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

Govt revises RMG workers' wages

The government has revised both basic and gross pays in six out of seven grades for the garment workers aimed at removing disparities in the new wage structure.The revised wage structure was announced on Sunday at a meeting presided over by state minister for labour Monnujan Sufian at her secretariat...

It's our responsibility to contain corruption: PM

Prime Minister Sheikh Hasina said on Sunday it is the responsibility of her government to contain corruption for providing safeguard to all development programmes, reports UNB."Let corruption not be an obstacle to our path of development, let not corruption ruin all of our achievements. So, it's our responsibility to contain...

Petrobangla updates draft of model PSC

Petrobangla has updated the draft of the model production sharing contract (PSC) to launch fresh bidding for both onshore and offshore blocks.The state-run oil and gas corporation subsequently sent it to the Ministry of Power, Energy and Mineral Resources (MPEMR) for its approval, a senior Petrobangla official told the FE...

Sonali's SoS for capital support

The state-owned Sonali Bank Ltd (SBL) has sought guarantee worth Tk 60 billion from the government to tide over its capital shortfall urgently, officials said.The SBL also requested the government to pay off the commission against the hefty Tk 942-billion letter of credit (LC) it had opened for importing equipment...

BD to be 24th economy in GDP globally by 2032

Finance Minister A H M Mustafa Kamal hoped that Bangladesh's economy would be at 24th position in global ranking by 2032 in terms of the gross domestic product (GDP).He also said when the economy grows, scope of employment generation widens, and thus poverty reduces.Mr Kamal was speaking at a programme,...

News Watch- (14-1-2019)

UN ready to work with new BD govt The United Nations said it stands ready to work with the new government of Bangladesh and other national stakeholders to further efforts towards a peaceful and inclusive society, good governance and the rule of law in line with the 2030 Agenda, notably...