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

Eight die, highest in a day this year

Eight more deaths were reported from dengue in 24 hours till Sunday morning, raising the number of fatalities from the mosquito-borne disease in Bangladesh to 158 this year.During the period, 1,221 more patients were hospitalised with viral fever, according to the Directorate General of Health Services (DGHS), reports UNB.Of the...

Poorer countries getting indebted for concessional financing being sidelined

Profit-driven models of multilateral financing worries South Asian nations, including Bangladesh, as they getting indebted for concessional funding being sidelined, reveals a report sponsored by OECD.At the report-launching function Sunday, it was also observed that multilateral development system faces mounting challenges due to political crisis, geopolitical shifts, and ongoing reforms...

$300m WB fund for clean air project

The World Bank will provide $300 million to assist the clean air project in Bangladesh.The initiative has been taken to strengthen air quality management in the country and to reduce the carbon emissions in key sectors.Environment advisor to the interim government Syeda Rizwana Hasan shared the information following a meeting...

Contractors lambast RHD for discriminatory evaluation of tenders

Road sector contractors have come down heavily on the Roads and Highways Department (RHD) for discriminatory evaluation method in tenders of small budgeted work claiming that it has created syndication in the process to get the work of below Tk 30 million.In a public hearing on RHD integrity at its...

12,000 bhori gold missing from Samabaya Bank

CUMILLA, Sept 29 (UNB): AF Hassan Ariff, Adviser to the Ministry of Local Government and Rural Development (LGRD), has revealed that a significant portion of the assets belonging to the Samabaya Bank have been illegally captured. Those who were once associated with the bank have now taken possession of its...

Net sale of savings instruments in July rises Tk 21.87b

The net sale of state-run savings instruments in July this year increased by only Tk 21.87 billion, following a period of negative growth over the past year.The net sales of savings certificates in June showed a negative growth of Tk 33.81 billion in June over the matching period of the...

First year classes at DU begin today

Classes of Dhaka University's (DU) first year students start today (Monday).Most of the first year’s students have been staying in Dhaka on Sunday while some of them have started living in the residential halls of the university. The students told the FE that they are excited about their first class."We...

Twenty DEMU (Diesel-Electric Multiple Unit) trains

Twenty DEMU (Diesel-Electric Multiple Unit) trains, imported in 2014 at a cost of Tk 6.0 billion, have now been abandoned and left at various railway workshops. The photo taken on Sunday shows some of the DEMU trains left unattended at a workshop at the Kamalapur Railway Station in the city....