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

Govt to issue land ownership certificates, smart cards

The government will issue certificates of land ownership (CLOs) and land smart cards to land owners to ensure the authenticity of ownership. A land ministry high official involved in the process has told The Financial Express the government has finalised the draft of the Land Ownership and Use Act 2023...

Dr Yunus pledges labour reforms, baits to net foreign investments

Chief Adviser Prof Muhammad Yunus reaffirms his interim government's stress on labour reforms and mentions other baits for wooing large-scale foreign direct investment into Bangladesh. He was addressing a high-level dinner hosted at the Bangladesh Permanent Mission to the United Nations on Thursday. Diplomats, UN officials, and senior political figures...

Khaleda made member of Fulgazi BNP committee

Feni, Sep 25 (UNB): Former Prime Minister and BNP Chairperson Khaleda Zia has been included as a member of Fulgazi upazila BNP committee in Feni district, her ancestral home.She has repeatedly been elected MP from Feni-1 constituency (Fulgazi upazila).On Thursday night, full committees were announced for six unions under Fulgazi...

Pakistan proposes joint working team

The interim government is moving with urgency to resolve the long-standing issue of the repayment of Pabna Sugar Mill loans received under Pakistan Supplier Credit, sources say.In this regard, a high-profile inter-ministerial meeting was held between representatives from Bangladesh and Pakistan on September 1 this year.The Pakistan side proposed forming...

Taka getting increasingly overvalued amid subdued dollar demand

Bangladesh's currency appears increasingly getting overvalued as subdued import demand and weak private-sector credit flows coincide with robust remittance inflows.The trend is reflected in the central bank's latest reading of the real effective exchange rate (REER) index, which rose to 103.84 in August from 101.23 a month before. A key...

TIB statement on UNGA delegation "deeply disappointing"

NEW YORK, Sept 26 (UNB): The interim government on Friday reacted to the statement issued by the Transparency International Bangladesh (TIB), noting that it is "deeply disappointing" that it issued a public statement based on unverified social media posts, rather than verified facts."Contrary to TIB's recent statement - which unfortunately...

Saidabad WTP physical work to begin after a decade

Physical work on the Saidabad Water Treatment Plant is finally set to begin after 10 years with an aim to ensure the supply of clean and safe water for city-dwellers from the Meghna River.The Dhaka Water Supply and Sewerage Authority (Dhaka WASA) has signed a €292 million worth of contract...

ACC to send MLAR to US to seize Joy's assets

The Anti-Corruption Commission (ACC) has taken an initiative to order the seizure of two luxury cars, two houses and 12 bank accounts found in the United States in the name of former prime minister Sheikh Hasina's son, Sajeeb Wazed Joy, reports bdnews24.com.Accordingly, the commission is sending a mutual legal assistance...

Father, son die in row over money in Kushtia village

Kushtia, Sep 26 (UNB): A family dispute allegedly over money has led to the tragic deaths of an elderly man and his young son in Kumarkhali upazila of Kushtia district.The victims were identified as Shumbhu Charan Biswas, 80, and Bijoy Kumar, 32, a fish seller by profession of Uday Naturia...