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

Govt working to keep economy moving amid pandemic: PM

Prime Minister Sheikh Hasina Saturday said her government has been tirelessly working to face the Covid-19 pandemic and keep running the country's economy, reports BSS."We have been trying our best to do everything to face the pandemic and keep running the country's economy," she said in an introductory speech at...

Bapex moves to drill gas wells awarded to Niko

The government has moved to develop and drill the potential and 'abandoned' gas wells which were awarded to Canadian Niko Resources around a couple of decades back.State-run Bangladesh Petroleum Exploration and Production Company, or Bapex, will develop the wells to initiate natural gas production, energy secretary Md Anisur Rahman told...

BD-Bhutan PTA likely in Dec

A preferential trade agreement (PTA) between Bangladesh and Bhutan is expected to be signed in the victory month of December to boost bilateral trade.Bangladesh and Bhutan are good regional neighbours. Bhutan was the first country to recognise Bangladesh's independence.For this, Bangladesh's first PTA with Bhutan is likely to be signed...

BR plans to accommodate pending works in next 5YP

Bangladesh Railway (BR) has planned to accommodate thepending works of last five years in its upcoming five-year plan (5YP), sources said.It finalised 67 projects involving Tk 1.19 trillion to implement in the next five years.Officials said the state-owned train operator revised its plan commensurate with the government's different goals, including...

N'ganj court summons eight cops

NARAYANGANJ, Oct 03 (UNB): A Narayanganj court has summoned eight police officials after an allegedly 'abducted and murdered' man appeared before the court six years after the incident.The court of Senior Judicial Magistrate Aftabuzzaman passed the order on Friday.The young man named Mamun appeared in a court in Narayanganj Wednesday...

India's death toll passes 100,000 with no sign of an end

India's death toll from the novel coronavirus rose past 100,000 on Saturday, only the third country in the world to reach that bleak milestone, after the United States and Brazil, and its epidemic shows no sign of abating, report agency.Total deaths rose to 100,842, the health ministry said, while the...

Call for quick execution of youth policy

Speakers during a virtual discussion on Saturday laid emphasis on quick implementation of the youth policy to ensure youths' equal rights for the nation's balanced development.They also called for ensuring youths' equitable access to education, skills development, financial inclusion and participatory planning to this effect.The dialogue styled 'Implementing National Youth...

Flood situation in Ganges basin continues to remain steady

RAJSHAHI, Oct 3 (BSS): The overall flood situation in the Ganges basin remained steady for the last second consecutive day today as water level in its rivers and tributaries are fluctuating in last 24-hour ending Saturday morning after continuous rising for few days due to onrush of floodwater from upstream.Of...

HC upholds declaration of 3 Kakrail houses as abandoned properties

The rule of law and judicial corruption cannot go together, the High Court (HC) observed in a verdict.If the judicial officers and other employees are corrupt, then the rule of law will be confined to the books, it will never be materialised, the top court observed in the verdict that...

Taxmen's mindsets key barrier to NBR reform

Reforming the tax administration will be possible only if taxmen change theirorthodox mindsets and view taxpayers as 'clients,'business leaders and policy makers said on Saturday.They suggested a paradigm shift in the tax administration for a simple, equitable, transparent and accountable tax system. They made the suggestions at a virtual dialogue,...

Explosives Department to provide 18 types of services online

Bangladesh's Department of Explosives will provide a total of 18 types of services online. The Ministry of Power, Energy and Mineral Resources, with which the department is attached, announced this in a handout on Saturday.To provide the services online, the department organised a virtual workshop on the same day. State...