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

Move to raise Tk 8.78t from bond mkt to propel economic growth

Coordinated efforts are on to raise Tk 8.78 trillion from the bond market for achieving 8.0 per cent plus economic growth by 2021, officials said.To this end, a tripartite committee has already been formed to boost the country's nascent bond market, particularly the corporate one, they added.The fund will be...

Two major UAE firms want to invest in BD

ABU DHABI, UAE, Feb 19 (BSS): Two major UAE companies - Lulu Group International and NMC Group - today expressed their keenness to invest in Bangladesh, particularly in the areas of healthcare, hotel, shopping mall and tourism.Chairman and Managing Director of Lulu Group Yusuff Ali and Founder and Chairman of...

Five-day Ijtema ends with Saad followers’ Akheri Munajat

GAZIPUR, Feb 19 (UNB): The five-day 54th Biswa Ijtema concluded following Akheri Munajat (final prayer) with the participation of followers of Indian Islamic preacher Maulana Muhammad Saad Al Kandhalvi on the bank of the Turag River in Tongi on Tuesday morning.Indian Maulana Shamim Ahmed conducted the second phase Akheri Munajat...

Sustainable use of sea resources in focus

State Minister for Fisheries and Livestock Ashraf Ali Khan Khasru said on Tuesday Bangladesh has yet to reap the benefits from the resolution of the maritime boundary dispute even after four years."We still are not capable of catching fish beyond 100 metres depth, although four years have passed since the...

BIWTA pulls down 39 city structures

The Bangladesh Inland Water Transport Authority (BIWTA) continued its ongoing eviction drive against unauthorised structures along Buriganga River in the capital on Tuesday.On the day, the BIWTA drive bulldozed a total of 39 structures from Basila and Katasur parts of the river, which is gradually getting narrower due to illegal...

BB, BPO spar over Nagad licensing

Nagad, a new digital financial service of postal department, has got caught in a quandary regarding licensing from the central bank.Sources said complexities arose as to whether the Bangladesh Post Office (BPO) needs to seek a licence ahead of the formal launch of the service.To settle the issue, the finance...

Nomination form distribution begins

Collection of nomination forms for contesting the Dhaka University Central Students' Union (DUCSU) and hall union elections began on Tuesday in a festive atmosphere with coexistence of all active student organisations.Distribution of nomination forms began from 10.00 am on the day at Senate Building, and the process will continue until...

HC orders confiscation of copies

The High Court ordered on Tuesday confiscation of all the copies of the book, 'Bangladesh Bank-er Itihash', from the market and the ongoing Ekushey Book Fair for the distortion of history, reports UNB.The HC bench of Justice Md Ashfaqul Islam and Justice Mohammad Ali also summoned the editor of the...

Pakistan urges talks on Kashmir blast, warns India against attack

Prime Minister Imran Khan said on Tuesday Pakistan was ready to cooperate with India in its investigation of a deadly bombing in the disputed Kashmir region last week, which India blamed on Pakistan, but warned of retaliation if attacked, reports Reuters.Tension between the nuclear-armed neighbours has risen sharply over the...

Myanmar picks panel to reform army-made constitution

YANGON, Feb 19 (AFP): Myanmar set up a committee to discuss reforming the country's military-drafted constitution on Tuesday, pitting Aung San Suu Kyi's civilian government openly against the powerful armed forces for the first time over the incendiary issue.Suu Kyi's National League for Democracy (NLD) party won a landslide in...