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

Metrorail's MRT-05 south project back on track

The Mass Rapid Transit (MRT) Line-05 project finally resumes for implementation to build Dhaka city's south communications corridor from Gabtoli to Dasherkandi through Karwanbazar, ending speculations about rerouting or suspending another underground metrorail.According to officials, a development project proposal (DPP) to this end will be sent to the Planning Commission...

Next election to be free and fair

Chief Adviser Prof Dr Muhammad Yunus on Saturday assured British parliamentarian Rupa Huq that the next general election in Bangladesh would be completely free and fair."People could not vote in the last three elections. There was a fake parliament, fake MPs, and a fake speaker," Prof Yunus told Huq as...

Managing director sent on forced leave

First Security Islami Bank PLC has sent its managing director, Syed Waseque Md Ali, on forced leave, for 90 days as part of conducting an independent review of the bank's asset quality. The bank's board of directors made the decision during a meeting on Saturday. According to an office order...

Cold wave eases as sunlight returns

Bangladesh endured three days of dense fog and biting winds at the start of the new year, leaving Dhaka and other regions grappling with cold and limited sunlight. However, Saturday's morning sunshine brought a welcome reprieve, revitalising urban life.Over the past few days, Dhaka had been enveloped in a thick...

ADSM for observing proclamation week from Jan 06

The Anti-discrimination Student Movement (ADSM) and the Jatiya Nagorik Committee have announced to the media the observance of the 'July Proclamation Week' nationwide from January 06 to 11.The announcement was made at a joint press conference convened at the central office of the ADSM in the capital on Saturday.At the...

Foreign grants for dev projects mostly misdirected

Grants coming for development projects in Bangladesh from several foreign agencies mostly goes for revenue expenditure for consultants, foreign trips, training and salaries, leaving little for real service delivery.An analysis of five projects has revealed the state of foreign grant assistance provided for the country's uplift in various sectors in...