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

Preparation underway to compensate small investors in 5 merged banks

Government authorities prepare to compensate the small investors in the five distressed private banks merged into Sammilito Islami Bank late last year, officials say.Instructed by the high-ups of the new government, the Financial Institutions Division (FID) is now calculating how much money needed to compensate the investors who bought shares...

OIC leaders back Bangladesh bid for UNGA presidency

Senior figures from across the Muslim world support Bangladesh's candidature to preside over the 81st session of the UN General Assembly, as the new government seeks to reposition itself diplomatically following a landslide election victory.During bilateral meetings on the sidelines of the Executive Meeting of the Organisation of Islamic Cooperation...

Cybersecurity bulwark to be built under aided project

A security bulwark is being built around Bangladesh's burgeoning digital activity under a Tk 6.7-billion project to ensure cybersecurity against threats, hacks and heists, officials say.The Information and Communication Technology Division (ICTD) under the Ministry of Posts, Telecommunications and Information Technology has initiated the project to bolster national cybersecurity infrastructure,...

5.4-magnitude quake jolts city, other parts

A 5.4-magnitude earthquake jolted the city and other parts of the country on Friday noon, for the third day in a row since Wednesday, according to the Met office. The Bangladesh Meteorological Department (BMD) said in an update that the epicentre of Friday's earthquake was Asashuni Upazila of Satkhira district....

Pakistan bombs Kabul in 'open war' on Taliban govt

ISLAMABAD, Pakistan, Feb 27 (AFP): Pakistan bombed major cities in Afghanistan including the capital Kabul on Friday, with Islamabad's defence minister declaring the neighbours at "open war" following months of tit-for-tat clashes.Pakistani air strikes hit 22 Afghan military targets, Pakistan's military spokesperson said on Friday, after heavy fighting between the...

Water in capital's Hatirjheel Lake

The water in the capital's Hatirjheel Lake has become polluted and turned black. The polluted water is a hazard to the environment and public health. Residents living in nearby residential buildings are suffering due to this. The photo was taken on Friday. — FE photo by K Asad-Uz-Zaman