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

Spl body formed to take stock of ICT programmes

A nine-member committee has been formed to review the development projects, procurement plans, and programmes implemented by the ICT Division and its subsidiaries over the past 15 years (2009-2024). Information and Communication Technology (ICT) Division Additional Secretary Mahbubur Rahman heads the special body while Deputy Secretary (Planning and Development) of...

Maintain confidence in banking sector

The Governor of Bangladesh Bank, Dr. Ahsan H Mansur, has urged the public to maintain confidence in the nation's banking sector, highlighting significant ongoing reforms aimed at stabilizing and improving financial institutions, reports UNB.In a message sent directly to the mobile phones of bank customers on Thursday, Dr. Mansur emphasized...

Incentives for expats

Bangladeshis working abroad will be provided with incentives, in case of death or injuries, against their compensations from employers or respective insurance companies.The incentives will be given at the existing rate, according to a circular, issued by Bangladesh Bank on Thursday.Besides, the existing 2.5 per cent incentives will also be...

Rice procurement almost achieved

The government has almost achieved its rice-procurement target this Boro season that started in May and ended on August 31.The government had a target to purchase 1.1 million tonnes of parboiled and 0.1 million tonnes of white atap rice.It has also an aim to buy 0.5 million tonnes of paddy...

Ex-DG of DGFI terminated, 3 army officers sent on forced retirement

Three senior officers of Bangladesh Army were sent on forced retirement on Tuesday.Moreover, another officer, Lieutenant General Md Mujibur Rahman, who was posted at Mymensingh Cantonment, has been terminated, reports UNB.Those sent on retirement are Lieutenant Generals Md Saiful Alam, Ahammad Tabrez Shams Chowdhury and Major General Hamidul Haque.Of them,...

Bangladesh sees embedded finance industry boom

Bangladesh sees a boom of embedded finance industry, with a projected annual growth of 28.5 per cent to a market size of US$817.1 million by 2024.This expansion is closely linked to the rise of e-commerce companies, supported by comprehensive sector analysis across key segments such as embedded lending, insurance, payments,...

Traffic get stuck causing chaos on the busy road in front of Jatrabari Kitchen

Traffic get stuck causing chaos on the busy road in front of Jatrabari Kitchen Market adjacent to Mohammad Hanif Flyover in the capital as different vehicles and makeshift shops are kept there, occupying most part of the way. — FE photo

Ivy, 2 MPs to face ACC enquiry into graft allegations

The Anti-Corruption Commission (ACC) has initiated an enquiry into allegations of corruption against former mayor of Narayanganj City Corporation Dr Selina Hayat Ivy and former lawmakers Ayesha Ferdaus and Ranajit Kumar Roy.ACC Deputy Director Md Akhtarul Islam has confirmed the news of the enquiry.Following Ivy's election as mayor, she reportedly...

Govt forms Foundation to support families of July martyrs

The government on Thursday formed a foundation called the 'July Shaheed Smriti Foundation' to provide support for the family members of the martyrs who lost their lives during the student-led movement in July."A seven-member committee was formed for the foundation with Chief Adviser Dr Muhammad Yunus as the President. Mir...

Another murder case filed against Sheikh Hasina

Another case was filed today against ousted prime minister Sheikh Hasina and six others for allegedly attempting to murder former BNP lawmaker Nazim Uddin Alam in 2012.The other accused in the case are- Mohiuddin Khan Alamgir, Abdullah Al Islam Jacob, Hasan Mahmud Khandaker, SM Mahfuzul Haque Nuruzzaman, Habibur Rahman and...