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

BFIU for urgent agreements, finance on move

Financial intelligence urges signing key agreements for recovering stashes of Bangladesh's stolen assets from various countries and the finance adviser affirms interim government bid for such deals.These formal arrangements are essential for creating robust legal frameworks to support this process, says the Bangladesh Financial Intelligence Unit.Official sources indicate that the...

UN to support Bangladesh police, electoral reforms

The United Nations will support Bangladesh in wide areas, including police and election reforms, as the interim government rolls out major restructuring of the country's institutions, says UN resident coordinator.Chief Adviser Prof Muhammad Yunus Sunday sought necessary UN support for reforms and said "this is the most unifying moment" for...

Three dozen renewable energy projects await govt approval

Nearly three dozen renewable-energy projects with around 3,287-megawatt generation capacity are now stalled at the final stage of inking power purchase agreements (PPAs) with a state power agency. Sources say with initial government consent before the August changeover, the private entrepreneurs were about to enter into PPAs with state-run Bangladesh...

Apparel workers again on strike for pay hike

Garment workers in Ashulia and Gazipur industrial belts are out on strike again as they blocked highways on Sunday over a number of demands, including wage hike, sources said.The latest spell of commotion came with a week's let-up after their protests continued for more than two weeks in August, leading...

Remittance inflow at $1.63b in 21 days of Sept

The inflow of remittance continues rising as Bangladesh received $1.63 billion in the first 21 days of this month (September), which is $300 million higher than the whole September's count last year.The upward trend of wage earners remittance raised the hope among the central bankers who are expecting the inflow...

Permission granted ‘at India's request’

Bangladesh's commerce ministry has granted permission for hilsa export to India at a special request from the Indian government on occasion of the Durga Puja.Fisheries and livestock adviser Farida Akhter made this statement in response to questions from journalists during a meeting at the secretariat on Sunday."The commerce ministry has...

Artificial ornaments are in great demand as gold prices have gone into the stratosphere

Artificial ornaments are in great demand as gold prices have gone into the stratosphere these days. The snap shows customers browsing gaudy, cheap imitation of the real thing in the capital's Chawkbazar area on Sunday. — FE Photo by Asad-Uz-Zaman