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

Gazipur, Betbunia groundstations receive Bangabandhu-1 test signal

FLORIDA, May 12 (UNB): Minister for ICT Junaid Ahmed Palak has confirmed that following the successful deployment to geostationary orbit of the country's first communications satellite, the Bangabandhu-1, local groundstations in Gazipur and Betbunia have successfully received initial test signals from it.To deploy it in geostationary orbit, SpaceX separated Bangabandhu-1...

Quota protesters enforce two-hour strike at colleges, univs today

Quota protesters will observe a two-hour strike in all colleges and universities across the country today (Sunday) as their 24-hour ultimatum to the government for publishing a gazette abolishing quota system expired on Thursday, reports UNB.Bangladesh General Students' Rights Protection Alliance convener Hasan Al Mamun came up on Saturday with...

Drive against illegal gas connections starts today

FE ReportThe government has announced 'tougher' move against illegal gas connections from today (Sunday) as it has determined not to approve future connections to any clients if found illegally connected.Illegal gas connections would permanently be disconnected apart from taking legal actions against the fraudulent acts.State-owned Petrobangla announced the move Thursday...

Govt to review savings tools' rates : Muhith

The government is going to review the existing yield rates on savings certificates after the next national budget, Finance Minister AMA Muhith said Saturday. "Ideally, the yield rates on savings certificate should be just a bit higher than the market rates. But now, those have become too high", he said."So...

WB, ADB likely to give Rohingya grants after government push

FHM Humayan KabirThe World Bank (WB) and the Asian Development (ADB) are likely to provide grants for Rohingya rehabilitation as they have given second-thought to their lending decisions, officials said Saturday.Officials at the Economic Relations Division (ERD) said that a World Bank mission has started working with the government agencies...

A K Chowdhury passes away

A K Chowdhury FCA, a valiant freedom fighter & Adviser to the Interim Mujib Nagar Government of 1971 and Managing Partner of Hoda Vasi Chowdhury & Co. breathed his last Saturday at Apollo Hospital, Dhaka (Innalillahe .... Rajeun). He was 78.The Founder Council Member & Past President of the Institute...