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

Govt to slash tariffs of 6 state power plants

Power tariffs of half a dozen of the state-owned power plants are set to be cut years after initiation of their commercial operations, said sources.The proposed new tariffs are expected to get approved by the Advisors Council Committee on Economic Affairs as state-run Bangladesh Power Development Board (BPDB), the lone...

Government issues PPR 2025

Making the electronic government procurement (e-GP) compulsory for all public agencies, the government on September 28 issued the Public Procurement Rules (PPR) 2025, replacing the 2008 version.It has also removed the ±10 per cent price cap on work procurement, which existed in the PPR 2008.The government agencies currently functioning outside...

Commission awaits last-minute political consensus

The National Consensus Commission is scheduled to meet political parties October 5 in what could be a decisive sitting to settle how the July Charter will be implemented. With little progress made since the last adjourned meeting in September, the Commission is banking on last-minute consensus before its tenure ends...

Govt cautious about taking fresh loans: Salehuddin

The government would pursue a "cautious stance" on obtaining foreign loans amid the significant rise in total external debts, Finance Adviser Dr Salehuddin Ahmed said Tuesday."This year, we are very cautious about taking new loans," he told a group of reporters at his Bangladesh Secretariat office. His comment came after...

BDBL seeks Tk 50b from govt to help support its operations

The state-run Bangladesh Development Bank PLC (BDBL) has sought Tk 50 billion as financial support from the government to help expand its overall operations, sources said.Managing Director and CEO Md. Jashim Uddin in a letter made such a request to the Finance Adviser, aiming to boost the bank's investment, widen...

Body formed to investigate Khagrachhari unrest

The Khagrachhari district administration has formed a five-member committee to investigate the deadly violence in Guimara Upazila.Deputy Commissioner ABM Iftekharul Islam Khandaker announced the decision on Tuesday afternoon while inspecting the areas affected by the violence, reports bdnews24.com.During his visit, Iftekharul spoke with residents who suffered and listened to their...