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

ADB to provide BD with $600m to face graduation challenges

The Asian Development Bank (ADB) has assured Bangladesh of extending its budgetary support to $600 million for facing the LDC graduation challenges, officials said on Monday.Following Bangladesh's request, the Manila-based lender has assured it of providing the increased budgetary credit, they said.In a recent meeting with the ADB Country Portfolio...

CA stresses digitisation to fight graft

Chief Adviser Professor Dr Muhammad Yunus at a meeting with senior government officials Monday emphasised the importance of digitisation to fight corruption, reports BSS.The meeting held at the State Guest House Jamuna focused on immediate actions for fast-track digital adoption.Key decisions taken in the meeting included making submission of tax...

Traders on the prowl to disrupt rice mkt

Now rice traders are on the prowl to make exorbitant profit by raising rice prices notably despite having an all-time high production of the food-grain in the country.Prices of both coarse, medium and finer rice showed a hike of Tk 4.0- 6.0 a kg in the last two days in...

SC allows Prof Yunus, 6 Grameen Telecom officials to appeal

The top court allowed on Monday Professor Muhammad Yunus and six officials of Grameen Telecom to appeal against a High Court order upholding their indictment in a money-laundering case.A four-member bench of the Appellate Division of the Supreme Court, headed by Chief Justice Syed Refaat Ahmed, also scheduled a hearing...

Bank account of ex-DB chief Harun, relatives suspended

The Central Intelligence Cell (CIC) asked all financial institutions on Monday to suspend account transactions of eight individuals, including former Detective Branch Chief Harun-or-Rashid.Other individuals include his wife, Shireen Akter, his parents, his father-in-law, an existing Additional Deputy Commissioner of Police, his two brothers ABM Shahriar and Md Ziaur Rahman,...

Cornea replacement of two done successfully

The cornea-replacement surgeries of two persons, injured during the July-August mass movement, were successfully completed at the National Institute of Ophthalmology and Hospital (NIOH) in the capital.The cornea transplant surgeries of Israfil and Anik, injured in the anti-discrimination student movement, were conducted on Sunday night. Earlier, an assurance of getting...

DU students demand justice against rapists

Dhaka University students on Monday staged a protest to demand justice in all rape cases, including the violation of a child at Banani, and reform of laws related to rape.Five demands were placed during the programme at the foot of Raju, an anti-terrorism memorial sculpture, on the campus.They demanded that...

Three of a family killed in Cox's Bazar Rohingya camp shooting

COX'S BAZAR, Oct 21: Suspected terrorists on Monday shot and killed three members of a family after entering their house in Ukhiya Rohingya camp in Cox's Bazar. The incident took place at Rohingya camp No. 20 of Ukhiya upazila around 4 am.The deceased are Ahmed Hossain (65), a resident of...

3 more die of dengue

Three additional dengue fatalities were reported in the 24 hours leading up to Monday morning, bringing the total death toll in Bangladesh this year to 250, reports UNB.During the period, 1,039 more patients were hospitalised with viral fever, according to the Directorate General of Health Services (DGHS).Of them, 262 dengue...

Banks to get Repo facility only on Tuesdays

Banks now can borrow from the central bank's repo facility once a week instead of existing two days, but get a new window for overnight funding in exigencies.A circular issued Monday to this effect by Debt Management Department of the Bangladesh Bank (BB) states that the commercial banks will get...

Clouds of thick smoke spiral out of electric cables and polythene bags so near the Mitford Hospital

Clouds of thick smoke spiral out of electric cables and polythene bags so near the Mitford Hospital on the bank of the Buriganga on Monday morning, thereby entering the health facility and polluting its air. It is said that copper is collected from such wires through burning. — FE Photo...

17 ex-JU coordinators form new faction

Seventeen coordinators who previously resigned from the anti-discrimination student movement at Jahangirnagar University (JU) have now launched a new platform named 'Sommilito Gono-Ovvutthan RakkhaAndolan' (Combined Mass Uprising Protection Movement). Students announced establishment of the platform at a press conference held at the Teacher Student-Center (TSC) conference room of the university...

Kamal Ahmed Majumder sent to jail

A Dhaka court on Monday sent former state minister for industries Kamal Ahmed Majumder to jail in a case lodged over the killing of Jagannath University student Ekramul Haque Sajid during the anti-discrimination student movement, reports BSS.Dhaka Metropolitan Magistrate Saifuddin Hossain passed the order as police produced Majumder before the...

Breast cancer awareness seminar

The Public Health Forum of the Department of Public Health and Informatics at Jahangirnagar University march on the campus ahead of a breast cancer awareness seminar on Monday.