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

Rajuk’s Uttara project to have flats for low-income group

Rajdhani Unnayan Kartripakkha (Rajuk) finally incorporated housing facility for the low-income people into its major apartment project in the capital's Uttara area. However, the prices of these flats are beyond their affordability.Officials said the capital development authority in its latest move included small-sized apartments (850 square feet each) in the...

BB to issue fresh directives for implementing ALM guidelines

Commercial banks are expected to get a latest directive for implementing the asset-liability management (ALM) guidelines strictly to duck possible liquidity pressure in an emerging lopsided-market scenario.Officials said the dos from the central bank could come at a bankers' meeting convened at the Bangladesh Bank headquarters in Dhaka for today...

Now govt mulls building bigger LNG terminal

The government now intends to build a bigger-sized LNG import terminal having the capacity of 7.5 million tonnes per year (Mtpa) instead of 5.5 Mtpa to meet the demand for natural gas in future.State-run Rupantarita Prakritik Gas Company Ltd (RPGCL) has already amended the term, seeking proposals from interested contractors...

Non-MPO teachers continue hunger strike

The teachers and employees of non-MPO educational institutions who are on a hunger strike ignored Education Minister Nurul Islam Nahid's assurance on Tuesday, and vowed to continue their strike until an assurance is made to meet their demand with a timeframe, reports UNB.Leaders of the demonstration arranged under the banner...

Sailing through the New Year challenges

It is quite normal that any new calendar year would begin with a lot of optimism. To be hopeful is a natural psycho-socio syndrome and this time too, there has not been any short of it while welcoming the new Gregorian year through festive rituals. As the New Year dawned,...

Pak nat’l security council meets on Trump tweet

Pakistan's National Security Council (NSC) met on Tuesday with Prime Minister Shahid Khaqan Abbasi in the chair to discuss US President Donald Trump's most recent accusations, reports Dawn News.In his first tweet of the new-year, Trump had accused Pakistan of basing its relationship with the US on "nothing but lies...

Assam leaves 13m citizens off register

NEW DELHI, Jan 2 (AFP): Around 13 million people living in northeastern India's largest state have been left off a controversial draft list of citizens released Monday by authorities, who are under pressure to identify and expel illegal immigrants.Assam has long struggled to curb immigration from neighbouring Bangladesh and is...

Ex-Indian army officer kills six with iron rod

NEW DELHI, Jan 2 (AFP): A former army lieutenant bludgeoned six people to death with an iron rod Tuesday in a killing spree that sparked panic in a northern Indian city.Naresh Dhankar, 45, began his murder rampage in a hospital in Palwal then walked the city's streets picking victims at...

New fire rips through NY building, multiple injuries

At least 12 people were hurt on Tuesday as a fire tore through an apartment building in the Bronx, just days after another blaze in the New York City borough killed 12 people, a New York City Fire Department spokesman said, reports Reuters.Last Thursday, 12 people, including four children, were...

Sylhet mudslide kills 4 stone quarry workers

SYLHET, Jan 2 (UNB): Four workers were killed and several others injured in a mudslide while extracting stones from a quarry in Jaflong area of Goainghat upazila on Tuesday afternoon.The deceased, including a female, could not be identified yet.Shamsul Alam Sarkar, Additional Superintendent of Police, said a portion of mud...