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

Major govt investment sought to fix Dhaka's road transport

Sector insiders and experts have called for a major government investment in the capital's road transport as the authorities' call to remove old buses from the roads has received little response from owners.Several hundred old and unfit buses still ply the roads in Dhaka, raising passenger-safety concerns and causing severe...

WB approves $270m for Bangladesh

The World Bank's Board of Executive Directors has approved $270-million financing to bolster Bangladesh's flood recovery efforts and enhance its resilience to future disasters.The programmes include support for constructing and rehabilitating critical infrastructure, strengthening agricultural systems, and improving livelihoods in the areas devastated by the August 2024 floods.The Bangladesh Sustainable...

Bangladesh must prepare strategically, say experts

As Bangladesh is scheduled to graduate from the least-developed country (LDC) status in 2026, businesses and trade experts on Thursday stressed the urgent need for strategic preparation to overcome the post-graduation challenges. With the impending loss of duty-free market access, GSP benefits, and other trade incentives, they emphasised that Bangladesh...

JCD stages protest on DU campus

The leaders and activists of Jatiyatabadi Chhatra Dal (JCD) on Thursday observed a full-day strike rejecting the Dhaka University administration's half-day mourning programme on the murder of DU student and JCD activist Shahriar Alam Shammo. Shammo, who was stabbed to death on Tuesday night, was laid to rest at his...

JnU protesters declare university shutdown

The demonstrating teachers and students of Jagannath University (JnU) announced a shutdown of the university's activities on Thursday to press home their three-point-demand.Prof. Rais Uddin, general secretary of the Jagannath University Teachers' Association, made the announcement during their sit-in protest in front of the Kakrail Mosque in the capital. "We...

NBR staffers make 3-point demand

Agitating officials and staff members of the National Board of Revenue (NBR) have made a three-point demanded including immediate cancellation of the gazette notification that bifurcated the NBR into two divisions.Their other demands include making the report of the advisory committee on revenue system reforms public and bringing about a...

Planting of eucalyptus, akashmoni banned

The government has banned the planting, collection and sales of eucalyptus and akashmoni saplings to protect the environment, ecosystems and biodiversity in the country. To this effect, the Forest-1 Wing of the Ministry of Environment, Forest and Climate Change issued an official notification on Thursday.According to the directive, in line...

Council of advisers okays 2 ordinances, 2 policies

The council of advisers approved two ordinances and two policies at its meeting on Thursday with Chief Adviser Professor Muhammad Yunus in the chair.The meeting was held at the Chief Adviser's Office (CAO), a Cabinet Division press release said, reports BSS.The council of advisers endorsed the draft of 'Welfare and...

Pension Authority, 12 banks sign MoU

The National Pension Authority (NPA) on Thursday signed a memorandum of understanding (MoU) with 12 banks to facilitate registration and contribution collection under the Universal Pension Schemes. This brings the total number of banks partnering with the NPA to 24, as 12 banks had previously signed similar agreements, reports UNB.