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

Three pvt banks to open $240m LCs for LNG imports

State-run Petrobangla has started the process of opening letters of credit (LCs) with private commercial banks alongside government-owned ones to facilitate the import of liquefied natural gas (LNG), thus creating scope to clear its arrears to international oil companies (IOCs), said sources.With the help of private banks, it has brought...

Demand for fair share of Teesta waters gets louder

LALMONIRHAT, Feb 18 (UNB): A protest march of thousands of people rocked the riverbanks in Lalmonirhat on Tuesday as they demanded fair share of the Teesta River waters and implementation of the Teesta Master Plan.As part of a 48-hour sit-in organised by the Teesta River Protection Movement, the march began...

Japan provides $1.8 million for Rohingyas

The government of Japan has provided $1.8 million to the World Food Programme (WFP) for life-saving food assistance to the Rohingya in Cox's Bazar and Bhasan Char.Without livelihood opportunities, the Rohingyas rely entirely on humanitarian assistance to meet their basic needs.The WFP provides food assistance to the entire Rohingya population...

Delay in IMF loan release mutually agreed

The Ministry of Finance (MoF) on Tuesday said the delay in releasing the fourth tranche of IMF loan was mutually decided as Bangladesh could not implement some conditions on time.The clarification came as media outlets published news reports on Tuesday on the deferred release of the fourth tranche of the...

Metro rail company in new dilemma

Dhaka metro-rail company is in a new dilemma over its staff members and those recruited in different projects under its recently drafted service rules.Officials and employees under grade 9 to 16 recruited in Dhaka Mass Transit Company Limited (DMTCL) threatened to stop train operations from Friday if the company's service...

Hasina's extradition govt's top priority

Chief Adviser's Press Secretary Shafiqul Alam Tuesday said the main aim of the interim government is to repatriate Sheikh Hasina from India and put her on trial, reports BSS.Citing the recent fact-finding report of the UN human rights office, he said the report revealed that Sheikh Hasina committed crimes against...

RAB may be formed afresh with new name, uniform

Home Adviser Lieutenant- General Md Jahangir Alam Chowdhury (Retd.) said on Tuesday if there is the need, the Rapid Action Battalion (RAB) will be formed afresh changing its name and uniform, reports BSS."If required, the RAB will be formed anew. A discussion about the force was held and we presented...

Ex-employees of GP demand compensation, reinstatement

A group of former employees of Grameenphone, one of the leading telecom operators of the country, has demanded financial and social compensation as well as reinstatement. They also called for the cancellation of all illegal dismissal orders issued by the Grameenphone authorities. They made the demand at a press conference...