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

Govt moves to probe graft allegations over ADB-funded project

The interim government has taken steps to investigate alleged irregularities in the Capital Market Development Programme (CMDP), implemented by the Bangladesh Securities and Exchange Commission (BSEC), officials said.As part of the move, the Financial Institutions Division (FID) has formed a 3-member committee, headed by its joint secretary, to scrutinise the...

Pending part's work to resume soon

The hurdle to resuming the construction of the Dhaka Elevated Expressway's (DEE) unfinished part is expected to be over after nearly a year with the completion of the formalities of transferring all the shares of First Dhaka Elevated Expressway (FDEE) Company Limited, the investment company behind the project. The shares...

Officials abstain from work on day 1

Officials and employees of the National Board of Revenue (NBR) observed a pen-down strike on Wednesday as part of their three-day protest against a newly issued ordinance that abolished the Internal Resources Division (IRD) and split the NBR into two separate entities.Officials stayed in their offices on the first day...

BNP, JCD demand justice in DU student Shammo’s murder

The leaders and activists of Jatiotabadi Chatradal (JCD) on Wednesday held a protest rally on the Dhaka University campus where they demanded the resignation of the university's vice-chancellor and proctor.JCD leaders made this demand at a short rally in front of the university's VC's quarters after a protest march across...

Decision to ban import, production suspended for three months

The Bangladesh Telecommunication Regulatory Commission (BTRC) has suspended its decision to ban the import, production, and marketing of single-band Wi-Fi routers, granting a three-month grace period in public interest.In a circular issued recently, the Spectrum Division of the BTRC stated that the directive -- originally scheduled to take effect from...

GP sees network outage

Grameenphone, the country's leading mobile telecom operator, experienced a temporary network outage on Wednesday, disrupting 4G services and affecting mainly data usage and partly voice calls for a significant number of users.Customers began reporting issues shortly after 4:30 pm, noting difficulties with accessing the internet and making voice calls. The...

Israeli airstrikes in Gaza kill 60

DEIR AL-BALAH, Gaza Strip, May 14 (AP): At least 22 children were killed in Gaza early Wednesday in a punishing series of Israeli airstrikes across Gaza, according to local hospitals and health officials.The strikes killed at least 60 people in total, Gaza's Health Ministry reported, including almost 50 people around...