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

Interim government formed on SC nod

Bangladesh's apex court gave the go-ahead for the interim government and its oath before its formation in the exigent situation stemming from the exit of the previous government, SC sources said. The Appellate Division of the Supreme Court gave the opinion on a presidential reference. After having received the opinion,...

Interim government portfolios allocated

Portfolios of the interim government of Bangladesh were allocated Friday by Chief Adviser Prof Muhammad Yunus, keeping his hold on 27 important ministries and divisions for now. The portfolios were distributed to 13 of the advisers of the post-uprising government as three were yet to take oath. A 17-member interim...

Rejuvenating sluggish economy prime priority

Rejuvenating the slowed-down economy and fixing problems facing the stock market, and banking and financial sectors are priorities for now, said Finance and Planning Adviser Dr Salehuddin Ahmed after taking charge on Friday. He also said restoring law and order is a prime priority for the interim government, which took...

Central bank Governor resigns

Bangladesh Bank Governor Abdur Rouf Talukder resigned on Friday afternoon on "personal grounds" .The central bank governor submitted his resignation to the Secretary of the Financial Institutions Division (FID) of the Ministry of Finance at around 3:00 pm citing personal reasons. FID secretary Md Abdur Rahman has confirmed it to...

Prices down in city kitchen mkts further

Increased supply as well as intervention by students from the Anti-Discrimination Student Movement has led to a further reduction in the prices of essential commodities in the city on Friday.Absence of extortionists also helped reduce the prices of vegetables, eggs, chicken and others, offering some relief to the residents in...

China welcomes interim govt

China has welcomed the just-formed interim government of Bangladesh."China strictly follows the principle of non-interference in other countries' internal affairs. We respect Bangladesh's independence, sovereignty and territorial integrity and the development path independently chosen by the Bangladeshi people," a spokesperson for the Chinese Foreign Ministry said on Friday."We stand firmly...

CA visits Abu Sayed's family in Rangpur today

RANGPUR, Aug 9 (BSS): Chief adviser to the newly formed interim government Dr Muhammad Yunus will visit the home of Shaheed Abu Sayed, a student of Begum Rokeya University in Rangpur, who was killed in police firing during quota reform movement."Dr Muhammad Yunus will arrive in Babanpur village of Pirganj...