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

Frame down-to-earth budget, avoid overly ambitious targets

Policy experts suggest the new government should adopt a realistic fiscal framework for the upcoming national budget as overly ambitious targets could worsen macroeconomic pressures amid geopolitical tensions and domestic economic challenges.To make it, the Centre for Policy Dialogue (CPD) economists have recommend for the government's finance authorities to set...

PM opens 'Family Card' programme for women's empowerment

Prime Minister Tarique Rahman inaugurated Tuesday the government's landmark "Family Card" programme to ensure women's empowerment in the country as he distributed cards among them at a function in Dhaka.The premier handed over the family cards to 17 women at the inauguration ceremony at T&T playground in Banani, adjacent to...

Faulty design blamed for Jatrabari-Gulistan flyover congestion

The Jatrabari-Gulistan flyover in the capital was built with a faulty design, which had significantly reduced its effectiveness in easing traffic congestion, said experts and officials at a meeting of the Planning Commission.Design limitations, infrastructural constraints, and management shortcomings prevent the flyover from delivering the expected benefits, while commuters are...

A UN mission due next month to assess BD's graduation readiness

A high-profile mission of the United Nations (UN) is scheduled to visit Dhaka next month to present its findings on Bangladesh's graduation readiness assessment, although Bangladesh government has sought a three-year postponement of its graduation from LDC category.According to a UN official communication, the mission of the High Representative for...

5,000 tonnes of diesel coming from India via pipeline

Amid the ongoing global disruptions due to the Iran war in the Middle East, 5,000 metric tonnes of diesel are coming to Bangladesh from India through a pipeline, reports bdnews24.com.According to Bangladesh Petroleum Corporation (BPC) sources, this diesel is expected to reach the Parbatipur depot in Dinajpur from the Numaligarh...

Banks appoint 10 international law firms

Banks allegedly involved in illicit transfer of funds abroad have already appointed eight to ten international law firms as renewed efforts get underway repatriating the stolen money, bankers said after a review meeting Tuesday. "These firms are currently handling legal cases in foreign courts in an effort to trace and...

Israel strikes Iranian launcher after missile barrage

JERUSALEM, March 10 (AFP): Israel said Tuesday that it had struck an Iranian missile launcher shortly after a barrage fired from the Islamic republic triggered air raid warnings in several Israeli areas.Late Monday, Israel's military said it identified a round of Iranian missile fire and was working "to intercept the...