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

Demand for mutual funds continues to be at a low ebb

The market prices of around 90 per cent units of closed-end mutual funds (MFs) are below their face value as investors' participation in trading is thin.The prices of most of the funds have been below the face value for a long time, though many junk shares exhibited unusual spike.The regulator's...

Cabinet clears Companies Act

The cabinet has decided in principle to approve the draft Companies Act, keeping the provision, which would allow sole proprietorship entities to be registered companies.However, it has asked the authorities to review a few clauses where the draft law originally proposed eliminating the need for high court approvals for various...

BNP starts handover of nomination letters

BNP formally started handing over nomination letters to the candidates its board selected for contesting the forthcoming national election at its Chairperson's Gulshan office on Monday afternoon, report agencies.The BNP has given its initial approval to more than one candidate for most races in the election.BNP secretary general Mirza Fakhrul...

PPP Act up for amendment

Three years after its enactment, a move has been taken to amend the Public-Private Partnership (PPP) Act for incorporating a new concept in it facilitating government-to-government (G to G) investment initiatives.Sources said the amendment to the act had been necessary in the wake of an increase in the PPP Authority's...

We want violence-free election, says CEC

Chief Election Commissioner (CEC) KM Nurul Huda said on Monday they want to see violence and bloodshed-free parliamentary polls slated for December 30. "We want to see an election which will be free from violence and bloodshed," he told the media after a training session (orientation) for executive magistrates at...

News Watch- (27-11-2018)

Six seats picked for EVM useElectronic voting machines (EVMs) will be used in Dhaka-6 and 13, Chattogram-9, Rangpur-3, Khulna-2 and Satkhira-2 constituencies in the forthcoming general election as picked by the Election Commission. The Commission chose the six parliamentary seats out of 48 at around 5.00pm on Monday through an...