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

EU, G77 back country's bid for smooth LDC graduation

A big backing comes from the European Union (EU) and the Group of 77 and China (G77) to Bangladesh in its try for smooth, sustainable and irreversible graduation from the least- developed country (LDC) category with extended time.According to a government news release issued Friday, the assurances came during separate...

AIIB preparing sector-specific dev financing plan for Bangladesh

Bangladesh's development recipe is receiving a fillip as the emerging-financier Asian Infrastructure Investment Bank (AIIB) is set to prepare a sector-specific financing plan for the country, sources say.Styled 'Multi-Year Rolling Pipeline (MYRP)', the financing package is focused on funding key sectors like infrastructure, connectivity, energy transition, climate resilience, urban services,...

Policy vacuum lets unsafe autorickshaws rule streets

Whether it is for daily commuting or leisure trips, unsafe battery-powered three-wheelers dominate as the prime mode of transportation due to the government's reluctance to regulate their growth under a regulatory framework.The reluctance also means the government is ignoring its target to shift to e-vehicles by 2030.Experts and sector analysts...

Messi eyes glorious farewell in FIFA World Cup final

Spanish elan meets Argentinian steel in a historic World Cup final on Sunday (Monday as per BST) which sees the reigning champions of Europe and South America battle for football's ultimate prize, reports AFP.Holders Argentina are bidding to become the first team in 64 years to successfully defend the title,...

Nine years lost in project-execution dilemmas

A project to bring 19 government licensing agencies under a single window for faster approvals has failed its planned takeoff although nine years have already elapsed into dilemmas, says an official evaluation report. Alleged noncooperation of government agencies and a lack of coordination between software and hardware developments and procurement...

US strikes in Iran hit airport, bridges and railway station

TEHRAN, July 17 (AFP): Deadly US strikes overnight hit an airport, a railway station and two bridges in Iran, killing three people, Iranian state media reported on Friday.The United States and Iran have traded fire as the foes battle over the vital Strait of Hormuz waterway in the renewed Middle...