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

Play historic role in nat’l elections, referendum

Chief Advisor Muhammad Yunus has called on members of the armed forces to play a "historic" role in the national election and referendum scheduled for February, reports bdnews24.com.He also praised the forces' contribution to national security, progress, nation-building, and their steadfast presence beside citizens during moments of crisis, the state-owned...

Govt set to slash mobile phone import duty to curb illegal mkt

The government has initiated a major move to cut import duty on mobile handsets, aiming to lower consumer prices and curb the influx of illegal, cloned and refurbished devices.The decision came from a high-level coordination meeting held on Monday at the office of Faiz Ahmad Taiyeb, Special Assistant in charge...

New MPPA framework set to transform renewables

Experts and sector insiders at a discussion on Wednesday said the imminent Merchant Power Purchase Agreement (MPPA) framework would transform how industries in Bangladesh procure renewable energy.The possible transition of the renewable energy sector would also help Bangladesh prepare for its LDC graduation and its energy policy strategy, according to...

Sk Bashir slams traders for raising prices at whim

Commerce Adviser Sk Bashir Uddin on Wednesday came down heavily on traders for raising edible oil prices without having prior approval from the government.He also warned the traders concerned of taking action upon their failure to justify the price hike."…the way traders have increased edible oil prices in the market...

ACC pushes back at criticism over Tulip conviction

The Anti-Corruption Commission (ACC) on Wednesday issued a detailed response to concerns raised over the trial and sentencing of Tulip Siddiq, daughter of Sheikh Rehana and niece of former prime minister Sheikh Hasina, insisting that her conviction was based on extensive evidence and a lawful process.The ACC said it had...

CPA calls for appointing admin to curb infighting

CHATTOGRAM, Dec 03: The Chittagong Port Authority (CPA) has requested the Ministry of Shipping to appoint an administrator to run the Bangladesh Ship Handling and Berth Operators Association, citing escalating infighting that is disrupting cargo handling at the outer anchorage.The request has triggered a strong pushback from the association's leaders,...

Writ seeks stay on next national election activities

A writ petition has been filed with the High Court (HC) seeking a stay on all further proceedings related to holding the upcoming 13th national election.The petition was lodged on Wednesday by Md Earul Islam, secretary general of Bangladesh Congress, a registered political party. Mr Earul, also a Supreme Court...

Tetulia continues to witness lowest temperature

Tetulia continued to record the lowest temperature of the day at 11.1 degrees Celsius today, while the Bangladesh Meteorological Department (BMD) has forecast generally dry weather with temporarily partly cloudy skies over most parts of the country during the next 24 hours, beginning at 9:00 am, reports BSS.The previous day,...

Students of 7 colleges block city road seeking univ ordinance

Students of seven government colleges in Dhaka blocked a major road in the capital on Wednesday, urging the government to issue the final ordinance for the proposed Dhaka Central University.The agitation began around 2:20pm when students put up a barricade in front of Dhaka College, leading to severe traffic congestion...