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

Three reasons why IMF cuts Bangladesh's growth forecast

The International Monetary Fund (IMF) has cited three major reasons for downward revision of Bangladesh's GDP-growth prospect for this fiscal year, including a pass-through ambience of uncertainty."I think there are three reasons, one of course is the policy mix has been tighter, the second tariffs, and uncertainty have played a...

Fire burns down CEPZ factory

CHATTOGRAM, Oct 16: A fierce fire burnt down a multi-storey apparel-factory building in the Chittagong Export Processing Zone (CEPZ) Thursday, barely two days after a tragic garment blaze in Dhaka. The fire erupted at around 2:20pm from the top floor of the seven-storey building housing a factory named Adams Caps...

HSC passes plummet to two-decade low at 58.83pc, highest-grade score halves

Average pass rate in this year's Higher Secondary Certificate (HSC) and equivalent examinations plummets to a two-decade low at 58.83 per cent while the highest-grade GPA score halved compared to last year's.The successes rate shows 18.95-percentage-point fall from that of last year, in what education officials describe as a result...

Stage set for July Charter signing today amid political rift

The National Consensus Commission (NCC) gets another extension of tenure as the interim government is all set to hold the July Charter-signing ceremony today (Friday) amid political differences, including demand for an official order executing the firman. The Cabinet Division in a circular extended the time a third time until...

Landslide victory for Shibir in CUCSU polls

CHITTAGONG, Oct 16: Islami Chhatra Shibir has achieved a landslide victory in the Chittagong University Central Students' Union (CUCSU) and hall union elections.Sampritir Chhatra Jote, backed by Shibir, won 24 out of the total 26 positions in the polls.Around 65 per cent of the total 27,516 voters cast their ballots...

RUCSU polls post 69.83pc turnout

The long-awaited Rajshahi University Central Students' Union (RUCSU) election, along with hall and senate representative polls, concluded peacefully on Thursday without any report of irregularities or untoward incidents - marking the successful return of campus democracy after more than three decades.Voting took place in a festive and disciplined environment from...