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

New rules to run GB soon: Muhith

FE Report The government is working out new rules for a resurrected Grameen Bank (GB) to run in a new style, abolishing weekly loan-repayment system, said Muhith. "I have already commissioned some people to look into how to make new rules for the bank," the finance minister told reporters Sunday...

Living cost in city up 6.47pc in 2016

The cost of living in the capital has increased by 6.47 per cent in 2016 due to increase in costs of various commodities and services, according to a report of Consumers Association of Bangladesh (CAB). The rise in the living cost in the just concluded calendar year was 0.09 percentage...

Govt extends deadline by three more months

The government will not allow tanners to bring rawhide and process wet blue skin at Hazaribagh after January 31. It has also extended the deadline until March 31, 2017 for relocation of the tanneries from the city's Hazaribagh area to Savar in Dhaka. However, crushed and finished leathers' processing could...

Shooter murders 11 before killing self

A gunman stormed a house party and killed at least 11 people and himself during New Year celebrations in the south-eastern Brazilian city of Campinas late on Saturday, reports Reuters. Police in the state of São Paulo said the shooter was believed to have been angry over a separation from...

BR signs deal on Padma bridge rail link consultancy

Bangladesh Railway (BR) entered Sunday a deal with the firm Construction Supervision Consultant (CSC) for the Padma bridge railway link project, reports BSS. Bangladesh Army and the Bureau of Research, Testing and Consultation (BRTC) of Bangladesh University of Engineering and Technology (BUET) jointly formed the CSC. Project Director of the...

Quader blames fundamentalists for Liton murder

Awami League General Secretary and Road Transport and Bridges Minister Obaidul Quader said on Sunday that fundamentalists killed lawmaker Monjurul Islam Liton in a planned way, reports BSS. He made this remark at a press briefing after the presidium meeting of the party at Awami League President Sheikh Hasina's political...

Guterres replaces Ban as new UN chief

UNITED NATIONS, Jan 1 (AFP):The new United Nations chief Antonio Guterres said Sunday he would like to make 2017 a year to "put peace first," in a message heralding the new year and marking his first day as the world body's chief. The former Portuguese prime minister, 67, took over...