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

Domestic borrowing short of FY24 target

The government's domestic borrowing fell significantly short of its annual target last fiscal year primarily due to the central bank's efforts to curb inflationary effects on the economy.The Bangladesh Bank is implementing a tighter monetary policy, leading to a reduction in its share of government treasuries by 4.0 percentage points,...

BB forms body to probe BIBM corruption

Bangladesh Bank has formed an investigation committee to examine allegations of nepotism, arbitrariness, and corruption at the Bangladesh Institute of Bank Management (BIBM). The committee will focus on the activities of certain faculty members, officers, and employees of the institute during that time. BIBM Director General Dr Md. Akhtaruzzaman, issued...

BD to extend int'l offshore bidding time by 3 months

Petrobangla is going to extend the submission date of the international offshore block bidding round by three months to get a better response, reports UNB."We have moved to extend the bid submission time by three more months", Petrobangla Chairman Zanendra Nath Sarker said last week.He also informed reporters that so...

Editors' Council sits with Student Movement leaders

A view exchange meeting between the Editors' Council and the Anti-Discrimination Student Movement leaders was held at The Daily Star Centre on Thursday.Representatives from the Liaison Committee and Coordination Committee of the Anti-Discrimination Student Movement participated in the meeting.During the discussion, Information and Communications Technology (ICT) Adviser Nahid Islam elaborated...

This is the gloomy picture of Gulshan lake, which underwent a clear-out even months ago, as filth floats in its water again

This is the gloomy picture of Gulshan lake, which underwent a clear-out even months ago, as filth floats in its water again. The reservoir has returned to its former shape only to vitiate the local environment. The snap was shot from Shahjadpur area on Saturday. — Photo: Asad-Uz-Zaman0

Dissolve boards of BGMEA, BUFT

A group of members of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Saturday urged the authorities concerned to dissolve the current boards of the trade body and the BGMEA University of Fashion and Technology (BUFT).They also alleged that the BGMEA failed to provide proper directives to its members...

Japan wants its hardworking citizens to try 4-day workweek

TOKYO, Aug 31 (AP): Japan, a nation so hardworking its language has a term for literally working oneself to death, is trying to address a worrisome labor shortage by coaxing more people and companies to adopt four-day workweeks. The Japanese government first expressed support for a shorter working week in...