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

Court orders arrest as PK Halder set for return home

The High Court on Wednesday ordered the law enforcing agencies to arrest Proshanta Kumar Halder (known as PK Halder), who allegedly swindled billions out of a number of banks and financial institutions and fled the country.The law enforcers have also been directed to send him to the competent court of...

Covid hits non-life insurers’ earnings

The overall gross earnings of the non-life insurance industry plunged by more than 20 per cent in April-June period from that in the January-March period, 2020.The premium of 46 non-life firms amounted to Tk 8.0 billion in the second quarter or Q2, down by 20.18 per cent from Q1, according...

Potato prices still remain high

The prices of potato remained much higher in the city markets on Wednesday than that of the government-fixed rate.The government revised maximum retail prices of potato at Tk 35 a kilogram on Tuesday.But stored potatoes like diamond and cardinal varieties were sold at Tk 43-50 a kg while 'carriage' variety...

Now authorised dealers can import gold jewellery

The central bank has given exclusivity to authorised gold dealers (AGDs) for importing the ornaments in line with the gold policy-2018, officials said. "....nowit has been decided that import of gold jewellery is to be executed by Authorised Gold Dealers (AGDs) within the purview of the Gold Policy-2018," the Bangladesh...

Int’l donor confce on Rohingya today

The much-hyped international donor conference takes place today (Thursday) to mobilise long-term aid for Rohingya refugees.Bangladesh, host of the largest number of Rohingyas, has also been invited to the conference, but the country considers that repatriation, not humanitarian aid should be the main focus of the meeting which is expected...

DSE managing director resigns

Managing Director of Dhaka Stock Exchange (DSE) Kazi Sanaul Hoq has resigned from the premier bourse on health grounds.The board of directors of the DSE on Wednesday accepted his resignation letter submitted on October 8.Mr. Hoq, also a former managing director of the Investment Corporation of Bangladesh (ICB), joined the...

Closed jute mills Workers to get dues by Nov

Workers of the closed state-owned jute mills will get their dues by next month, textiles and jute minister Golam Dastagir Gazi said on Wednesday."As per the assurance of Prime Minister Sheikh Hasina, jute mill workers under the Bangladesh Jute Mills Corporation (BJMC) will be paid their dues by November next,"...