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

Forthcoming $1.20b from four major financiers

A sum of some US$1.20 billion is expected to come from four major development partners willing to support Bangladesh's interim government in economic recovery, officials said, as the country's forex reserves have long been on depletion.The Ministry of Finance (MoF) has already started work to get the budget-support credit which...

Shahid Uddin made Dhaka WASA MD as Taqsem quits

Deputy Managing Director (DMD) of Dhaka WASA Engineer AKM Shahid Uddin has been appointed Managing Director of the agency after Taqsem A Khan resigned from the post.The new MD took over on Thursday after the Local Government, Rural Development and Cooperatives Ministry issued a notification in this regard. Taqsem A...

Central bank officers seek autonomy, sweeping reforms

A platform of the central bank officers has demanded complete autonomy for the Bangladesh Bank (BB) by establishing administrative, operational and financial-expenditure independence.To ensure full independence, BB officers under the banner of the Bangladesh Bank Officers Welfare Council on Thursday urged the interim government to amend the Bangladesh Bank Order...

Events in BD a reminder of freedom and liberty: Indian CJ

Chief Justice of India D.Y. Chandrachud on Independence Day said events in neighbouring Bangladesh were a clear reminder to not take our freedom and liberty for granted, according to a report published on The Hindu of India."Independence Day reforges the values enshrined in the Constitution and reminds citizens the duties...

Tuku, Palak and Shaikat put on 10-day remand

Three persons, including former deputy speaker Shamsul Haque Tuku and ex-state minister for ICT Zunaid Ahmed Palak, have been placed on 10-day remand each in a case filed over the 'killing' of rickshaw-puller Kamal Mia during the student movement.Another accused is Tanvir Hasan Shaikat, general secretary of Dhaka University's Bangladesh...

Vegetable prices up; egg, chicken down

The prices of seasonal vegetables witnessed a slight hike in the city on Thursday after witnessing a decline earlier.However, egg and chicken showed a slight decline further. But riverine fish remained static at their previous highs.Most vegetables witnessed a hike in the price by Tk 5.0-10 a kg as traders...

Deputy, joint secretaries to be promoted soon

Amid the major reshuffle, resignation and forced retirement in the administration and police, promotions to the positions of joint secretary and additional secretary would be implemented soon.This decision aims to address long standing grievances of officials who have been deprived of promotions due to political reasons over the past 16...

Pupils march in small groups under the banner 'Students against Discrimination' towards Shahbagh

Pupils march in small groups under the banner 'Students against Discrimination' towards Shahbagh and hold a mass sit-in at a key Dhaka intersection on Thursday to counter any rally by Awami League activists marking the death anniversary of Bangabandhu Sheikh Mujibur Rahman. — FE Photo