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

Nation to observe one-minute 'blackout'

A one-minute 'Blackout' will be observed across Bangladesh from 10:30pm to 10:31pm today (March 25), marking the Genocide Day.Key Point Installations (KPIs) and emergency establishments will remain out of the blackout purview, said a handout of the Press Information Department on Monday, reports UNB.Besides, no lighting will be allowed at...

Liquidity pressure on banks to intensify for repo squeeze

Shadows of intensified liquidity pressure hover over banks as the banking regulator decides to phase out from April 10 the prime borrowing instrument used for feeding funds to the commercial lenders.Bangladesh Bank, the country's central bank, made the decision to wrap up the 28-day repo window not only to force...

Owners themselves laundered money from their banks

Appalled by the dimensions of past bank forgeries and money laundering, Planning Adviser Prof Wahiduddin Mahmud says Bangladesh could go bankrupt in a Sri Lanka-like situation shortly if the last government had not fallen on August 5. "The owners themselves siphoned off money from their commercial banks over the years....

$934.5m sought for refugees, hosts

A joint clarion call comes from the International Organisation for Migration (IOM), UN refugee agency UNHCR and partners for the international community to enhance support for Rohingya refugees and their hosts in Bangladesh amid rising insecurity in Myanmar and ongoing forced displacements."Unrelenting conflict in Myanmar, dwindling financial resources and competing...

FY26 budget to be realistic, welfare-oriented

Budget will be realistic and welfare-oriented, Finance Adviser Dr Salehuddin Ahmed said Monday in an indication of continuity of the interim government's tight-fisted monetary stance."We told them that we will try our best to implement the budget," he told newsmen after a pre-budget meeting with the senior secretaries and secretaries...

Tarique warns of conspiracy to pit army against people

Acting Chairman of BNP Tarique Rahman on Monday voiced grave concerns over the unfolding political situation in the country, alleging that a conspiracy is afoot to tarnish the army's image and turn it against people, reports UNB."Someone somewhere may be trying to instigate something. We are witnessing attempts to make...

MoHA bins state of emergency rumour

Senior Secretary of the Ministry of Home Affairs (MoHA) Nasimul Gani has dismissed as 'gossip' the speculations over declaration of emergency in the country.He made the comments on Monday at the signing event of the 'Standard Operating Procedure for the Return of Bangladeshi Citizens to Bangladesh' regarding the swift return...

Army should stay apolitical, says Sarjis

Sarjis Alam, chief organiser (North) of the National Citizen Party (NCP), said on Monday that the military should refrain from intervening in domestic politics, report agencies and online portals.He also emphasised that the armed forces should remain focused on their national duties and responsibilities.Alam made these comments while speaking to...

People have started leaving the capital city

People have started leaving the capital city for their village homes to celebrate Eid-ul-Fitr with their loved ones. The photo was taken at Kamalapur Railway Station on Monday. — FE Photo by Asad-Uz-Zaman