to the United Kingdom (UK), reports UNB."A VVIP flight of Biman Bangladesh Airlines carrying the prime minister and her entourage will depart Hazrat Shahjalal International Airport for the British capital of London tomorrow morning," PM's...

Dhaka seeks Moscow’s support

Russia has expressed solidarity with Bangladesh on the Rohingya issue, the foreign ministry said on Tuesday.The Rohingya issue was discussed during talks between Foreign Minister Dr AK Abdul Momen and his Russian counterpart Sergey Lavrov in Moscow on Monday. At the meeting, Dr Momen briefed his Russian counterpart on the...

Japan’s Emperor Akihito declares historic abdication

Japan's Emperor Akihito has declared his abdication in a historic ceremony at the Imperial Palace in Tokyo, reports BBC.In his last public address as emperor, Akihito handed over the symbols of power and thanked the public for their support during his 30-year reign.The 85-year-old was given permission to abdicate after...

Govt takes projects to relocate chemical industries, godowns

The government has taken projects to relocate the chemical industries and godowns of Old Dhaka in to environment-friendly places, report agencies.The Executive Committee of the National Economic Council (Ecnec) at a meeting on Tuesday approved a Tk 794.2 million (79.42 crore) project to construct 54 chemical warehouses at Kadamtoli in...

DSE launches small capital platform

Dhaka Stock Exchange, the country's premier bourse, launched on Tuesday 'DSE SME Platform' to facilitate the growth of small and medium enterprises.Finance minister AHM Mustafa Kamal inaugurated the platform at a city hotel.Prof M Khairul Hossain, chairman of the securities regulator, attended the programme as the special guest.Any public limited...

‘Gunfights’ kill four

Two suspected drug dealers and two alleged pirates were killed in separate 'gunfights' in Cox's Bazar, Sirajganj and Madaripur districts early Tuesday, reports UNB.In Cox's Bazar, two suspected pirates were killed in a reported gunfight between rival gangs at Fateh Ali Shikderpara Bila in Kutubdia.

Oil spills into Ctg canal as freight train derails

CHATTOGRAM, Apr 30 (UNB): Oil spilled into a canal after a freight train carrying furnace oil derailed in Egaromile area of Hathazari upazila on Monday afternoon.Md Ruhul Amin, Upazila Nirbahi Officer (UNO) of Hathazari, said three tanks of the furnace oil-laden train veered off the tracks around 3pm.One of the...

Parliament passes Insurance Corporation Bill

The Insurance Corporation Bill, 2019 was passed in Parliament on Wednesday seeking to raise the amount of authorised and paid-up capital of both Jiban Bima Corporation and Sadharan Bima Corporation, reports UNB.The Insurance Corporation Bill, 2019 will replace the previous act framed in 1973.Finance Minister AHM Mustafa Kamal moved the...