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

EC to spend Tk 7.02b in upcoming election

Election Commission (EC) has prepared a record Tk 7.02-billion budget for holding the upcoming 11th Jatiyo Sangsad (JS) election, with maintenance of law and order receiving the largest share, officials said.The overall budget spending registered over 40 per cent increase than that of the 10th parliamentary election, held in January...

Governance failure major risk to doing business in BD

The failure of national governance becomes a major risk to doing business in Bangladesh and also in two other South Asian nations Nepal and Sri Lanka, according to a recent report released by the World Economic Forum (WEF).The report titled 'Regional Risks for Doing Business' highlights 10 major risks to...

Banks in reverse gear

An overwhelming majority of the country's banks are leaning towards centralisation of their operations, although most of the customers prefer a decentralised system, an industry-wide survey has found. Reduction or elimination of corruption, fraud and malpractices at the branch level were the main reasons, for which the banks previously preferred...

AL initially approves 230 candidates

The ruling Awami League has given its initial approval to the candidates who will compete for the party in the coming 11th parliamentary election, reports agencies.The party began distributing the confirmation letters for the candidates on Sunday morning at the Awami League's central offices at Bangabandhu Avenue.Awami League general secretary...

BB asks NBFIs to provide info about poll candidates

The central bank has asked non-banking financial institutions (NBFIs) to share information about default loans of the aspirants of the national elections, if any, with the returning officials.The Bangladesh Bank (BB) issued a directive in this connection on Sunday, asking the managing directors (MDs) and chief executives of all the...

News Watch- (26-11-2018)

End Gatco case trial in six months: HCThe High Court (HC) directed the lower court on Sunday to conclude within six months the trial proceedings in the Gatco graft case, filed against BNP Chairperson Khaleda Zia and others. It also ordered Gatco directors - Syed Galib Ahmed and Syed Tanveer...

Indigenous hybrid tricycle

Indigenous hybrid tricycle: A battery-run rickshaw is seen fitted with a wheel of a motorcycle on its front. Though the vehicle does not have any gear, it uses the bike's system for acceleration and brake. The picture was taken from Aganagar in Keraniganj on Sunday — FE Photo by Shafiqual...