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

Demutualisation of DSE draws scathing criticism

Probe-body chief Khondoker Ibrahim Khaled said Monday a "powerful vested quarter", consisting of 200 persons, were behind the collapse of the stock-market and they still dictate terms. There is a "powerful vested quarter involved in it", Mr Khaled, a former deputy governor of Bangladesh Bank, told a seminar organised at...

PM meets Pope (2018-02-13)

ROME, Feb 12 (BSS): Prime Minister Sheikh Hasina held a meeting with Pope Francis, the spiritual leader of the Catholics of the world, at the Holy See (Vatican City) on Monday."The premier visited Vatican City this morning at the invitation of the Pope and had an audience with him there,"...

DTCA eyes improving lane management

Dhaka Transport Coordination Authority (DTCA) has taken an initiative to focus on properly managing the lanes of the city roads for easing the traffic situation that often remains unbearably congested, officials said. They said the authority is expected to strengthen its traffic management committee to intensify coordination among relevant agencies...

BNP to continue 'peaceful protests'

The BNP says it will continue its 'peaceful movement' to put pressure on the government to release party chief Khaleda Zia from jail, report agencies.The assertion came with the authorities showing Khaleda arrested in three cases. The three-time prime minister and chairperson of Bangladesh Nationalist Party, was shown arrested on...

Four to die for killing Rupa after rape

TANGAIL, Feb 12 (UNB): A court here on Monday sentenced four people to death and another person to seven years' imprisonment for killing law student Zakia Sultana Rupa after gang rape in a running bus on August 25 last year.Women and Children Repression Prevention Tribunal Judge Abul Hossain Miah pronounced...

Duty waiver on BPC furnace oil

The Bangladesh Petroleum Corporation (BPC) has got 'much-expected' waiver from paying duties against import of furnace oil for electricity generation.The Bangladesh Power Development Board (BPDB) will purchase the duty-waived furnace oil from BPC to run the public sector's furnace oil-fired power plants, said a senior BPC official.BPDB's furnace oil purchase...

News Watch (13-02-2018)

President assents to four billsPresident Abdul Hamid assented on Monday to four bills passed in the 19th session of the current parliament. The bills are Power Bill, Bangladesh Ship Recycling Bill, Sheikh Hasina University Bill and One Stop Services Bill. — UNB Fire at Bhasantek slum near MirpurA massive fire...