The Financial Express | Financial Online News portal

Dhaka,  Wed,  04 May 2016
May 4, 2016, 12:19 am
The statistical arm of the government, Bureau of Statistics (BBS), published national income accounts data for the current fiscal year at the beginning of the fourth quarter. The most discussed datum of the national accounts in the media is the
May 4, 2016, 12:18 am
The Bangladesh Bank (BB) on April 27 last softened its stance on banks' compliance with capital market exposure limit in response to requests from a section of stakeholders.  The latter had expressed their fear that stock prices would plunge further
The existing spread between interest rates in the country's banking sector widened further as the commercial banks cut interests on public deposits far deeper than on lending, bankers said. Such imbalance in rate adjustments, according to economists, is meant for keeping banks' profit margins higher.           The weighted average spread between lending and deposit rates offered by the commercial banks rose to 4.86 per cent in March 2016 from 4.81 per cent in the previous month, according to the central bank's latest statistics. The spread was 4.84 per cent in January 2016. On the other hand, the weighted average rates on deposits came
The central bank has started activities regarding adjustment of the banks' overexposure on 'case to case' basis to bring down the exposure within the limit in the stipulated timeframe without selling any shares, officials said. In this regard, the Bangladesh Bank
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LGRD Minister Engineer Khandker Mosharraf Hossain on Tuesday said Faridpur will be declared as a new division within a month or two. He said the headquarters of the proposed division will be in Faridpur district and steps have been taken to increase its area to double. The minister made the disclosure while addressing the installation ceremony of the newly formed Faridpur Journalists
The apparel apex body BGMEA sits tomorrow (Thursday) to discuss the plea for giving more time to its member factories for introducing workers' biometric database service, sources said.    The majority of the BGMEA member factories are yet to enroll the service, though the time was extended three times since December to April last, they added. In a circular issued on April
Yahoo Inc's management team and directors have given a warm welcome to Starboard Value LP Chief Executive Jeffrey Smith since he joined the company's board after a contentious battle, he said on Monday. "Yahoo has been great," said Smith, who was speaking on a panel at the Milken Institute Global Conference here. "The board members have been terrific and welcoming, the management team has been terrific and welcoming. This is no different from almost all of the companies that we get ...
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The port city Chittagong is going to get a medical university. The Chittagong Medical University Bill, 2016 has been passed
Dhaka Mohammedan Sporting Club (MSC) earned the 2nd victory in their 3rd match of the Walton Dhaka Premier Division Cricket League beating Legends of Rupganj by seven wickets at the Khan Saheb Osman Ali Stadium in Fatullah on Tuesday, reports UNB. The league match between the two teams was shifted to the reserved day as the umpires abandoned the match without a single ball being bowled on Monday due to wet outfield following overnight rain. Sent in to bat first in the ...
Experts called on Tuesday for an integrated action plan and coordinated efforts from all government agencies and other stakeholders to help achieve universal sexual and reproductive health and rights (SRHR) in the country. Besides, mass awareness, prevention of child marriage and introduction of reproductive health in curriculum are also necessary for the sake of attaining the country's sustainable development goals (SDGs), they observed.   The call and observation came at the inauguration of a three-day 'National Conference on Sexual and Reproductive Health ...
Dhaka, May 3:  Indira Gandhi Cultural Centre (IGCC), Gulshan has arranged lectures of three distinguished speakers at the centre at 6:30 pm on Friday, marking Rabindra Jayanti.   The lectures titled 'Myriad minded Tagore' will be on social, philosophical and poetic concerns of Tagore.   Hemal Shringla, spouse of Harsh Vardhan Shringla, High Commissioner of India to Bangladesh, will speak on 'Women protagonists in Tagore's novels'.   General Secretary of Rabindra Academy of Dhaka Bulbul Mahalanobish will speak on 'Rabindranath O Bishwa Manabata' - Tagore, the ...
The US Commission on International Religious Freedom (USCIRF) has released its annual report for the year 2016 that hardly paints a flattering picture of Bangladesh, reports bdnews24.com. The growing cases of persecution of differing voices, views and faiths resonate almost loudly in the report that says the country should also be the 'focus of concern' alongside Bahrain, Belarus, Horn of Africa, Kyrgyzstan and Western Europe. The international religious freedoms watchdog released the report on Monday. The report reveals that a USCIRF team had ...
SYLHET, May 3: Entrepreneurs at the BSCIC Industrial Estate in Sylhet have threatened tough agitation for failing to provide gas connections to the newly established industrial units on the state-owned estate. They also alleged newly set industries couldn't be put into operation in absence of gas connection. Besides, the old units had been suffering greatly due to frequent load shedding of electricity. The demands were raised at a press conference organised by the BSCIC Shilpo Malik Samity, Sylhet, with a view ...

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Editor : A.H.M Moazzem Hossain
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