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

Savings certificate yields lowered twice, further cuts in Jan

A retired banker's daughter increasingly struggles to manage the daily expenses of her parents, who are almost bed-ridden, and a downturn in receipts from investment in savings certificates worries her. Sadia Chowdhury, daughter of former private banker Humayun Chowdhury, whose parents live in their small flats in Mirpur, says their...

Lower int’l LNG prices ease Petrobangla's debt burden

Lower liquefied natural gas (LNG) prices in the international market over the past one and a half years have significantly eased fiscal pressure on Petrobangla, allowing the state-run entity to avoid fully utilising costly external financing, officials said.As global energy prices softened, Petrobangla required less borrowing to meet its LNG...

July Revolution sought constitutional renewal, not repeal: Chief Justice

Chief Justice (CJ) Dr Syed Refaat Ahmed on Thursday said the July Revolution did not aim to overturn the Constitution, but rather to renew and strengthen the nation's engagement with it.He made the remarks while responding to a farewell felicitation accorded to him by Attorney General Md Asaduzzaman and Supreme...

NBR launches digital truck tracking system at Benapole land port

The National Board of Revenue (NBR) has introduced a new "Truck Movement" sub-module under the ASYCUDA World system to digitally track the entry of cargo-laden trucks from India and the exit of empty vehicles.The initiative aims to strengthen monitoring, transparency and revenue protection, according to an NBR statement.The pilot operation...

Disappeared person's dependants can use victim's property

Dependants of a victim of enforced disappearances now can use the victim's property sans any permission under provision of a draft law that remedies existing painful wait of many. The Advisory Council of the interim government in its meeting Thursday approved the draft of two ordinances-one related to enforced disappearances...

NCP leader found dead in city hostel

Police have recovered the hanging body of a National Citizen Party (NCP) leader from a female student hostel in the capital's Hazaribagh area.The deceased was identified as Jannatara Rumi, 30, joint coordinator of the NCP's Dhanmondi thana unit. She was the daughter of Md Jakir Hossain of the Nazirpur area...

Hasina, five ex-DGFI chiefs indicted

The International Crimes Tribunal-1 (ICT-1) in Dhaka has framed charges against ousted Prime Minister Sheikh Hasina and 12 retired senior army officers, including 5 former DGFI chiefs, in a case of crimes against humanity involving enforced disappearances and torture at the Joint Interrogation Cell (JIC) during the Awami League regime.A...

Govt moves to eliminate child labour by 2030: Labour secy

The government has initiated steps to formulate a national action plan to eliminate child labour from the country by 2030, said Dr Md Sanwar Jahan Bhuiyan, secretary at the Ministry of Labour and Employment, on Thursday."Eradication of child labour requires coordinated interventions -- particularly in hazardous sectors -- alongside strengthened...

ILO chief praises Bangladesh's labour reforms as 'historic' shift from past inertia

The head of the International Labour Organisation (ILO) has praised Bangladesh for a comprehensive and potentially transformative programme of labor reforms.In a letter dated December 17, the ILO chief described the programme undertaken by Bangladesh as wide-ranging and potentially transformative, signaling growing international confidence in the country's efforts to strengthen...

DMP beefs up security ahead of Christmas, New Year's Eve

The Dhaka Metropolitan Police (DMP) has tightened security measures across the capital in a bid to ensure that upcoming Christmas is celebrated peacefully and in a festive mode.DMP Commissioner Sheikh Md Sazzat Ali on Thursday made the remarks at a meeting, which was held at the DMP headquarters ahead of...