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

Power supply erratic despite increased coverage: Nasrul

The power and energy sector has attracted investments of US$ 18-20 billion over the past decade, helping the country to attain 'astonishing' development, Prime Minister's energy adviser Dr Tawfiq-e-Elahi Chowdhury said Wednesday.He said the development in the power and energy sector has been possible because of the visionary leadership of...

EC to meet on Nov 03 to set election date

The Election Commission is scheduled to meet on November 03 to finalise the date for the 11th parliamentary election, reports bdnews24.com.Chief Election Commissioner KM Nurul Huda will announce the election date on the state-run BTV and radio.But officials did not disclose when Huda would speak on TV and radio.An inter-ministerial...

HC order blocks political future of Khaleda, Tarique

The High Court has directed the Election Commission not to accept a proposed amendment to the BNP's constitution, report agencies.A HC bench of Justice Md Ashfaqul Islam and Justice Mohammad Ali passed the order asking the Election Commission not to accept the amended Article 7 of BNP's constitution.The Section 7...

2,000 Rohingya to return in first batch: Myanmar

COX'S BAZAR, Oct 31: The Rohingya refugee repatriation process would start in mid-November, said Myint Thu, Myanmar's Foreign Secretary talking to reporters in the Kutupalong refugee camp of Ukhia upazila of the district on Wednesday noon.The Myanmar foreign secretary made the comment during the Bangladesh-Myanmar Joint Working Group delegation's visit...

Summit LNG gets tax waiver for 15 years

National Board of Revenue (NBR) has offered a set of tax benefits to Summit LNG Terminal Co (Pvt) Ltd, including tax waiver for 15 years on its income.The company will also enjoy tax exemption on interest amount of foreign loan, royalties, technical know-how fees, and technical assistance fees for the...

EVMs in polls: President signs ordinance

The government has cleared the path for use of electronic voting machines or EVMs alongside ballot papers in general elections amid opposition from some political groups as the parliamentary polls looms large, reports bdnews24.com.President Md Abdul Hamid signed an ordinance on Wednesday, bringing changes to the Representation of the People...

Muhith to contest next elections

Finance minister AMA Muhih made on Wednesday indicated contesting the next general elections, but said his participation will depend on the Awami League president Sheikh Hasina's decision."I always said the ultimate decision is of Sheikh Hasina," he told reporters at his secretariat office. "Whatever I say, it will never be...

Draft voter list for DUCSU, hall union polls out

Dhaka University on Wednesday published a draft voter list for the upcoming Dhaka University Central Students Union (DUCSU) and hall union elections at Abdul Matin Chowdhury Digital Classroom adjacent to the Vice Chancellor's Office around noon.Vice-Chancellor (VC) Professor Dr Md Akhtaruzzaman published the draft voter list at 12:00 pm. At...

‘Gunfights’ kill three in two dists

Three suspected drug traders and an alleged robber were killed in separate incidents of reported gunfights in Kushtia and Mymensingh districts early Wednesday, reports UNB. In Kushtia, two suspected drug traders were killed in separate incidents of reported gunfights between two groups of criminals in Sadar and Doulatpur upazilas early...

Lanka AG refuses to endorse sacking of PM

COLOMBO, Oct 31 (AFP): Sri Lanka's attorney general refused Wednesday to endorse the president's dismissal of the prime minister for a former strongman accused of rights abuses, the strongest sign yet the move may be unconstitutional.The country has been locked in a tense standoff between two rivals claiming to head...

Seven extremists held in Lalmonirhat

LALMONIRHAT, Oct 31 (BSS): Rapid Action Battalion (RAB) here today said they overnight arrested seven suspected members of banned Ansarullah Bangla Team (ABT) and Jammatul Mujahideen Bangladesh (JMB) in two separate drives in Patgram and Kaliganj of the district.RAB-13 commanding officer Mojammel Haque said a team of their force first...

A procession was taken out in Faridpur

A procession was taken out in Faridpur on Wednesday marking National Sanitation Month-2018 — Focus Bangla