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

BB gives nod to set up one more pvt bank

The central bank has decided to give licence to one more private commercial bank a few months ahead of the national elections.Proposals for two other banks are also under process.The decision was taken at a meeting of the Bangladesh Bank (BB)'s board of directors held at its headquarters in Dhaka...

BRTA steps up drive against unfit vehicles, errant drivers

FE ReportThe Bangladesh Road Transport Authority (BRTA) strengthened its crackdown on unfit vehicles and errant drivers on Tuesday to bring discipline in the public transportation system.BRTA conducted mobile courts, led by its seven magistrates, at different points in the capital.The mobile courts started their activities at 9.00 am at Bangla...

Muhith rules out BASIC Bank’s image crisis

Finance minister AMA Muhith ruled out the possibility of a negative impact on the image of BASIC bank after the resignation of its managing director.Muhammad Awal Khan tendered his resignation on August 14, citing physical illness and personal engagements. "No, the bank won't face any problem. It (resignation) is totally...

EC plans to hold election in last week of December

The Election Commission (EC) plans to hold the 11th national election in the last week of December and it is acquiring capacity to use EVMs in one-third of the polling stations across the country, reports UNB."Our plan is to arrange the election at the end of December ...it may be...

Barapukuria power plant goes out of operation again

DINAJPUR, Aug 28: A unit of Barapukuria Coal-fired Thermal Power Plant which resumed operation eight days ago to meet the demands of electricity during the Eid-ul-Azha was shut down again on Tuesday. Executive Engineer and Manager of the power plant Mahbubur Rahman said the unit having a capacity of producing...

Trawler sinks in Jamuna, three missing

MANIKGANJ, Aug 28:Three people, including two children, went missing as a trawler capsized in the Jamuna River at Char Alokdia in Shivalaya upazila on Tuesday morning. Two of the deceased were identified as Nur Box, 45, of Ataikula and Megha, 7, of Sujanagar upazilas in Pabna district. The trawler with...

Darul Ihsan varsity certificate holders come under MPO

The government has ordered the authorities concerned to bring under the Monthly Payment Order (MPO) scheme teachers and employees of different educational institutions holding certificates of Darul Ihsan University. The education ministry issued an office order on Tuesday to this end. — UNB