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

Creating Centre of Global Excellence urgent

The taskforce on re-strategising the economy and mobilising resources for equitable and sustainable development has put forward a set of proposals in its report submitted on Thursday, covering areas such as institutional reforms, urban transport initiatives, the manufacturing sector, exports, foreign direct investments (FDIs), pilot projects, and cross-cutting actions.Former director...

Vegetable prices drop to decade low

Prices of perishable products like potato and vegetable, primarily marketed by the peasantry, have dropped to their lowest levels since 2013-14, providing much-needed relief to consumers.However, this relief has been upset by continued volatility in edible oil and rice markets, according to traders concerned.Vegetable prices hit a significant low last...

Govt must do reforms before polls: Speakers

The interim government must complete some important reforms, especially in the constitutional bodies, before holding the next general election, speakers told a roundtable on Thursday.However, it would not be appropriate to take a long time for reforms, which are an ongoing process, they observed.The Centre for Governance Studies (CGS), a...

BB forms panel to bail out sick businesses

The central bank has constituted a five-member committee to select industries and business entities, which were badly affected by reasons beyond their control, before providing policy support for their revival.The committee will design the nature of support to borrowers with outstanding loans exceeding Tk 500 million, as they were hit...

'July 36 University' proposed as name of univ for 7 colleges

The University Grants Commission (UGC) has announced to establish a new independent university to oversee the seven major government colleges in Dhaka. The Commission also proposed the new university to be named 'July 36 University'.UGC Chairman Prof SMA Faiz and two other Commission members discussed setting up of the new...

Chittagong thrash Sylhet by 96 runs

Chittagong Kings raised the hopes to finish at top two positions in Bangladesh Premier League (BPL) point table after thrashing Sylhet Strikers by 96 runs at Sher-e-Bangla National Cricket Stadium on Thursday, reports BSS.Fast bowlers Shoriful Islam and Khaled Ahmed shared eight wickets between them by claiming four wickets apiece...

US company eyes more investments in Bangladesh Its chief meets Dr Yunus

Top US businessman Gentry Beach on Thursday said his company has already acquired multiple assets in Bangladesh and wants to invest more in the country's energy, finance and a number of other sectors, reports UNB.Beach, who is the CEO and founder of Highground Holdings, called on Chief Adviser Professor Muhammad...

Students of Dania College stage a protest by blocking Dhaka-Chattogram Highway

Students of Dania College stage a protest by blocking Dhaka-Chattogram Highway in front of the campus on Thursday, demanding punishment of those responsible for the murder of their fellow student, Minhazul Islam Minhaz. — FE Photo