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

LGED keen to support controversial 'MPs' projects' of past regime

A much-debated project distributing development works for Members of Parliament (MPs) during the deposed Awami League regime makes a comeback with cost and time escalations despite being earlier forsaken by the current interim government, sources say. The Local Government Division (LGD) has proposed extending the tenure of the Universal Social...

15 serving military officers produced in court, sent to prison

Fifteen in-service military officers were Wednesday produced in the International Crimes Tribunal-1 in Dhaka and sent to jail in cases of crimes against humanity. Soon after the court order, they were taken to the cantonment sub-jail.They, along with the top brass of the unseated past government, face three cases filed...

ILO offers to work with BD jointly on export, investment

The International Labour Organisation (ILO) offers joint collaboration with Bangladesh for promoting investment and export.New Country Director for the International Labour Organisation (ILO) Office in Bangladesh Max Tuñón made the overtures Wednesday as he assumed his responsibilities as the country chief of the UN agency."Our collective efforts will not only...

Majority of banks yet to adopt AI in cybersecurity: BIBM

Application of artificial intelligence (AI) in disaster recovery (DR) planning remains almost entirely non-existent in Bangladesh's banking sector, according to a recent survey. The Bangladesh Institute of Bank Management (BIBM) survey revealed that about 95 per cent of institutions admitted that they had not used AI for this purpose and...

Jamaat for legal enforcement of Charter

Jamaat-e-Islami has called for the immediate establishment of a legal framework to implement the July National Charter, saying that the consensus achieved through months of multi-party dialogue must now be given the force of law.The party's central Naib-e-Amir, Dr Syed Abdullah Mohammad Taher, made the remarks on Wednesday after a...

No caretaker govt before charter: Nahid

The formation of a caretaker government before the implementation of the July Charter is not feasible, National Citizen Party Convenor Nahid Islam said, reports bdnews24.com.On Wednesday, following a meeting with Chief Advisor Muhammad Yunus, he said if anyone intended to implement the Charter before a public referendum, the Election Commission...

Volatility foreseen in forex market

After weeks of regulatory-intervention-driven stability, Bangladesh's foreign-exchange market suddenly starts heating up with exchange rate recording over 50-paisa rise in a day, officials and bankers said.They said the taka-greenback exchange rates had risen on the market for the last couple of days but the major hike was observed Wednesday when...