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

CA seeks US aid to revitalise economy

Chief Adviser Prof Muhammad Yunus has sought support from the United States for his post-uprising government in rebuilding the country through vital reforms and repatriating siphoned-off assets.The head of interim government sought the assistance when a high-powered US delegation met him at the state-guesthouse Jamuna in Dhaka, said a spokesperson...

Labour situation improves in Ashulia industrial zone

Labour situation in the Ashulia industrial zone improved as the workers of almost all the garment factories joined their respective workplaces on Sunday.The development emerged a day after a tripartite meeting that called upon the workers to join their respective factories, apparently offering a congenial working environment after two weeks...

A billionaire in S’pore, minnow in Bangladesh

A multibillionaire tycoon in Singapore is found a minnow in Bangladesh as tax sleuths find his local asset coming to only 2.52 per cent of his second-home wealth. Taxmen's initial finding reveals that Aziz Khan, rated as the 43rd billionaire Singapore, has Tk 3.30 billion worth of assets in Bangladesh,...

WB, US delegates talk reforms, asset recovery with BB

A fresh World Bank loan of US$750 million for policy update may be forthcoming for Bangladesh in addition to a $250-million investment credit currently being processed, central bankers said Sunday after talks.A WB delegation proposed the policy-based loan, conditional upon implementation of certain policy measures by the Bangladesh Bank (BB),...

We are in ground-zero situation, CA tells ADB delegation

Asian Development Bank (ADB) South Asia Director-General Takeo Konishi on Sunday said there was room for policy-based lending to Bangladesh as the interim government stepped up efforts to stabilise the economy. He also said the ADB had a long history of working in Bangladesh and would be keen to support...

Miladunnabi today _

The holy Eid-e-Miladunnabi, marking the anniversary of the birth and demise of Prophet Hazrat Muhammad (PBUH), will be observed across the country today with due religious solemnity, reports BSS.The decision was taken at the National Moon Sighting Committee's meeting held at the Islamic Foundation (IF) Conference Room at Baitul Mukarram...

Case filed against Salman, former BB governor, 10 others

A case has been filed against former private industry and investment adviser of ousted prime minister, the former Bangladesh Bank governor, and 10 former and current officials of Bangladesh Infrastructure Finance Fund Limited (BIFFL).Former adviser Salman F. Rahman, former BB Governor Abdur Rouf Talukder, and other officials are accused of...