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

BD's purchasing managers' index drops in July

The July reading of the Bangladesh Purchasing Managers' Index (PMI) dropped a hefty 27 points from the previous month to record a sharp contraction at 36.9, said MCCI in its "Bangladesh Purchasing Managers' Index (PMI) Report" on Thursday, reports UNB.The Metropolitan Chamber of Commerce and Industry (MCCI) said the recent...

BNP pins hopes on Dr Yunus

The Bangladesh Nationalist Party (BNP) hopes Nobel laureate Prof Dr Muhammad Yunus will handle the current fluid situation prudently and restore democracy in the country as head of an interim government."The faster Dr Yunus brings back democracy in the country, the quicker he will succeed," BNP secretary general Mirza Fakhrul...

Yunus takes charge after dramatic power shift

In a dramatic turn of events, Nobel laureate Prof Dr Muhammad Yunus, for whom global figures last year called on former Prime Minister Sheikh Hasina to stop "persecution", has now emerged as the head of the country within 72 hours of unseating the Awami League government.On Thursday night, the lone...

Asaduzzaman joins as new Attorney General

Senior Advocate Md Asaduzzman has been appointed as the new Attorney General of Bangladesh. President Mohammed Shahabuddin has appointed him under his jurisdiction given by Article 64(1) of the Constitution. Law Secretary Md Golam Sarwar issued a gazette notification to this effect on Thursday. He will hold the post until...

Police members joining respective stations

Members of the Bangladesh Police have started returning to their respective workstations since Thursday morning, after work abstention of three consecutive days. They are coming to the workstations without wearing uniform. Police members left most of the police stations and police check posts across the country on August 5 this...

Narendra Modi congratulates Prof Yunus

Indian Prime Minister Narendra Modi has conveyed best wishes to Professor Muhammad Yunus on the assumption of his new responsibilities as chief adviser of Bangladesh's interim government, reports UNB. "We hope for an early return to normalcy, ensuring the safety and protection of Hindus and all other minority communities," he...

US ready to work with interim govt

The United States on Thursday said that they stand ready to work with the interim government which is expected to respect democratic principles and the will of the people of Bangladesh."We understand Nobel Laureate Muhammad Yunus has agreed to lead Bangladesh's interim government. We stand ready to work with the...

NBR chair should be appointed from senior members

The leaders of Bangladesh Civil Service (BCS) Taxation Association, the organization which looks after how to improve taxpayers' service in Bangladesh, on Thursday sought a new appointment of the chairman of National Board of Revenue from their senior members."Direct intervention of the Internal Resources Division and selection of an inexperienced...

Repair work begins on public and private buildings

Repair work begins on public and private buildings damaged during the quota reform protests. A worker replaces burnt and vandalised glasses at Setu Bhaban in city on Thursday. — FE Photo by Asad-Uz-Zaman

Interim govt must restore freedom of expression: AI

The interim government of Bangladesh must restore freedom of expression and repeal the Cyber Security Act (CSA) 2023, said the Amnesty International (AI) in a news briefing on Thursday.The CSA is a continuation of successive repressive legislations in Bangladesh that have repeatedly facilitated the state's crackdown on civic space and...

Contractual appointments of all officials made during the ousted AL govt to be cancelled

All contractual appointments of officials made during the tenure of the recently ousted Awami League government are set to be cancelled. An official notification will be issued once the interim government is formed, according to top administrative sources. Additionally, there is a growing movement to remove other officials who benefitted...