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

'Poverty still plagues a quarter of population'

Although Bangladesh has halved poverty rate since 2000, still one-fourth of the country's population are poor, a senior World Bank official said on Monday.Even more, some 20 million people are living in extreme poverty.This was revealed by Dandan Chen, the Bank's acting country director.He was addressing a symposium titled "Adaptive...

BTRC asks telecom operators to stop services to Rohingya

Bangladesh Telecommunication Regulatory Commission (BTRC) directed telecom operators not to offer any mobile phone service to the Rohingya refugees, and stop their services around the Rohingya camps.BTRC on Monday directed to stop selling SIMs (subscriber identification modules) among the Rohingya refugees and take proper action so that no Rohingya can...

Move underway to utilise govt agencies' idle money

The government has initiated a move to bring the surplus money of different autonomous, semi-autonomous and statutory agencies, including non-financial corporations, to the national exchequer as 68 self-governed agencies have Tk 2121.00 billion idle money in different banks, reports UNB.To ensure the better use of the surplus money, the Cabinet...

Bangladesh tops GDP growth in last 10 years

Bangladesh has topped the growth in Gross Domestic Product (GDP) in the last 10 years since 2009, according to the recently released Spectator Index, reports UNB.This was discussed at the Cabinet meeting held at the Bangladesh Secretariat on Monday with Prime Minister Sheikh Hasina in the chair.During the decade, Bangladesh's...

RHD seeks Tk 8.0b for repair of Dhk-Ctg highway

The government is set to endorse a Tk 7.93 billion project for the repair and maintenance of the Dhaka-Chittagong highways, just two and a half years after its construction, officials said on Monday.The Roads and Highways Department (RHD) will go for the work as the four-lane road has developed ruts...

SC upholds bail to Minni

The Appellate Division of the Supreme Court (SC) on Monday upheld a High Court (HC) order granting bail to Aysha Siddika Minni, who was arrested in a case filed over the murder of her husband Rifat Sharif in Barguna.Chamber judge of the Appellate Division Justice Hasan Foez Siddique passed "no...

News Watch (3-09-2019)

Killer of Pathao rider Milon arrestedDetective branch (DB) of police arrested on Monday the alleged killer of Pathao rider Milon from capital's Shahjahanpur area. Md Nur Uddin Sumon was arrested around 3 am, Dhaka Metropolitan Police's (DMP's) additional commissioner (DB) Md Abdul Baten told newsmen at a briefing held at...