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

Foreign banks hardly lend money to SMEs

Lending to Small and Medium Enterprises (SMEs) by foreign commercial banks (FCBs) operating in Bangladesh is much lower than expected level over the years, banking sources said.According to the data available with the Bangladesh Bank, nine foreign banks disbursed only Tk 7.50 billion in credit during the period between January...

PM urges women not to create family feud in name of realising rights

Prime Minister Sheikh Hasina urged on Sunday the country's women not to create problems in their families while trying to realise their rights as everyone has the responsibility to the family, reports UNB."Your [women] rights have to be realised but be careful that there shouldn't be any family feud in...

JP to contest 29 seats under Grand Alliance, 132 seats ‘separately’

The Jatiya Party of HM Ershad has been allocated 29 seats as part of the Grand Alliance, but it is also planning to run candidates for 132 seats separate from the coalition, reports bdnews24.com."The Jatiya Party has received 29 seats from the Awami League," Jatiya Party Secretary General Mashiur Rahman...

Bangladesh 9th highest recipient of remittance this year: World Bank

Bangladesh is the ninth highest recipient of remittances this year with US$ 15.9 billion and in South Asia it ranks third after India ($79.5b) and Pakistan ($20.9b), the World Bank said in a report Saturday, reports UNB.Bangladesh experienced strong upticks of 17.9 per cent in 2018, the bank said.In its...

Khaleda files writ to get back candidacy

BNP Chairperson Khaleda Zia filed a writ petition with the High Court challenging the legality of the Election Commission's (EC's) decision that cancelled all her three nominations for contesting the upcoming general election, reports UNB.Barrister Nowshad Jamir, on behalf of Khaleda Zia, filed the petition with the concerned High Court...

Hangsabalaka flies to Heathrow today

Biman Bangladesh Airlines starts its operation on Dhaka-London route with its second Boeing 787 Dreamliner today, a senior Biman official said.Earlier, the state-run aviation company scheduled next January for the operation of Hangsabalaka, he added.This will be the first commercial flight of Hangsabalaka, Biman general manager (Public Relations) Shakil Meraj...

NBR to probe allegations against Dr Kamal

Md Mosharraf Hossain Bhuiyan, chairman of the National Board of Revenue (NBR), said the body will look into the tax evasion allegations against Dr Kamal Hossain, a top leader of the newly-formed Jatiya Oikya Front, reports bdnews24.com.The NBR will look into the allegation in such a way that it has...

China summons US envoy over Huawei arrest

BEIJING, Dec 09 (AFP): China summoned the US ambassador on Sunday to protest the "extremely bad" arrest of telecom giant Huawei's chief financial officer in Canada and demand that the United States drop its extradition request.The arrest of Meng Wanzhou, who faces US fraud charges related to sanctions-breaking dealings with...

Supporters of some BNP leaders

Supporters of some BNP leaders, who have been dropped from the party's nomination list for the 11th parliamentary election, staging protests outside the BNP chairperson's office at Gulshan in the capital for the second day on Sunday — FE Photo

France minister terms 'yellow vest' protests an economic catastrophe

The "yellow vest" protests have been "a catastrophe" for the French economy, the finance minister says.France has seen four consecutive weekends of demonstrations against fuel tax rises, high living costs, and other issues, reports BBC.About 125,000 protesters took to the streets on Saturday, with more than 1,700 people arrested.Several tourist...

Govt accepts resignation of four technocrat ministers

The government accepted the resignation of four technocrat ministers on Sunday ahead of the upcoming general election billed for December 30, reports UNB.The Cabinet Division issued a gazette notification relieving Expatriates' Welfare and Overseas Employment Minister Nurul Islam, Religious Affairs Minister Principal Matior Rahman, Science and Technology Minister Yafesh Osman...