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

Indian LoC projects in limbo after uprising

Bangladesh is in a quandary with the Indian Line of Credit (LoC)-funded projects as the contractors and workmen who deserted sites after the fall of past government have yet to join duty despite security assurances, insiders said.Slow fund release by the lender has also affected the project works over the...

BNP seeks election roadmap, new EC based on political consensus

Bangladesh Nationalist Party (BNP) on Saturday called upon the Chief Adviser to interim government, Prof Muhammad Yunus, to announce a roadmap of the election along with the formation of a new election commission based on the consensus of major political parties.BNP secretary general Mirza Fakhrul Islam Alamgir informed it to...

Foolproof security measures taken for Durga Puja: Army Chief

Waker-Uz-Zaman The Bangladesh Army has made comprehensive preparations to ensure the safety of all during the Durga Puja celebrations, the largest festival of the Hindu community in Bangladesh, while maintaining law and order, reports UNB. Chief of Army Staff General Waker-Uz-Zaman made the remarks during his visit to Dhakeshwari National...

$10.21m arrears in RMG sector

A total of 36 local ready-made garment (RMG) exporters on Saturday threatened to take legal action against Expo Freight Limited (EFL), which allegedly will fail to pay $10.21 million in arrears within the next 15 days.EFL is legally responsible to pay the arrears to local suppliers, as it handled the...

Five more die of dengue -----

Five more deaths were reported from dengue in 24 hours till Saturday morning, bringing the total fatalities from the mosquito-borne disease in Bangladesh to 182 this year, reports UNB.During this period, 927 more patients were hospitalised with viral fever, according to the Directorate General of Health Services (DGHS).Of the latest...

Former president B Chowdhury passes away

Former President and veteran politician Dr AQM Badruddoza Chowdhury passed away at a hospital in the capital early Saturday. He was 94.B Chowdhury, who was admitted to Uttara Women's Medical College Hospital on Wednesday with lung infection, breathed his last around 3:15 am, said his daughter Dr Shayla Chowdhury, reports...

Govt to redesign Taka notes without image of Sheikh Mujibur Rahman

The interim government of Bangladesh has announced a significant redesign of the country's currency, starting with the Tk 20, Tk 100, Tk 500, and Tk 1000 denominations. Notably, the new notes will no longer feature the image of Sheikh Mujibur Rahman.The Ministry of Finance and Bangladesh Bank confirmed the decision,...

Both parties file for int'l arbitration

The disagreement among partners over share of the first Dhaka Elevated Expressway (DEE) is yet to be resolved as both parties have gone to international arbitration for justice.The Italian-Thailand Development Public Company (ITD) as the key builder and two other Chinese companies as its partners lodged complaints with the Singapore...

DB chief vows to end 'Aina Ghar' culture

Rezaul Karim Mallick, Additional Commissioner of the Dhaka Metropolitan Police's Detective Branch (DB), made a firm pledge on Saturday to transform the DB office into a place of trust for victims, free from any undue privilege or misconduct, reports UNB. He vowed that there will be no "Aina Ghar" or...