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

WB imposes 10-month ban on Beximco Computers

The World Bank has imposed 10-month debarment sanctions on Beximco Computers Limited following an investigation into collusive practices under a major digital development initiative in Bangladesh.To this effect, sources have said, the WB issued a 'Notice of Uncontested Sanctions Proceedings' to the company of the embroiled Beximco Group on June...

Bangladesh to explore int'l bond market for fundraising, lower internal borrowing

Bangladesh will expedite efforts to explore international bond markets to gather an increased volume of foreign funds to finance development works, the government was learnt to have told a visiting IMF delegation on Tuesday. This way, it said, the domestic borrowings will be lessened as it ultimately lowers fund flow...

Faulty bearing pads slow MRT-6 speed

More than one-fifth of the bearing pads on Dhaka's MRT Line-6 have been found defective, forcing speed restrictions and raising wider concerns over the structural integrity of Bangladesh's first metro-rail system.Trains have been slowed to as little as 40km/h at several locations, just 30 months after the country's first metro...

Agitating students demand edn minister's resignation

HSC examinees staged widespread protests across Dhaka and some other districts over their demands including resignation of Education Minister ANM Ehsanul Hoque Milon.The demonstrations were triggered by the authorities' decision to hold the Higher Secondary Certificate (HSC) examinations on Monday despite severe waterlogging, coupled with allegations of a flawed and...

Spain in WC final at France's cost

Spain comfortably saw off France on Wednesday (BST) to reach only the second World Cup final in their history, report agencies.France were favourites to win the tournament and lit up the early stages of this World Cup, but Spain never allowed them to click into gear as they secured victory.Mikel...

Decision not to postpone HSC exam taken on admin's advice

Education Minister Dr A N M Ehsanul Haque Milon has assured that Higher Secondary Certificate (HSC) examinees would receive full marks for the erroneous questions on Physics and that reexaminations could be held at affected centresThe minister explained in parliament on Tuesday what had gone wrong in arranging exams amid...

US launches strikes on Iran as Tehran retaliates in Hormuz, Bahrain

DUBAI (United Arab Emirates) July 14 (AP): The United States launched a new wave of military strikes on Iran early Tuesday, targeting coastal military infrastructure, while Tehran retaliated by attacking Bahrain and two United Arab Emirates-linked tankers in the Strait of Hormuz, further escalating tensions in the Gulf.The US Central...