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

Bangladesh seeks budget support loan from Japan

The government has sought a budget support loan from Japan to stabilise the country's macroeconomy, which has been under severe pressure for quite a long time.Finance and Commerce Adviser Dr Salehuddin Ahmed made the appeal during a meeting with Japanese Ambassador to Bangladesh IWAMA Kiminori at the Secretariat in Dhaka...

E-com firms reluctant to obtain digital ID

Local e-commerce companies are reluctant to obtain digital business identification (DBID) because of technical and rules-related complexities, sources said.Only 2.0 per cent of e-commerce platforms under the e-Commerce Association of Bangladesh (e-CAB) have applied for DBID. Of the number, about 14 per cent received the identification, according to the e-...

Sheikh Hasina, Inu, Menon among others sued

Three more cases were filed on Monday against Sheikh Hasina, her cabinet members and police high-ups for committing crimes against humanity, mass killing and murder.A petition has been filed with the International Crimes Tribunal against Hasina and 26 others for genocide perpetrated between July 15 and August 05.They have been...

Summit pays Tk 100m to BTRC

Summit Communica-tions has paid Tk 100 million to the telecoms regulator BTRC as share-transfer fee following the change of government.The previous authorities were planning to waive these fees and charges of share transfer and equity to Summit, according to BTRC sources.On Thursday, the Bangladesh Telecommuni-cation Regulatory Commi-ssion (BTRC) notified Summit...

Dipu Moni arrested

Police arrested former Social Welfare minister of the Awami League government, Dr Dipu Moni, from Baridhara area in the capital, Dhaka. She was arrested in a case filed in Chandpur, a detective branch (DB) official preferring anonymity told the FE.She was taken to the DB office at the Minto Road...

Village police members block a road outside the Secretariat in Dhaka

Village police members block a road outside the Secretariat in Dhaka on Monday, demanding a national pay scale, food rations and to be placed under the home ministry. The protest is one of several ongoing demonstrations to hit the capital since the change of government, with demonstrators from various groups...

Form taskforce to streamline customs services

Local apparel exporters have urged the revenue board to form a taskforce to streamline customs services to sustain the industry's competitiveness amid plummeting garment demand and prices and escalating production costs."Customs procedures must be made easier, faster and free from harassment to maintain industry competitiveness," leaders of the Bangladesh Garment...

Chattogram port upholds same 67th slot on Lloyd's

CHATTOGRAM, Aug 19: Chittagong port has upheld the position of the 67th busiest container port among 100 top ports globally this year, according to the latest Lloyd's List.Last year too, the country's prime seaport occupied the same slot in the Lloyd's List, the world's oldest journal on ports and shipping.The...

Miscreants attack media offices in Bashundhara

Some unidentified miscreants attacked East West Media Group office in Dhaka's Bashundhara Residential Area on Monday afternoon, reports UNB.Around 2 pm, a group of people with hockey sticks forced open the main gate, entered the office and carried out vandalism, a journalist from the media group said.Miscreants broke into Radio...

Abandoned Land Cruiser traced to ex-home minister

An SUV valued at approximately Tk 20 million was found abandoned in front of Baitul Aman Mosque in Dhanmondi, Dhaka, on Sunday morning, sparking widespread curiosity, reports UNB. The vehicle, a Land Cruiser with the license plate Dhaka Metro-Gha 21-8456, was eventually towed to a secure location around midnight with...

Traffic chaos grips Dhaka

Several key points in Dhaka, including Farmgate, Bijoy Sarani, Karwan Bazar, Bangla-motor, Siddheshwari, and Motijheel, experienced severe traffic congestion on Monday, as protests and the reopening of educational institutions brought the city to a standstill, reports UNB.Protesters have taken to the streets in various parts of the city, making demands...

LG Division issues directive on absent of UP Chairmen

In light of the continued absence of numerous Union Parishad chairman across the country, the Local Government Division has issued a directive allowing Deputy Commissioners (DCs) to delegate financial and administrative powers to the respective Union Parishad's Panel Chairman to ensure uninterrupted public services, reports UNB.In cases where the Panel...