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

Six commissions formed for rebuilding Bangladesh

Six commissions for reforms in vital state institutions and the national constitution have been formed for rebuilding Bangladesh as a people's ownership-based equitable country, Chief Adviser Prof Muhammad Yunus said Wednesday. Making the announcement in his address to the nation, the head of post-uprising government urged all to hold patience,...

Countrywide gas outages to ease

Acute countrywide power outages are getting cured with increased fuel supply as LNG regasification starts at a repaired floating storage unit in the bay, sources said. Energy-sector bigwig Summit's LNG Terminal (SLNG) started regasifying liquefied natural gas (LNG) on Wednesday afternoon after a hiatus of around three and a half...

Bangladesh-China joint panel to develop river management

Bangladesh and China plan to form a joint committee for river- water management, flood protection and river-infrastructure development.The two countries agreed Wednesday to enhance cooperation in river management and water preservation, officials said, adding that a high-level delegation of the Water Development Board will visit China right this month The...

Affluent banks desert freewheeling call-money mkt

Commercial banks having surplus funds are reluctant to invest in the collateral-free call money for prevailing trust deficit in their counterparts, and switching to secure state-guaranteed instruments. Officials and bankers have said despite higher bets offered on the call-money market, the lenders feel comfortable to put their un-invested money in...

Govt forms body to look into labour issues

The government has formed a committee to look into the labour issues amid the persisting workers' unrest in the country's important ready-made garment (RMG) belts at Savar, Ashulia and in Gazipur.Asif Mahmud Shojib Bhuiyan, adviser to the Ministry of Labour and Employment made the announcement on formation of the committee...

Six bigwigs, two journalists get under probe

Six bigwigs, including former army chief Aziz Ahmed, and a journalist couple get under the scanner of tax sleuths for suspected money laundering-and tax-evasion offences, officials say.The Central Intelligence Cell (CIC) under the National Board of Revenue (NBR) will seek bank-account details of the individuals by sending letters to all...