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

Next budget likely Tk 7.92t with doable targets

Bangladesh's upcoming budget may be Tk 7.92 trillion in size, smaller than the current one, as the interim government walks a tightrope amid a subdued trend in revenue earnings and foreign-aid inflow in the present context. Officials give the possible budgeting outlook, saying that this is for the first time...

Laundered assets abroad to be frozen within six months

CHATTOGRAM, Apr 11: Bangladesh Bank is set to freeze several foreign assets acquired through laundered money within next six months, as part of a broader initiative to recover illicit funds and strengthen financial accountability.Governor of the central bank Dr Ahsan H. Mansur said here today (Friday) while rolling out actions...

DU to hold new year rally as ‘Ananda Shobhajatra’

Dhaka University (DU) will celebrate this year's Pahela Boishakh with its traditional vibrant rally titled 'Barshoboron Ananda Shobhajatra', replacing the decades-old name 'Mangal Shobhajatra', reports UNB.The announcement came at a press conference held at the Faculty of Fine Arts on Friday.DU Vice-Chancellor Prof Dr Niaz Ahmed Khan, Pro-Vice Chancellor (Administration)...

Mild quake jolts Dhaka

A mild earthquake has occurred at Brahmanbaria near Bangladesh-India borders with the tremors travelling to Dhaka, reports bdnews24.com.According to the United States Geological Survey (USGS), the quake's magnitude was measured at 4.3 on the Richter scale at 4:52pm on Friday.Its epicentre was traced 10km deep below the surface of the...

Water supply cost set to rise by Tk 28.28b more

The cost of the first investment initiative by the Dhaka Water Supply and Sewerage Authority (DWASA) to bring water to the capital from the Meghna is set to rise by another Tk 28.28 billion.The Local Government Division (LGD) has submitted the third revision proposal for the project styled 'Dhaka Environmentally...

Law overhaul underway to protect consumers

Updating the law with stricter provisions gets underway as the interim government moves to safeguard consumers amid inexorable inflation fueled by price spikes of many products, sources said.The Directorate of National Consumer Rights Protection (DNCRP) has formed a high-profile committee to do the necessary spadework for reframing the consumer-protection law,...