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

BGMEA makes unit price declaration mandatory for UD certificates

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) -- the apparel apex body -- has tagged new requirements mandating factories to provide the unit price of imported raw materials and readymade garments produced for export to get utilization declaration (UD) certificates aiming to ensure transparency and accurate valuation in the industry.In...

Move to repair about 1,500km damaged roads underway

The government has taken a move to repair about 1,500 kilometres of roads and highways that have been damaged due to this year's heavy rainfall across the country.Adviser to the Ministry of Road Transport and Bridges Fouzul Kabir Khan disclosed this after an inter-ministerial meeting at the Road Transport and...

CJ sees ADR, legal aid as key components to judicial reform

Chief Justice Dr Syed Refaat Ahmed emphasised Monday that Alternative Dispute Resolution (ADR) and legal aid must be at the forefront of judicial reform. Speaking at a national conference in the city, he stated that ADR and legal aid are not peripheral issues, rather, they serve as the essential bridge...

NBFIs' resilience falls sharply in 4 years

Only nine of Bangladesh's 35 non-bank financial institutions (NBFIs) remained sound until December 2024, reflecting a sharp fall in their resilience over the past four years.The Bangladesh Bank's stress test results show while 18 out of 34 NBFIs, also called finance companies, were in sound condition in 2020, the figure...

6 dists get new DCs, senior police officers transferred

The government has appointed new deputy commissioners (DCs) in six districts and made a reshuffle in the senior level of the police, report agencies. The Public Administration Ministry issued separate notifications regarding DCs appointments on Monday. The six districts are Patuakhali, Netrokona, Meherpur, Kushtia, Khulna, and Kurigram. Mohammad Shaheed Hossain...

Teachers' competency a must in shaping nation: BB governor

Dr. Ahsan H. Mansur, governor of the Bangladesh Bank (BB), emphasised the vital role of competent teachers in shaping a prosperous nation during a recent event at East West University (EWU), according to a press statement.Speaking at a certificate awarding ceremony for the university's Teachers' Training Programme on Monday, Dr....

Govt transfers 230 judges

The interim government has transferred 230 trial court judges across the country in one of the largest judicial reshuffles in recent years, reports bdnews24.com.The Ministry of Law, Justice and Parliamentary Affairs issued four separate notifications on Monday, directing the judges to relinquish their current responsibilities by Aug 28 and assume...

Construction work of the Dhaka Elevated Expressway in the Hatirjheel area

Construction work of the Dhaka Elevated Expressway in the Hatirjheel area resumes after it remained suspended for around a year. The project was scheduled to be completed in June this year. The photo was snapped on Monday. — FE Photo by K Asad-Uz-Zaman

Lack of level playing field in DUCSU election, JCD panel says

Jatiyatabadi Chhatra Dal (JCD) panel raised allegations of several irregularities, including uneven playing field, in Dhaka University Central Students' Union (DUCSU) election.Speaking at a press conference in front of Madhur Canteen on Monday, the candidates expressed their concerns.JCD highlighted malpractices by a female candidate, who broke dormitory rules by allegedly...

Ex-CJ Khairul hospitalised after falling ill in jail

Former Chief Justice ABM Khairul Haque, currently in custody at Dhaka Central Jail, fell ill on Monday and was admitted to the Coronary Care Unit (CCU) of Bangladesh Medical University (BMU), commonly known as PG Hospital.Prison authorities said Haque suddenly felt unwell around 11:45 am and was immediately taken to...