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

Attachment of S. Alam Group assets likely for deposit refund

Attachment of acquisitive S. Alam Group's assets is likely as the Bangladesh Bank governor urges people not to purchase any of its properties destined for sale to refund bank depositors.Dr Ahsan H. Mansur also spoke about an overhaul in the country's problem-ridden banking sector ahead, in tune with the interim...

Independent panel to review impugned quick rental deals

Corruption has engulfed each and every arena of power and energy sector, says adviser Fouzul Kabir Khan and reveals the post-uprising interim government's stand on crosschecking quick-rental deals. "Wherever I look, irregularities and corruption exposes," the adviser for power and energy, and road transport and bridges, Muhammad Fouzul Kabir Khan,...

Floods: Death toll rises to 31, over 5.8m affected

The death toll in the devastating flood has risen to 31 as the deaths of four more people were reported on Wednesday.Among the deaths, 12 were in Cumilla, six in Noakhali, five in Chattogram, two in Feni, one each in Khagrachhari, Brahmanbaria and Lakshmipur and three were in Cox's Bazar...

Govt lifts ban on Jamaat

The interim government has lifted the ban on Bangladesh Jamaat-e-Islami, its student wing Chhatra Shibir, and its other front organisations.Dr. Mohammad Abdul Momen, Senior Secretary of the Home Ministry's Public Security Division, issued a notification on Wednesday to this effect.The notification stated, "Since there is no specific information or evidence...

All projects awaiting ECNEC seal to backtrack for recheck

All divisions and sectors under the Planning Commission are poised to wind up projects awaiting approval from the ECNEC as many of those are considered "politically motivated" and less important, PC officials said Wednesday.Some 40 projects, undertaken by the past Sheikh Hasina administration, are now in the queue before the...

Seven ex-SC judges sued for contempt of court

A contempt-of-court petition has been filed with the High Court division of the Supreme Court against seven former Appellate Division judges, including three former Chief Justices (CJs). The judges are--- former Chief Justices Syed Mahmud Hossain, Hasan Foez Siddique and Obaidul Hassan, Appellate Division judges--- Muhammad Imman Ali, Mirza Hussain...