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

B’desh seeks additional OFID funds to meet cost-overruns

Bangladesh is set to sign loan deals for US$ 60 million additional OFID funds for financing "unforeseen" cost-overruns of two major infrastructure projects, officials said. Under the deals, the money coming from the OPEC Fund for International Development (OFID) will be apportioned into US$ 30 million worth of loan as...

Judges’ disciplinary rules: SC accepts gazette notification

The Appellate Division of the Supreme Court accepted on Wednesday the gazette notification on the disciplinary rules for lower court judges, reports UNB.A five-member Appellate Division bench, led by acting Chief Justice Abdul Wahhab Miah, granted the disciplinary rules citing that the government issued the gazette giving primacy to the...

India drops Pakistan from Saarc initiative

NEW DELHI: India has excluded Pakistan from the list of Saarc member countries with which it will be connecting its state-of-theart National Knowledge Network (NKN) for sharing scientific databases and remote access to advanced research facilities, according to a report publish in the Economic Times of India. The government has...

Mosharraf Hossain Bhuiyan becomes new NBR chief

The government appointed on Wednesday former industries secretary Md Mosharraf Hossain Bhuiyan senior secretary of the Internal Resources Division (IRD) and chairman of the National Board of Revenue (NBR). He will serve on a contractual basis for two years with effect from the date of his appointment. In a circular...

Govt guarantees $200m ITFC loans to finance fuel oil import

The government has issued counter-guarantees worth U$S 200 million against ITFC loans to finance fuel oil import, officials said.The Islamic Trade Finance Corporation (ITFC) will provide state-owned Bangladesh Petroleum Corporation (BPC) with three separate loans -- US$ 50 million, $ 50 million and $ 100 million - to import the...

ACC approves charge sheet against sacked DMD of Basic Bank

The national anti-graft agency on Wednesday approved charge sheet of a case against state-owned Basic Bank Ltd's sacked deputy managing director (DMD) A Monayem Khan over allegation of gaining Tk 7.05 million from unknown sources.The Anti-Corruption Commission (ACC) on its investigation found information of Tk 21,185,567 worth of wealth and...

Ctg industries to get LNG connections in May

CHITTAGONG, Jan 03: Chittagong industries are set finally to get gas connections in the second half of this calendar year after remaining suspended for over nine years.In the first phase, 101 industrial units and five captive power plants will get gas connection, concerned sources in the Karnaphuli Gas Distribution Co....

Entry into centres 30 minutes before SSC exams must

The SSC examinees must reach the centres half an hour before the tests or else they will be barred from taking the examinations, the education ministry says, reports bdnews24.com.The ministry has come up with the rule in a bid to stop question leaks which tainted the Junior School Certificate and...

Law Minister hands over a book on compilation of laws to Prime Minister

Law Minister Anisul Haq hands over a book on compilation of laws to Prime Minister Sheikh Hasina at the cabinet meeting at the Prime Minister’s Office in Dhaka on Wednesday. — Focus Bangla

BNP now wants to hold rally at Nayapaltan

BNP urged the government on Wednesday to allow the party to hold its planned rally at Nayapaltan on Friday as a venue alternative to Suhrawardy Udyan, reports UNB.Speaking at a press briefing at BNP's Nayapaltan central office, party senior joint secretary general Ruhul Kabir Rizvi said they have sought a...

Nateshwar holds prospect of emerging as a world heritage site

MUNSHIGANJ, Jan 3 (UNB): Nateshwar excavation area of Vikrampura Buddhist archeological location has all the potentials to emerge as another world heritage site in Bangladesh.It has got a unique combination of religious and culturally-important structures, a centerpiece of ancient Bengal and the very location of the site is close by...