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

Yunus meets senior police officers today

Chief adviser Professor Muhammad Yunus will hold a special meeting today (Monday) with senior police officers on law-and-order issues, reports BSS.Some 127 SP level and senior officers will join the special meeting with the Chief Adviser at his office tomorrow, Chief Adviser's Deputy Press Secretary Abul Kalam Azad Majumder told...

Govt prepares model PSC for a fresh bidding round

The government has moved to launch an onshore bidding round, 28 years after the previous one, to expedite hydrocarbon exploration in onshore areas with a view to meeting the country's mounting natural gas demand in industries, power plants and other establishments.State-run Petrobangla has already prepared a draft of the Model...

T-bills witness sharp increase in yields

The yields on treasury bills (T-bills) increased significantly on Sunday as banks showed reluctance to invest their excess liquidity in the securities ahead of the upcoming Eid-ul-Fitr.The cut off yield, generally known as interest rate, on the 91-Day T-bills rose to 10.75 per cent from 10.35 per cent of the...

Guterres eyes a most perfect democracy after reform

UN Secretary-General Antonio Guterres concluded his Ramadan solidarity visit on Sunday morning, expressing his hope that Bangladesh would become one of the most perfect democracies in the world through reforms, reports UNB.Guterres left Hazrat Shahjalal International Airport at 9:55am on Sunday.Environment, Forests and Climate Change Adviser Syeda Rizwana Hasan and...

IndustriALL calls on Bangladesh to uphold commitments

Global rights group IndustriALL Global Union has called on Bangladesh's interim government to uphold the commitments outlined in the roadmap for labour rights reforms ahead of a key discussion at the International Labour Organisation (ILO).The ILO Governing Body is set to review today the latest progress report submitted by the...

Court asks freeze of 21 accounts of three aides

A Dhaka court on Sunday ordered the Anti-Corruption Commission (ACC) to freeze 21 bank accounts of three associates of Proshanta Kumar (PK) Halder.The three associates are FAS Finance and Investment Ltd chairman Md Siddiqur Rahman, and directors Mahfuza Rahman Baby and Anita Kar.Judge Md Zakir Hossain of the Metropolitan Senior...

SpaceX discusses feasibility of services at Bangladesh airports

SpaceX, the parent company of satellite-based internet service-provider Starlink, on Sunday discussed the feasibility of providing services at the airports in Bangladesh, reports BSS. The discussion was held between Civil Aviation Authority of Bangladesh (CAAB) Chairman Air-Vice Marshal Md. Manjur Kabir Bhuiyan and SpaceX Global Engagement Advisor Richard H. Griffith...

Call for prompt action to stem tide of rapes

The Transparency International Bangladesh (TIB) has called for a decisive step immediately to end the ongoing wave of rapes and brutal violence against women and children across the country.The Dhaka chapter of the Berlin-based anti-corruption watchdog also demanded quick and exemplary punishment for the offenders, according to a statement.The demand...

Smelly and dirty water remains stagnant for long at Sayedabad Bus Terminal

Smelly and dirty water remains stagnant for long at Sayedabad Bus Terminal due to a faulty drainage system, but the authorities concerned do not seem to be bothered about it. The accumulation of such putrid water causes suffering for commuters while it also poses a health hazard. The photo was...