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

'Fund scarcity serious threat to handling Rohingya crisis'

Acute fund shortage poses serious threat to providing humanitarian response to over one million Rohingya refugees, as at present only around 15 per cent fund is available against the required US$ 951 million for the process.The international agencies, engaged in providing humanitarian services to the Rohingyas, expressed their frustration over...

FDI to get top priority in next budget, says M Kamal

Planning Minister AHM Mustafa Kamal expressed the hope Monday that foreign direct investment (FDI) worth US$7.0-$8.0 billion would flow into the country within next couple of years."Power and gas supply crunch has hit hard the inflow of investment into Bangladesh over the years. Now their supply has stabilised. So, FDI...

Commercial courts will be set up to attract FDI

The Law Commission-Bangladesh has taken a move to establish commercial courts aiming to attract foreign direct investment (FDI) for resolving disputes on trade, commerce and banking promptly.This was disclosed at a meeting between high-ups of Bangladesh Bank (BB) and Law Commission-Bangladesh, held at the central bank headquarters in the city...

Three-fourths of BD workers employed in vulnerable jobs

About 75.2 per cent workers of Bangladesh's total labour force are employed in vulnerable jobs and the majority of them have own-account status, according to the latest International Labour Organization (ILO) report. The new ILO report titled 'World Employment and Social Outlook 2018: Greening with Jobs' launched Monday defines workers...

Unipec, ENOC may supply up to 1.52 mt of petro products

Unipec Singapore and Emirates National Oil Company (ENOC) may supply up to 1.52 million tonne (mt) of diesel, jet fuel, furnace oil and octane combined during July to December of this calendar year under open tendering as the Bangladesh Petroleum Corporation (BPC) approved their bids recently.The volume of petroleum product...

SC decision on Khaleda’s bail today

The Appellate Division will deliver its order today (Tuesday) on two leave-to-appeal petitions filed challenging BNP Chairperson Khaleda Zia's bail granted by the High Court in the Zia Orphanage Trust graft case, reports UNB.Earlier, on May 9, a four-member Appellate Division bench, led by Chief Justice Syed Mahmud Hossain, fixed...

Suicide bombing at Indonesia police hqs

A suicide bombing at a police headquarters in the Indonesian city of Surabaya on Monday was carried out by a family of five riding on two motorbikes, police say, reports BBC.It came after another family carried out bomb attacks on three churches on Sunday. Police blamed an Islamic State-inspired network.An...

Come Ramadan, traders roll sleeves

Countdown to the holy month of Ramadan has begun and Muslims around the world are waiting to fulfil their annual religious obligation. In our country too, like every other year, the practice is well noticeable with people grooming up such obligations. However, many traders seem to be on their toes...

Govt renames forest and environment ministry

The government has renamed the Ministry of Environment and Forest as the Ministry of Environment, Forest and Climate Change, reports UNB.The Cabinet approved on Monday a proposal for changing the name of the ministry incorporating the words 'Climate Change.The approval came at the Cabinet's weekly meeting held at Bangladesh Secretariat...