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

PM focuses on edn, skilled workforce in post-ldc era

Prime Minister Sheikh Hasina said on Sunday the government committed to sustain Bangladesh's recognition as a developing country through the expansion of education and building a skilled workforce and worthy citizens, reports UNB. "Bangladesh today is a developing country. We've to maintain the recognition we've got, and for that we...

BNP, police clash in front of Press Club: 35 hurt

At least 35 persons, including journalists were injured following a brutal clash between police and BNP activists in front of the National Press Club (NPC) in Dhaka on Sunday morning. The clash occurred around 11:00 am when the activists of BNP and its student wing Jatiyatabadi Chaatra Dal (JCD) held...

Draw up 5-yr transition plan

Eminent economist Dr Debapriya Bhattacharya on Sunday recommended that the government draw up a robust LDC transition strategy for next five years and beyond."With a view to ensure inclusive development-underpinned by growth of investment, employment and income-building of productive capacity should be the fundamental and core priority in Bangladesh context,"...

MNOs can't import, install DWDM for leased network

Mobile Network Operators (MNOs) will no longer be able to import and install dense wavelength division multiplexing (DWDM) equipment for the fiber optic network, leased from National Telecommunication Transmission Networks (NTTNs) or other entities.The decision was taken at 245th commission meeting in January, which was approved on Sunday, according to...

Uttara-Agargaon metro rail visible

The metro rail line from Uttara to Agargaon has become visible after installation of the last viaduct at Agargaon on Sunday. Out of the total 20.1 kilometres Mass Rapid Transit Line (MRT-6), 11.73 km is now visible. The last viaduct was installed between the piers 375 and 376.On the occasion...

All know how much judiciary is independent: Justice Haider

Justice Mirza Hussain Haider, a judge of the Appellate Division of the Supreme Court, in his farewell speech on Sunday questioned the independence of the judiciary. "The judiciary is constitutionally independent, but actually it is known to all how much the judiciary is independent," he said in his online farewell...

Writ seeks commission to probe cop conduct

A writ petition has been filed on Sunday with the High Court seeking its directives upon the respondents to constitute an 'Independent Police Complaint Investigation Commission' to probe into the allegations against the members of the law enforcing agencies including the police who are committing crimes.A total of 102 Supreme...

18 killed in Myanmar on bloodiest day of protests

Myanmar police fired on protesters on Sunday in the bloodiest day of weeks of demonstrations against a military coup and at least 18 people were killed and several wounded, political and medical sources and media said, reports Reuters.Myanmar has been in chaos since the army seized power and detained elected...

Daily infection rate drops to 2.87pc in BD

After an increase in the Covid-19 infection rate for two days, the daily test positivity rate came down to less than 3.0 per cent on Sunday, the official data showed.In the last 24 hours ending on Sunday morning, a total of 385 people tested positive from medical screening of 13,566...

Cases cross 114m as 236m inoculated worldwide

Amid concern over the new variants of Covid-19, the global Covid-19 cases surpassed 114 million despite widespread vaccination, report agencies.The global caseload reached 114,438,625 while the death toll 2,538,697 as of Sunday, according to data compiled by Worldometers.So far 236.59 million vaccine shots were given worldwide in 103 countries, according...

BB asks NBFIs to ensure proper loan utilisation

The Bangladesh Bank (BB) has asked the non-bank financial institutions (NBFIs) for ensuring proper utilisation of loan/lease/investment funds, sanctioned by them.The BB's Department of Financial Institutions and Market, in a circular - issued on Sunday, urged the NBFIs to ensure proper utilisaiton of their loans, so that the clients concerned...

BD rice output less by 1.05m tonnes

Bangladesh's rice production has been estimated less by 1.05 million tonnes in the current marketing year than that of last year, according to the United States Department of Agriculture (USDA).The USDA has projected Bangladesh's total rice output to be 34.05 million tonnes for the 2020-2021 marketing year compared to 35.85...

BNP to boycott UP polls

After contesting in the ongoing municipal polls, the BNP has decided not to nominate candidates in the upcoming union council elections, reports bdnews24.com.Secretary General Mirza Fakhrul Islam Alamgir announced the decision by the party's National Standing Committee on Sunday, citing "continued biasness of the authorities in elections".The BNP boycotted the...