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

Conduit to create black money blocked: Finance Adviser

None would be allowed anymore to produce black money and so legalising undisclosed money through budgetary provision wouldn't be needed, says the Finance Adviser about the accumulated past problem in financial sector. "Our stand is no scope will be given to generate black money," Dr Salehuddin Ahmed, the Finance and...

Metro rail to be declared as a KPI: Adviser

Metro rail services resumed on Sunday after remaining suspended for 37 days due to damages of a couple of stations at Mirpur during the student-led anti-discrimination movement.The first train started at 7:10 am from Uttara north station and reached Motijheel without stopping at Mirpur-10 and Kazipara stations which were badly...

BB raises limit to Tk 400K

The Bangladesh Bank (BB) has ordered commercial banks not to allow cash withdrawals of more than Tk 400 thousand (4 lakh) per account daily.Earlier, the limit was Tk 300 thousand (3 lakh).The central bank has hiked the limit once in each of the previous three weeks, which it imposed after...

Bangladesh's Mehidy Hasan Miraz (L) celebrates with teammates

Bangladesh's Mehidy Hasan Miraz (L) celebrates with teammates after taking the wicket of Pakistan's Agha Salman (not pictured) during the fifth and final day of the first Test cricket match between Pakistan and Bangladesh at the Rawalpindi Cricket Stadium in Rawalpindi on Sunday. — AFP

More cases against Sheikh Hasina

A murder case has been filed against ousted Prime Minister Sheikh Hasina and 12 others over the death of BDR carnage case accused Abdur Rahim in jail. Abdur Rahim, then deputy assistant director (DAD) of former BDR, which was later renamed as BGB, was an accused in the case lodged...

Sonali Bank recovers 4.5pc of classified loans from top 20 defaulters until May 2024

State-owned Sonali Bank managed to recover a mere 4.5 per cent of classified loans from top 20 defaulters as of May, 2024. According to data from the bank's Loan Recovery Division, 17 out of the top 20 defaulters did not pay a single penny between January and May, 2024. Hallmark...

Legal notice seeks list from 1991 to 2024

A legal notice has been served for publication of a list of the persons whose sentences have been remitted, suspended or commuted by the President during the period from January 1991 to July 2024.Copies of the notice were sent to Home Secretary, Law Secretary, Cabinet Secretary and the Secretary of...

Writ challenges laws on security for Sheikh Mujib's family members

A writ petition has been filed with the High Court challenging the legality of two acts enacted to give special security to the family members of the Bangabandhu Sheikh Mujibur Rahman.The two laws are--- "Father of the Nation Family Members' Security Act 2009" and the "Special Security Force Act 2021"....

Banks asked to freeze A/Cs of Exim Bank chairman, wife

The Bangladesh Financial Intelligence Unit (BFIU) has directed all banks in the country to freeze the accounts of Exim Bank Chairman Nazrul Islam Mazumder and his wife Nasrin Islam for the next 30 days.The BFIU, an anti-money laundering agency under the Bangladesh Bank, issued the directive on Sunday through an...

16 gates of Kaptai dam opened

CHATTOGRAM Aug 25: Authorities on Sunday morning opened all 16 spillway gates of the Kaptai Hydropower Plant as water levels in the lake had risen above the danger level due to heavy rains and downpours from the hills.Sources reported that the dam's 16 spillways were opened by 6 inches around...

People in edn instts should not be forced to quit: Adviser

Education and Planning Adviser Wahiduddin Mahmud on Sunday said forcing people now working in different positions in educational intuitions might create instability and action would be taken if there is any reasonable complaints against them, reports UNB. He said these at a meeting with the officials of the ministry.The adviser...