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

Smart electricity meters lie idle

Around 0.4 million smart pre-payment meters imported under Dhaka Power Distribution Company's (DPDC) long-delayed smart-metering project are lying idle in warehouses, raising concerns about possible technical deterioration and inefficient use of public funds.Nearly eight years after the project was approved in 2018 with an initial estimated cost of Tk 6.58...

Interim govt pushes thru 116 ordinances, 14 foreign deals

The interim government has pushed through 116 ordinances and 14 bilateral agreements in its bid for stabilising governance and executing systemic reforms.The figures were presented Thursday at a meeting of the council of advisers, according to the chief adviser's press secretary, Shafiqul Alam, now that the post-uprising regime nears its...

BB mops up dollars as remittances rise

The central bank purchased a further US$196.50 million through auction from 16 banks on the interbank spot market on Thursday, aiming to keep the exchange rate of the US dollar against the local currency stable.The amount was bought under the Multiple Price Auction method, with the cut-off rate set at...

Army deploys max troops to restore voters' confidence

Army Headquarters on Thursday said around 100,000 army personnel have been deployed across the country to ensure a free, fair and uninterrupted environment for the national elections, with the key objective of restoring voters' confidence, reports UNB.Director of the Military Operations Directorate at Army Headquarters Brig Gen Dewan Mohammad Monzur...

BD-US trade deal now on Feb 08

Bangladesh and the United States are poised to open a new chapter in bilateral trade relations as they are set to sign an agreement to this effect on February 08, officials said.The signing ceremony was scheduled for February 09. When the deal is penned, it will mark the culmination of...

New govt should prioritise primary healthcare, UHC

Public health experts have suggested the upcoming elected government prioritise primary healthcare services and universal health coverage (UHC) as the health-sector reform commission formed by the interim government dissatisfied them. They made the suggestion at a policy dialogue titled "Priority Health Reform Action Agenda: Bangladesh Road to Universal Health Coverage"...

Editors' Council urges protection of journalists covering election

The Editors' Council has urged the authorities and political parties to ensure the safety of journalists covering the upcoming elections.In a statement issued on Thursday, the council said journalists face a range of risks while gathering and disseminating news during election periods, and that ensuring their safety and security in...

Reform delays frustrate central bank officers

Bangladesh Bank (BB) officers have expressed frustration over no visible progress in two key financial-sector reforms - the proposed amendment to the Bangladesh Bank Order 1972 and the Bank Company Act.Like many others, members of the BB Officers' Welfare Council thought the post-uprising interim government, which committed to bringing fundamental...