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

Retail prices of key vegetables 50pc higher in city markets

Retail prices of key vegetables remain at least 50 per cent higher during this peak harvesting season comparing to the same period a year back, official data have showed.Traders have, however, blamed "poor production" and "higher transport cost" for such hike in vegetables prices.Disagreeing with the views of traders, the...

Swiss President arrives in city

A red carpet was rolled out as the President of the Swiss Confederation Alain Berset arrived in city on a four-day official visit yesterday, the first official visit by any Swiss president to Bangladesh, reports UNB.President Abdul Hamid received his Swiss counterpart as he arrived at Hazrat Shahjalal International Airport...

PM warns teachers against putting pressure on govt

Pointing at recent movements by various sections of teachers to have their demands fulfilled, Prime Minister Sheikh Hasina said on Sunday it will not be possible to realise any demand by putting pressure on the government, reports UNB."If anyone thinks it's the last year of the government, and we (govt)...

Govt suspends auctions of T-bills, bonds for Feb amid liquidity glut

The government has suspended auctions of both treasury bills (T-bills) and bonds for the month of February to ensure proper cash management, officials said.Bangladesh Bank (BB) has already communicated the government's decision on suspension of the auctions with the commercial banks."We've conveyed the decision to the banks in line with...

Govt proposes 10pc hike in allowances

The government has proposed a 10 per cent hike in the amount of allowances under social safety net programmes to make it more meaningful.It is also considering introducing allowances for widows in the areas of city corporations, Social Welfare Minister Rashed Khan Menon has said."We have already sent a proposal...

CJ appointment not in breach of seniority, says Law minister

Law Minister Anisul Huq has dismissed claim that seniority has been superseded in the latest appointment of Chief Justice, which is conspicuous by two exits before and after. "I have great objection about claims that seniority has been breached," he told reporters after inaugurating an European Union (EU)-sponsored rights workshop...

Khaleda goes to Sylhet today

BNP Chairperson Khaleda Zia embarks on a tour of Sylhet today (Monday) as a special court is set to pronounce its verdict in a graft case against her, reports UNB."Our chairperson will go to Sylhet by road on Monday to offer fateha at the shrines of Hazrat Shahjalal (RA) and...

Financial finesse

Undeniable efforts have been made through the years to establish governance, especially in finance and the finesse that should flow naturally. Training and development of auditors, submission of government accounts by the Comptroller and Auditor General's Office and encouraging competition in published accounts are just a few. Too often, too...

Govt inks deal with OTI to import LNG

The government has signed a deal with state-run Oman Trading International (OTI) to import around 1.0 million tonnes of LNG annually for the next 15 years.State-run Petrobangla inked the deal on Wednesday, totalling inking of three such deals over the past week to purchase a total of 3.25 million tonnes...

A RAB member destroys jars

A RAB member destroys jars of 'filtered' waters, seized during a raid by the law-enforcers on three water-purifying units at Mirpur in the capital on Sunday. — Collected