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

Govt appoints administrator at Nassa Group to clear workers' dues

The government has appointed Arif Ahmed Khan, Additional Inspector-General of the Department of Inspection for Factories and Establishments (DIFE), as the administrator of Nassa Group to oversee the payment of dues to its workers.The Ministry of Labour and Employment issued on Wednesday a circular announcing the appointment.Wage payments to Nassa...

BD to get $3.0b in SDR for job-centric development

Bangladesh is going to get US$3.0 billion in special drawing right (SDR) credits from the World Bank for its job-centric development works, officials say. However, the Bank has offered both soft-and hard-term lending under its 3-year aid package, categorizing Bangladesh as a 'Blend Country' on the cusp of its transition...

Revenue boss berates field staff for ignoring instructions

National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan Wednesday berated field-level officials for disregarding directives on matters of tax collection and urged businesspeople to act as whistleblowers against wrongdoings."We often receive complaints that even after we issue instructions, field officers do not follow them," he said while addressing...

Parties split on timing of July Charter referendum

Political parties remain divided over the timing and format of holding a referendum to implement the long-awaited July Charter. However, they have agreed to proceed with the process in their last meeting with the National Consensus Commission (NCC) on Wednesday.The discussion was held at the Foreign Service Academy in the...

Govt nod for 5 Islamic banks’ merger today

Final government nod to the formation of a new bank by merging financially distressed five Islamic banks is set to be given today, officials say about a major development in reforms spearheaded by the interim regime.The Advisory Council, in its meeting today (Thursday) with Chief Adviser of the post-uprising government...

Adviser stuck in gridlock, takes bike ride to reach destination

BRAHMANBARIA, Oct 8 (UNB): Road Transport and Bridges Ministry Adviser Fouzul Kabir Khan on Wednesday experienced a severe traffic congestion on the Dhaka-Sylhet highway while on his way to inspect the road's poor condition and ongoing gridlock situation.The adviser was scheduled to visit Sarail Bishwa Road intersection in Brahmanbaria around...

Warrants issued for arrest of Hasina, 29 others in two cases

The International Crimes Tribunal on Wednesday issued warrants for arrest of former Prime Minister Sheikh Hasina, her security adviser Major General (retd) Tarique Ahmed Siddique and 28 others in two separate cases filed over enforced disappearances during the Awami League government's tenure, reports UNB.A three-member bench of the International Crimes...