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

11.8m people to face internal migration soon: study

Some 11.8 million people in the country will soon face internal migration due to various reasons, including climate change, according to a new study.The migration could reach 21.3 million by 2041, it added, saying that Bangladesh would have 195 million to 200 million people in 2031 and 207 to 234...

DSE seeks stimulus package to offset Covid-19 fallout

The Dhaka Stock Exchange (DSE) Limited has sought low-cost funds through a financial stimulus package to meet operational expenses of brokerage houses and merchant banks amid the Covid-19 pandemic.A four-member delegation of the DSE board of directors, led by its chairman Md. Eunusur Rahman, put forward the request at a...

ADB approves $50m loan to bankroll PPP infrastructure projects

The Asian Development Bank (ADB) will provide US$50 million loan to Bangladesh for bankrolling some public-private partnership (PPP) infrastructure projects. The board of the Manila-based lender on Tuesday approved the loan for Bangladesh, said the ADB Manila office.The assistance will help implement PPP infrastructure subprojects developed by the government agencies....

High Court rules over legality of two MPs

The High Court on Tuesday issued rulings over the legality of holding the posts by two members of parliament (MPs).Two MPs are Mohammad Shahid Islam Papul, an independent MP from Laxmipur-2 constituency and Harunur Rashid, a BNP lawmaker from Chapainawabganj-3 constituency.Papul is now in jail in Kuwait on charges of...

UAE extends amnesty for foreign workers

The United Arab Emirates has extended the amnesty period for undocumented foreign workers for another three months, according to Bangladesh Embassy in Abu Dhabi.The duration of the grace period will be August 18 to November 17 this year, the embassy shared the information on its Facebook page on Tuesday.The workers...

Schools score very low on WASH

A government move to improve water, sanitation and hygiene (WASH) facilities at educational institutions has hardly made any visible progress over the last five years.The education ministry issued a circular on June 23 in 2015 mentioning that there was a possibility of faster spread of contagious diseases from schools as...

BFIU freezes bank accounts of OC Pradip, seven others

Bangladesh Financial Intelligence Unit or BFIU froze the bank accounts of eight people allegedly involved in the killing of retired army major Sinha Md Rashed Khan in Cox's Bazar, reports bdnews24.com.The account holders include Cox's Bazar Police Superintendent ABM Masud Hossain, former Teknaf Police Station OC Pradip Kumar Das and...

India hits 900,000 daily tests amid surge in cases

India has carried out nearly 900,000 coronavirus tests in a single day, a record for the country, as it fights a surge of Covid-19 cases. India's health ministry said a record 899,000 tests were conducted in the 24 hours to Tuesday. Only the US has ever carried out more daily...

Bangladesh Jute Traders Association

Bangladesh Jute Traders Association members stage a sit-in programme in front of Bangladesh Jute Mills Corporation (BJMC) in the city on Tuesday demanding payment of arrears from jute mills under the BJMC -FE Photo

Rupali Bank opened 574th branch at Gangni in Meherpur

Rupali Bank Limited opened its 574th branch at Gangni in Meherpur on Monday. Chairman of the bank Monzur Hossain MP and Managing Director and CEO Md Obayed Ullah Al Masud inaugurated the branch through videoconferencing