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

Reform commission to be formed for banking sector: Info minister

Information and Broadcasting Minister Zahir Uddin Swapon has said the government will take measures to bring the troubled banking sector under a reform commission to restore financial stability by addressing the longstanding governance weaknesses."Commissions have already been formed for media, anti-corruption, and administrative reforms. Why should a sector as important...

Budget session to continue until July 9

The budget session of the 13th Jatiya Sangsad will continue until July 9. The decision was taken at the third meeting of the Parliament's Business Advisory Committee held on Sunday.The meeting, chaired by Speaker Hafiz Uddin Ahmed Bir Bikram, at the Cabinet Room of the National Parliament Building, discussed the...

Govt plans onshore bid round after 28 years

Bangladesh is preparing to launch its first onshore oil-and-gas bidding round in nearly three decades as the government seeks to accelerate exploration, reverse declining domestic gas output and reduce dependence on costly energy imports.The government has moved to launch an onshore bidding round to boost the country's natural gas production...

BB warns of remittance risks ahead amid ME tensions

The central bank has cautioned that inward remittance flows could come under pressure as geopolitical tensions in the Middle East disrupt labour migration and weaken economic activity in major host countries."Despite high remittance inflows supported by a large stock of existing migrant workers, remittance growth could slow due to migration...

Ad-din to 'pay Tk 8.0m' per family following newborn deaths

Ad-din Medical Hospital College is going to "pay Tk 8.0 million" in compensation to each of the families of six newborns who died at its facility.The compensation amount was determined through joint discussions between the families and hospital authorities, said Shishir Manir, a lawyer representing the hospital, reports bdnews24.comSpeaking to...

7 more die in suspected measles cases

Seven more died in suspected measles cases in the country during the past 24 hours until 8:00 am on Sunday, according to the health authorities.Of the fatalities, Dhaka division reported the highest number of four deaths during the period while one death was recorded at each of Chattogram, Mymensingha and...

Govt drafting new policy for online news portals, Yaser tells JS

The government is formulating a new policy for registration and operation of online news portals to bring greater discipline and accountability in the sector, State Minister for Information and Broadcasting Yaser Khan Chowdhury told Parliament on Sunday.Responding to a starred question from MP Mostafizur Rahman Babul of Jamalpur-3 during the...

US shoots down Iran drones

TEHRAN, June 7 (AFP) : The United States said it shot down a pair of Iranian drones threatening the Strait of Hormuz, the latest escalation of violence as the war reached its 100th day on Sunday with no end in sight.It came as mediator Pakistan delivered a message to Iran's...