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

Country needs to embrace arbitration for clearing staggering dispute backlog

Bangladesh's legal, judicial and business communities at a meeting in Dhaka on Saturday made a united call for carrying out comprehensive reform of the country's commercial dispute -resolution framework.The call came at a cutting-edge congregation as the Bangladesh International Arbitration Centre (BIAC) celebrated its 15th anniversary alongside the inaugural Bangladesh...

Bangladeshi travellers could face up to $20,000

Bangladeshi travellers seeking US business or tourist visas could face bonds of up to $20,000 under a permanent visa bond programme set to take effect on Aug 3.The US State Department will apply the rule to B1 and B2 visa applicants from 50 countries, including Bangladesh, according to a Federal...

DPP likely to get approval soon

The revised development project proposal (DPP) for the construction of the Metro Line-5 (South) route from Gabtoli to Dasherkandi will be sent to the planning commission this week for approval, an official said."The DPP was prepared on the basis of the feasibility study and engineering design for construction of a...

Shu Xiong new chief of Chevron Bangladesh

Shu Xiong has been appointed President and Managing Director of Chevron Bangladesh.She led the US company's China business operations prior to her new appointment.Her position commenced with effect from August 1. She succeeds Eric M. Walker, who had served Chevron Bangladesh for the last six years. Shu most recently served...

CMSME lending rises 12pc in Q2, FY ’26

Banks and non-bank financial institutions (NBFIs) increased lending to cottage, micro, small and medium enterprises (CMSMEs) by more than 12 per cent year-on-year in the second quarter of FY2025-26.The credit growth was driven largely by private commercial banks, although weaker loan recovery highlighted continued financial stress among small businesses.The banking...

Three more die with measles-like symptoms --

The death toll related to measles rose to 840 as three more children died with measles-like symptoms in the past 24 hours till 8:00am on Saturday.Of the total fatalities, 96 were confirmed measles cases, according to a bulletin of the Directorate General of Health Services (DGHS).As many as 751 suspected...

Trump threatens more strikes on Iran

CAIRO, Aug 01 (AP): U.S. President Donald Trump threatened more strikes on Iran as the United States presses for the reopening of the Strait of Hormuz. Hours later on Saturday, Kuwait said it responded to a new round of drone attacks from Iran while a tanker was struck in the...