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

UAE group getting MoU on Bay terminal investment extended

The government is extending the tenure of a memorandum of understanding (MoU) under which the Abu Dhabi Ports Group wants to invest in the potential port sector of Bangladesh, while an impasse keeps other scrambling foreign investors at bay.An impasse over appointment of a foreign operator for New Mooring Container...

Army releases list of post-Aug 5 cantonment shelter seekers

The Bangladesh Army has released the list of people who took shelter in cantonments during the fall of the Awami League government amid the Anti-discrimination Student Movement, reports bdnews24.com.The Inter-Services Public Relations Directorate (ISPR) confirmed that 626 people were given shelter in different cantonments at that time.Among them were 24...

BB warns against forex hoarding

Bangladesh Bank Governor Dr Ahsan H. Mansur Thursday gave a clear message to the aggregators in particular against getting involved in foreign-exchange hoarding to make a killing on the market-driven exchange regime."Don't hold (US) dollars. How many days you can? ...not more than five working days and I can bet...

CA consults Mahfuj, Asif and Nahid

Chief Adviser Professor Muhammad Yunus had closed-door discussions with the two student advisers of the interim government and National Citizen Party (NCP) convener Nahid Islam on Thursday evening amid some fast developments. They discussed "issues related to the current political situation", sources inside the NCP, the recently floated political platform...

NBR split after amendments to ordinance: MoF

The ordinance to bifurcate the National Board of Revenue (NBR) will only be implemented after incorporating the necessary amendments to be made based on comprehensive discussions with all stakeholders, including the Revenue Policy Reform Advisory Committee, says the Ministry of Finance (MoF). It said this in a press statement on...

Protests, rain paralyse city with severe traffic disorder

City life came to a standstill on Thursday as torrential rain coupled with political protests in places caused severe traffic gridlock throughout the capital. People from all walks of life--- office-goers, students, day labourers and others— were left in the lurch amid what many described as a "disastrous traffic situation."According...

Interim govt has mandate to hold election only: BNP

The interim government has a mandate to hold a free, fair and impartial national election only, said Bangladesh Nationalist Party (BNP).They also demanded removal of National Security Adviser Khalilur Rahman as well as some other advisers "linked to a party", said the party at an emergency news conference at the...

BKMEA seeks govt's intervention

The country's apparel sector leaders sought the interim government's diplomatic intervention over export ban imposed by India so that all ongoing work orders are exempted from the ban. They also requested for deferment of the ban's implementation for at least three months. Mohammad Hatem, president of Bangladesh Knitwear Manufacturers and...