A MAJOR reason that holds back the Anti-Corruption Commission from functioning independently, as stakeholders think, is the appointment of the top three officials 鈥� the chair and two commissioners 鈥� often picked up from among retired bureaucrats, close to the ruling quarters, who mostly protect partisan interests. Bureaucrats in service are also appointed on deputation to the positions of the commission鈥檚...
A Dhaka court on Tuesday sent 18 individuals, including Mahbubul Alam Chowdhury, a senior joint secretary and one of the key leaders of the Ahingsa Gana-Abhyutthan Bangladesh allegedly for creating unrest by promising interest-free loans to villagers...
The police on Monday foiled Ahingsa Gana-Abhyutthan Bangladesh鈥檚 pre-announced rally for the formulation of a law to recover embezzled and laundered money and lending interest-free loans to people with little or no capital...
Eleven people have been detained in Kamalnagar upazila of Lakhimpur for their alleged bid to take some impoverished people to Dhaka with promises of interest-free loans ranging from Tk 1 lakh to Tk 1 crore for attending a rally.
Stock markets diverged on Thursday as investors digested US inflation data that supported the case for another interest rate cut next month, while worries over Donald Trump鈥檚 presidency clouded optimism...
The Bangladesh Bank on Thursday withdrew the compulsory interest rate system for resident foreign currency deposit accounts, allowing banks the flexibility to set rates in direct negotiations with customers...
Russia鈥檚 central bank hiked interest rates to 21 per cent on Friday, taking borrowing costs to their highest level in more than two decades as Moscow鈥檚 Ukraine offensive has triggered rapid price rises at home...
The government will increase the interest rates of the savings certificates to attract higher investment and make up low revenue incomes.
The DSE Brokers Association of Bangladesh at a meeting with the Bangladesh Securities and Exchange Commission on Monday placed a number of suggestions, including a review of the exchange demutualisation laws and schemes and withdrawal of 12 per cent interest rate on margin loans, to develop the stock market...
Shares slipped in New York and Europe Thursday as the latest US inflation report strengthened the case for a slower pace of interest rate cuts...
Business leaders on Saturday sought better business climate in the country and said that issues like law and order situation, rising interest rates and other macroeconomic challenges must be addressed as these factors have impacted the economy negatively...
PUBLIC support for the government after the presidential election is on the rise. The first actions of the government have been appreciated by the general public. These include the exposure of former presidential advisers and their vehicles, the investigation ordered into the visa and passport controversies not to mention the peaceful conduct of the...
Dhaka Chamber of Commerce and Industry president Ashraf Ahmed on Saturday said that the policy of higher interest rates and tighter liquidity management adopted by the government to control inflation should be reversed after December, otherwise private sector investments would decline, hindering new job creation...
Norway鈥檚 central bank kept its key interest rate at a 16-year high Thursday and signalled it would only start cuts next year, later than its US and European peers...
The US Federal Reserve鈥檚 decision to cut interest rates by half a percentage point gives consumers a much-needed psychological boost ahead of November鈥檚 presidential election...
Asian and European stocks markets rallied Thursday, with a record high in Frankfurt, after the Federal Reserve announced a bumper interest-rate cut and pledged further reductions as inflation cools...
The Bank of England on Thursday kept its key interest rate at 5.0 per cent, deciding against consecutive cuts one day after a bumper reduction from the US Federal Reserve...
IN THE history of Bangladesh, the interests of political parties have rarely aligned with national interests. This misalignment, exacerbated by the dominance of political parties, has resulted in a severe lack of strong and credible institutions that could support fairer political practices. The public鈥檚 victory is still uncertain, given that no concrete steps have been...
The Bangladesh Bank on Monday made loans in dollars from the Export Development Fund more expensive by tying the interest rate to the secured overnight financing rate (SOFR), which is significantly higher than the current rate for EDF loans...
Major stock markets mostly fell Monday as more weak Chinese economic data offset optimism over an expected US interest-rate cut...
IT IS very crucial to improve the capacity of civil servants, particularly, in negotiating with the counterparts. A negotiator representing the country and participating with specific objectives to achieving them are, of course, closely linked with national interest. National interest is the priority of the agenda of the negotiators but it should be softly presented...
Stock markets were mixed Tuesday as investors treaded water ahead of a key speech by US Federal Reserve chief Jerome Powell that could provide more hints of an interest rate cut...
Stock markets mostly climbed Monday following last week鈥檚 strong performance, with gold prices soaring ahead of a meeting of central bankers that could give fresh signals about the US interest-rate outlook.聽..
Global stock markets聽diverged on Wednesday after data showing US consumer price inflation eased last month raised the prospect of a September interest rate cut...
US consumer inflation eased slightly in July, according to government data published Wednesday, its smallest 12-month increase since March 2021 and a positive sign for the Federal Reserve as it weighs cutting interest rates...
Europe鈥檚 main stock markets fell Tuesday after gains in Asia, as attention turned to economic data and its impact on the outlook for interest rates...
US inflation remains 鈥榰ncomfortably鈥� above the Federal Reserve鈥檚 target despite the progress it has made in recent months, a senior bank official said Saturday...
Australia鈥檚 central bank held interest rates steady at a 12-year high Tuesday and warned that a cut is 鈥榥ot on the agenda鈥� as it battles stubbornly high inflation...
The interest rates on government treasury bonds surged to near 12.8 per cent in June due to the central bank鈥檚 contractionary monetary policy stance...
The weighted average interest rate spread in Bangladesh鈥檚 banking sector surged to 5.86 in May, the highest since 2008...