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

Amazon fires could threaten trade deal with Mercosur: EU

The European Union (EU) would find it difficult to ratify the trade deal made with countries of South America, including Brazil, as long as the Amazon rain forest is allowed to continue to burn, European Council president Donald Tusk has warned, according to a report by www.brusselstimes.com. Tusk was referring...

Roadshow soon to brief IOCs about production contracts

State-run Petrobangla has planned to host a roadshow to keep international oil companies posted on the freshly minted production sharing contracts before the launch of the next bidding round.Interested IOCs will be able to have information about the hydrocarbon pricing, contract terms, updates over seismic survey during the event to...

Per bhori gold price increases by Tk 9,390 in a year

Price of gold in the local market has increased significantly in the last one year mainly due to the change in the international market.However, it was expected by the buyers to witness a stable gold market following the government's scheme to legalise undeclared gold. According to data available with Bangladesh...

People hardly get benefits from ‘digital island’ project

There is hardly any tangible benefit from declaring Maheshkhali as a 'digital island' by the government due to "irregularities and poor communication" with the mainland.The project is neither helpful for the ordinary people nor for the promotion of tourism in the island due to faulty design and an ulterior motive...

India says blocking politicians to ‘avoid controversy’

NEW DELHI, Aug 25 (AFP): Authorities on Sunday defended blocking opposition Indian politicians from visiting Muslim-majority Kashmir, saying it was to "avoid controversy" weeks after stripping the restive region of its autonomy and imposing a major clampdown.India's Hindu-nationalist government has been criticised by the main opposition Congress party over the...

HC asks BTRC to issue new letter to GP

The High Court (HC) declared void on Sunday the three letters, issued by the Bangladesh Telecommuni-cation Regulatory Commis-sion (BTRC), which imposed fine to the tune of Tk 300 million on the Grameenphone (GP).Besides, the HC asked the BTRC to issue a fresh letter to the GP, the country's leading mobile...

HC orders exclusion of word ‘Kumari’

The High Court asked on Sunday the authorities concerned to exclude the word 'Kumari' (virgin) from the No 5 column of Kabinama (marriage document) form and insert 'unmarried' instead of it, reports UNB.The HC bench of Justice Naima Haider and Justice Khizir Ahmed Choudhury passed the order after disposing of...

Dhaka urges Naypyidaw to concentrate on obligations, commitments

Bangladesh has urged Myanmar to fully concentrate on implementation of its obligations and commitments necessary for a durable solution to the Rohingya problem, reports UNB."The government of Myanmar should seriously consider a comprehensive engagement of the international community in creating an environment conducive to their return as well as monitoring...