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Tags : Interest


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Commitment to national interest

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...

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Policy rate hike for long to hit pvt sector investment: DCCI

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...

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Norway central bank sees no rate cut this year

Norway’s 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...

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World stocks rally

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...

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BoE holds rate steady after jumbo US cut

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...

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Democratisation prospects and processes

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’s victory is still uncertain, given that no concrete steps have been...

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BB makes EDF loans costlier

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...

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The art of negotiation

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...

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Global stocks diverge ahead of Powell speech

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...

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Global stocks go up as traders prepare for Powell speech

Stock markets mostly climbed Monday following last week’s strong performance, with gold prices soaring ahead of a meeting of central bankers that could give fresh signals about the US interest-rate outlook. ..

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US consumer inflation sees smallest annual rise since 2021

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...

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Global stocks diverge, as oil prices cool

Europe’s main stock markets fell Tuesday after gains in Asia, as attention turned to economic data and its impact on the outlook for interest rates...

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Asian markets drop as Biden drops out of White House race

Asian markets fell Monday as Joe Biden’s decision to drop out of the US presidential race fuelled fresh uncertainty, while traders appeared unmoved by China’s decision to cut interest rates in a bid to boost its stuttering economy...

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NSC sales fall further amid rising inflation

The net sales of national savings certificates further declined in the July-May period of the 2023-24 financial year due to high inflation and rising bank interest rates...

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Net NSC sales dip in 9 months

The net sales of national savings certificates went down further in the July-March period due to high inflationary pressures and rising bank interest rates...

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Global stocks retreat, Mumbai tumbles 7pc

Stock markets fell Tuesday as investors worried that headwinds are gathering for the US economy, outweighing hopes that recent weak data would prompt the Federal Reserve to start cutting interest rates...

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Bangladesh business climate deteriorates

Bangladesh’s business environment deteriorated in the financial year 2023-24 compared with that in the FY 2022-23 due mainly to lack of necessary reforms, increasing pressure from tax authorities, rising interest rate and impact of the Russia-Ukraine war, according to a report released by the Metropolitan Chamber of Commerce and Industry, Dhaka...

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