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

New monetary policy tomorrow

A half-yearly monetary policy statement may be announced tomorrow (Thursday) with contractionary stance on money supply as curbing the persisting high inflation continues to influence Bangladesh's financial front.For the first time ever, the central bank is going to unveil the July-December MPs through its website posting on Thursday afternoon-possibly for...

Six killed, hundreds injured in massive clashes

At least six people were killed and several hundred injured in widespread clashes between ruling-party activists and police and students Tuesday as blockades crippled the country amid students' quota protests.The government deployed paramilitary BGB troops in flashpoints and declared schools and colleges across Bangladesh closed sine die for "student safety"...

Leave to appeal filed against HC verdict on quota reinstatement

The government on Tuesday filed a leave-to-appeal petition against a High Court verdict that declared illegal a 2018 circular abolishing all job quotas, including that for freedom fighters.Attorney General AM Amin Uddin updated the media on the filing of the petition by his office.He said the petition would come up...

Stop audit of operations with delisted auditors

Banks and financial institutions get a binding regulatory order not to continue audit of their operations with the listed audit firms if delisted by the Financial Reporting Council (FRC).Bangladesh Bank (BB) issued Tuesday a circular that says the BB published a list of 39 Chartered Accountant Firms eligible for auditing...

Export data mismatch won't change GDP, per-capita income: MoF

The government claims the export-data mismatch won't change the size of Bangladesh's gross domestic product (GDP) and per-capita income, though economists think different about knock-on effect of the miscalculation. In a release Tuesday, the ministry of finance said the central bank usually publishes info on export earnings based on the...

Holy Ashura today-

The holy Ashura, commemorating the martyrdom of Hazrat Imam Hossain Ibn Ali (RA), the grandson of Prophet Hazrat Muhammad (Peace Be Upon Him), will be observed across the country today (Wednesday) with due religious solemnity.It is the 10th day of the month of Muharram in Hijri calendar-1446. This day is...

Secondary schools, colleges closed

The government has ordered a shutdown of all high schools and colleges across the country until further notice amid deadly violence during protests against government job quotas, reports bdnews24.com. Besides the educational institutions at secondary and higher secondary levels, polytechnic institutes will also be closed, the education ministry said in...