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

NPL surge triggers systemic banking shock

Bangladesh is facing a growing "systemic shock" from non-performing loans (NPLs), with bad debts reaching record highs in 2024-25 and laying bare deep vulnerabilities in the country's banking sector.The sharp deterioration in asset quality has constrained banks' ability to lend and raised fresh concerns over financial stability, according to an...

26th AGM of IPL held

The 26th Annual General Meeting (AGM) of the International Publications Limited (IPL), the owning company of The Financial Express (FE), was held on Saturday at the board room of the Apex Footwear Ltd in the city's Gulshan area.Chairman of the IPL Mr Mahbubur Rahman presided over the meeting that considered...

Martyred Intellectuals Day today

The nation observes the Martyred Intellectuals Day today (Sunday), reports BSS.The nation recalls on this day the mass killing of a large number of Bengali top brains by the Pakistan army and their collaborators visibly sensing their defeat just two days ahead of the emergence of Dhaka as the free...

Tk 5.0m bounty announced for shooting suspect

The interim government has announced a reward of Tk 5.0 million for information leading to the arrest of Faisal Karim Masud, the prime suspect in the shooting of Inquilab Mancha spokesperson and Dhaka-8 independent election hopeful Sharif Osman Hadi. The attack, carried out in broad daylight in the capital on...

Project aid to be trimmed by Tk 140b in FY26 RADP

The government is likely to significantly reduce the project aid portion in the upcoming Revised Annual Development Programme (RADP) for the current fiscal year (FY) 2025-26, as many agencies have failed to implement projects on time, officials said on Saturday.The allocation from foreign project aid is expected to be slashed...

IFAD approves $51.4m co-financing

The Executive Board of the International Fund for Agricultural Development (IFAD), at its 146th session held on December 9-10, approved US$51.4 million in financing as IFAD's contribution to a $211.7 million project in Bangladesh, a spokesman said on Saturday.The new investment aims to enhance climate resilience, strengthen food security and...

Keraniganj building fire under control after 7 hrs; 45 rescued

A massive fire that broke out at a 10-storey building in the Dhaka's South Keraniganj on Saturday was brought under control after nearly seven hours of intensive efforts by firefighters.The blaze started around 5:37am on the ground floor of Jabel-e-Noor Tower, which houses a jhut (garment scrap) warehouse and a...