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

President wants to quit halfway after Feb election

Bangladesh President Mohammed Shahabuddin said on Thursday he plans to step down midway through his term after February's parliamentary election, telling Reuters he has felt humiliated by the interim government, led by Nobel laureate Muhammad Yunus.As head of state, Shahabuddin is commander-in-chief of Bangladesh's armed forces, but the role is...

Election, referendum on Feb 12

Bangladesh gets in the process of democratic transition from the post-uprising interregnum with the rollout of poll schedule Thursday for general election and reform referendum to be held on February 12 next.Political parties active through the 5th-August 2024 student-mass uprising instantly welcomed the much-envisaged election schedule, saying that the people...

A 'new chapter' opens in politics

Political parties active through the student-mass uprising instantly welcome the much-envisaged election schedule, saying that the people will be able to exercise their franchise after the end of a decade-and-a-half-long "fascist regime".BNP Secretary-General Mirza Fakhrul Islam Alamgir describes the just-announced schedule for the 13th national parliamentary election as a new...

BB-backed startup investment cos formed with Tk 4.25b capital

An equity-backed public limited company with an initial paid-up capital of Tk 4.25 billion has been formed to finance startups and facilitate promising economic ventures in the country, sources said.Under the guidance of the Bangladesh Bank (BB), the company -- Bangladesh Start-up Investment Company PLC -- was formed a couple...

Toddler Sajid declared dead after rescue

The baby rescued from a borehole in Tanore of Rajshahi on Thursday night was declared dead by doctors at a health complex.Lieutenant Colonel Mohammad Tajul Islam, Director (Operation and Maintenance) of the Fire Service, confirmed the news, citing doctors at the Tanore Upazila Health Complex.The two-year-old Sajid, who went missing,...

Truth and Reconciliation Commission proposed for salvaging business

An interim government pointsman proposes the formation of a truth commission for rectifying economic crimes and examining how non-performing loans were created under the ousted previous regime."We have to form a Truth and Reconciliation Commission on economic crime and see how NPLs were created," special envoy to the chief adviser...

Khaleda remains in critical state under intensive treatment: Board

BNP Chairperson and former Prime Minister Begum Khaleda Zia remains in critical condition at Evercare Hospital, report agencies.She is on ventilator support and receiving intensive care for multiple serious complications, according to the medical board overseeing her treatment.In its latest update provided on Thursday, the board said the former premier...

Charge-sheet filed against British MP Tulip Siddiq in flat forgery case

The Anti-Corruption Commission (ACC) Thursday approved a charge-sheet against British MP Tulip Rizwana Siddiq and former RAJUK official Sarder Mosharraf Hossain, accusing them of illegally possessing and transferring a flat at Gulshan in Dhaka.According to the ACC investigation report, Ms Tulip, being the niece of former Prime Minister Sheikh Hasina,...

Metro rail services in limbo

Today's metro-rail operations remain uncertain as the operator on Thursday said services would run as usual, even though the striking staff did not withdraw their work stoppage that begins today.The Dhaka Mass Transit Company Limited (DMTCL) employees of grades 10 to 16 on Tuesday announced to go on strike on...