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

Vested quarters provoked WB to cancel PBP funding: PM

Prime Minister Sheikh Hasina alleged on Sunday that the World Bank cancelled its funding in the Padma Bridge project (PBP) being provoked by the United States and a vested quarter in the country. "The World Bank cancelled the fund being provoked by a vested quarter from the country and America,"...

WB agrees to finance $250m BRT line-3 project

The World Bank (WB) has in principle agreed to finance in the country's third mass transport project to establish 20-kilometre bus rapid transit (BRT) lane for running buses in dedicated lane from Airport to Jhilmil project area. After a meeting with the WB mission last week, officials of the Dhaka...

Illegal SIM used to mint money thru VoIP

Telecom operators and internet-service providers have proposed building up a central database for suspected mobile SIM cards to detect illegal VoIP (voice over internet protocol) call terminations that reportedly fetched fortunes for many in the business. The proposal on SIM (Subscriber Identification Module) database came at a meeting with the...

Shakib denies threatening to quit Tests, ODIs

Bangladeshi famed all-rounder Shakib Al Hasan has denied having made any threat to quit Tests and ODI for Bangladesh, reports UNB. He made the remarks while talking to reporters at the Shahjalal International Airport Sunday on his return from London. He apologised to coach Chandika Hathurusingha for spat over his...

FBCCI steps in to contain brinjal prices

The country's apex trade body stepped in Sunday to contain the prices of brinjal following its abrupt hike in the kitchen markets as the mechanism taken by the government to rein in prices failed to work, disappointing consumers, customers said. The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI)...

Nahid questions basis of TIB report on pvt varsities

Terming the TIB report on private universities 'immature, incomplete and baseless', Education Minister Nurul Islam Nahid said Sunday said the government would seek information from the TIB on what basis they prepared the research report, reports UNB. He came up with the remarks while talking to reporters after a meeting...