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

Oikya Front to finalise candidates before deadline for withdrawal

Jatiya Oikya Front chief Dr Kamal Hossain said they are initially giving nominations to their candidates based on parties, not the alliance, due to time constraint, reports UNB."Nomination has not been given now based on the alliance as the parties are separately doing it... we'll adjust those later," he told...

Trading sector eats up 51pc of SME financing

The trading sub-sector gets more than 51 per cent of the loans and advances disbursed by the banks and financial institutions to the small and medium enterprises (SMEs) sector, according to official figures.On the other hand, the manufacturing and services sub-sectors get lower shares of the institutional financing, affecting employment...

Govt produces skilled workforce of 7,500 in three years

The government is working to produce skilled manpower for the shipbuilding industry, and it already trained up a workforce of over 7,500 in three years, officials said.With the financial support of Asian Development Bank (ADB), the government is developing the manpower at different organisations, including Western Marine Shipyard Limited (WMSL).Under...

IAF meets local apparel leaders tomorrow

A meeting between local apparel leaders and that of International Apparel Federation (IAF) is scheduled to take place in Dhaka tomorrow (Thursday), sources said. The status of Accord in the country, trade policy especially that of European Union's Generalised Scheme of Preferences (GSP) and possible impact of Brexit will be...

Deadline for submission of nominations expires today

The deadline for submission of nomination papers to contest the upcoming parliamentary elections expires today (Wednesday), reports UNB.Many candidates, including those from two major political camps of the Awami League-led Grand Alliance and Dr Kamal Hossain-led Jatiya Oikyafront, will file their nomination papers on the last day.The aspirants will have...

No restriction on waz mahfil ahead of election: EC

The Election Commission has sent a letter to returning officers and local administrations saying that it did not impose any restriction on arranging any religious gathering or waz mahfil ahead of the national election, reports UNB.In case of arranging the religious function or gatherings, the Election Commission has given directives...

Lankan political turmoil continues as MPs boycott parliament

COLOMBO, Nov 27 (AFP): Allies of Sri Lanka's embattled president Maithripala Sirisena boycotted parliament Tuesday as the country drifted into a second month of political turmoil.Sirisena loyalists refused to show up at parliament in Colombo, where last week opposing MPs scuffled and threw objects across the chamber, forcing the legislature...

Bangladesh faces refugee anger over term 'Rohingya', data collection

COX'S BAZAR, Nov 27 (Reuters): Rohingya refugees from Myanmar in camps in Bangladesh began a protest on Monday, demanding that Bangladesh recognize their ethnicity as Rohingya and that officials and aid agencies stop sharing their family information with Myanmar. Markets were shut at several of the refugee camps in southeast...

PM hits out at Dr Kamal for joining hands with BNP

Prime Minister Sheikh Hasina on Tuesday came down heavily on Dr Kamal Hossain and his associates for joining hands with BNP and wanted to know about their intention where they actually want to take the country to, reports UNB. "They've joined hands with the corrupt, convicted criminals and killers. Where...

EC Secretary Helal Uddin Ahmed presiding over a meeting at EC conference room

Election Commission (EC) Secretary Helal Uddin Ahmed presiding over a meeting at EC conference room in the capital's Agargaon area on Tuesday on allocating budget to the agencies responsible for maintaining law and order during the upcoming parliamentary polls — PID