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

Yunus-Modi meet likely on BIMSTEC sidelines

A much-hyped meeting between the head of interim government of Bangladesh, Dr Muhammad Yunus, and Indian Prime Minister Narendra Modi may take place on the sidelines of BIMSTEC summit scheduled for November.Foreign adviser Md Touhid Hossain made the comment Tuesday during a press conference regarding Bangladesh's participation in the UN...

Remittance rebound brings in record $2.40b in Sept

A rebound in remittance brought Bangladesh US$2.40 billion in September, accounting for a hope-raising second-highest monthly inflow in 39 months. The upturn in remittance earnings provides much-needed respite for the economy facing multiple macroeconomic strains in recent times amid a persistent foreign-exchange (forex) shortage, officials and analysts said. According to...

ACC sends 71 letters seeking foreign help

The Anti-Corruption Commission (ACC) has sent 71 letters to various foreign entities and authorities, seeking their cooperation in tracing and repatriating money laundered abroad.Md Akhtar Hossain, director general of the watchdog, revealed the information at a meeting between ACC officials and a four-member delegation from the European Union (EU) on...

Labour situation improves in BD

The overall labour situation in Ashulia and Gazipur industrial belts improved on Tuesday as most of garment factories, except a few, reopened with workers joining the workplace.Workers of some factories, however, blocked two highways due to non-payment of wages and allowances the same day, sources said.A long tailback of traffic...

Germany may provide £600m in dev assistance

Germany plans to provide 600 million euros to Bangladesh in development aid under its agenda on climate development, German Ambassador Achim Tröster said Tuesday and also spoke about trade facilities on the European market.This forthcoming amount will be in addition to the present programme for which Germany allocated 409 million...

Tensions heighten in Khagrachhari

The Khagrachhari district administration has imposed Section 144 amid tensions between Bengalis and hill peoples after a schoolteacher was beaten to death, reports bdnews24.com.A teacher from Khagrachhari Government Technical School and College was beaten to death, Khagrachhari Deputy Commissioner Md Shahiduzzaman told the media."To prevent any untoward incidents, Section 144...

Storms, floods likely in Oct

Despite a normal flow in the country's major rivers, the Bangladesh Meteorological Department, or BMD, has warned of short-term flood situations in some parts of the nation's northern, northeastern and southeastern hilly basins owing to heavy rains in October, reports bdnews24.com.Along with the message, the long-term outlook of the Met...