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

Move to open up pre-paid gas meter business to pvt sector

The government has taken an initiative to open up the import, production and sales of pre-paid gas meters to the private sector and allow household consumers to purchase such meters on the open market.Under the plan, the state-run Petrobangla will fix specifications of the pre-paid meters and oversee the quality...

Experts see merger of sick banks, firms as a saviour

Merger and acquisition could be an effective solution to the problems facing the country's moribund banks and financial institutions (FIs), analysts observed on Sunday.To this regard, they said, the regulatory body should be well-equipped to properly monitor this process through modernising relevant acts and policies.The experts made the observations at...

‘Local govt bodies less powerful in South Asia’

Local government institutions are less powerful in South Asian countries with Bangladesh lagging far behind in mobilisation of local level resources due to reasons like conflict in power.Poor revenue generation mechanism, lack of capacity of regulatory authorities and tendency of staying in comfort zones by elites are also identified as...

July-Aug export receipts fall short of target

The country's export receipts for the first two months of the current fiscal year (FY) fell short of target by 12.40 per cent.The total earnings from exports of merchandise products stood at US$6.73 billion during the July-August period of FY 2019-20 against the target of over $7.68 billion for the...

BSMMU’s first liver transplant patient dies of dengue

Two more people died of dengue in the capital and Khulna while 761 new dengue patients were hospitalised across the country in 24 hours until 8.00 am Sunday, report agencies.In Dhaka, Nasima Akter, 48, died at Dhaka Medical College Hospital around 9:30am.Nasima, who lived in the capital's Shewrapara, hailed from...

Khaleda paved way for Ershad to take over in 1982, PM tells JS

Prime Minister Sheikh Hasina accused on Sunday Khaleda Zia of paving the way for HM Ershad to take over power in 1982 and enjoying various facilities from the former military ruler, reports UNB."Sattar (Justice Abdus Sattar) was the acting chairman of BNP. Though Begum Khaleda Zia didn't join politics at...

Form joint task force for climate budget implementation

Experts at a roundtable have underscored the need to form a 'joint monitoring task force' involving government, private and civil society organisations to ensure transparency and proper implementation of the climate change budget.At the same time, more funds should be allocated for research on the climate change and disasters and...

India imposes curfews in Kashmir

SRINAGAR, Sept 08 (Reuters/NDTV): India imposed on Sunday curfews in several parts of the contested Kashmir region, after clashes between security forces and Shi'ite Muslims taking part in a procession, officials and eyewitnesses said.In Guwahati Indian Home Minister Amit Shah declared New Delhi will throw "every single illegal immigrant out"...