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

UN chief for world pressure on Myanmar

The UN secretary general has made a fervent appeal to the world community to pressure Myanmar to create the "right conditions" for repatriation of the Rohingya.He reasserted the call for safe and dignified return of the refugees to their place of origin in Rakhine state.Antonio Guterres stressed the need for...

FBCCI wants early formation of banking reforms commission

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), country's apex trade body, on Monday welcomed the move to lower the lending rate to single digit by banks and called for strong monitoring to make it sustainable.The FBCCI also termed the move timely.The 9.0 per cent lending rate facility...

Neymar strikes as Brazil beat Mexico 2-0 to reach quarterfinals

SAMARA, Russia, July 02 (Agencies): Neymar and Firmino were on target as Brazil beat Mexico 2-0 in their World Cup last-16 clash on Monday to earn a quarter-final against either Belgium or Japan.After an open but goalless first half in hot conditions, tournament favourites Brazil broke through in the 51st...

100pc rise in state-owned industrial units’ wages

The Cabinet has approved the National Wage Scale-2015 and allowances for the workers of public sector industries with minimum wage of Taka 8,300 as recommended by the National Wages and Productivity Commission 2015, reports BSS.The approval was given in the weekly meeting of the cabinet held at Prime Minister's Office...

HC issues rule on ninth wage board for newsmen

The High Court has issued a rule asking the authorities concerned to explain why formation of the ninth wage board by the Information Secretary for journalists and staff of newspapers and news agencies would not be declared illegal, reports UNB.An HC bench of Justice Md Moinul Islam Chowdhury and Justice...

SoCBs to give funds to PCBs at 6.0pc interest

The state-owned commercial banks (SoCBs) have agreed to provide deposit to the private commercial banks (PCBs) at 6.0 per cent interest rate for implementing the single-digit lending rate, officials said. The decision was disclosed at a meeting of the bankers, held at the Bangladesh Bank (BB) headquarters in Dhaka on...

News Watch (3-7-2018)

Today we're all Rohingyas: WB president Shortly after visiting Rohingya in Cox's Bazar district, visiting World Bank Group President Jim Yong Kimon said on Monday they are all Rohingya today. "I am extremely humbled and moved by the courage of the Rohingya. We cannot turn our heads away. We stand...