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

PM links maritime resource harnessing to regional dev

Prime Minister Sheikh Hasina underscored on Tuesday the need for proper utilisation of the maritime sector for massive socioeconomic development of the peoples of this region, reports BSS."There is a huge potential of maritime sector in South Asia and utilising the sector, it's possible to make a big lead into...

Lower grade govt staffers may get facility by Dec

The step to bring lower-grade public servants under electronic fund transfer system by December is at the final stage.This will ensure hassle-free salary, bonus and other fund transfer from the government's end to the III and IV class employees, who are between the 12th and 20th grades of the pay...

Bangladesh fares poorly on Oxfam’s inequality index

Bangladesh has fared poorly, ranking 148th among 157 nations on a new index spotlighting government policies to reduce income disparity between the rich and the poor, reports bdnews24.com.Singapore, one of the wealthiest nations in the region, bottomed out - falling behind Bangladesh - on the Commitment to Reducing Inequality (CRI)...

Mayanmar team due on Oct 28 to discuss Rohingya return

A Myanmar delegation is scheduled to visit Bangladesh from October 28 to October 30 to discuss the Rohingya repatriation issue.Led by Myanmar Foreign Secretary Mint Thaw, the delegation will attend the third meeting of the joint working group.The meeting will review progress in preparations for Rohingya repatriation, said sources at...

World Investment Forum in Geneva on Oct 22-26

More than 5,000 participants from 160 countries will meet in Geneva to thrash out major new investment-for-development initiatives at UNCTAD's World Investment Forum 2018 in the Palais des Nations, Geneva, Switzerland from October 22-26, reports UNB.Fourteen heads of state and government have confirmed they will attend, including those from Armenia,...

ECNEC approves record number of projects worth Tk 325.25b

The government approved on Tuesday a record number of 20 development projects at a total cost of Tk 325.25 billion ahead of the national election.Presided over by Prime Minister Sheikh Hasina, the Executive Committee of the National Economic Council (ECNEC) endorsed the projects at its meeting at the Planning Commission...

DMTCL signs Tk 7.0b deal with seven-co JV today

A joint venture (JV) of seven companies from Japan, France, India and Bangladesh is set to get the Tk 7.0-billion consultancy work of the second metro-rail project.Dhaka Mass Transit Company Limited (DMTCL) will sign a contract in this regard with Nippon Koei Company Limited of Japan, the lead entity of...

Truckers halt strike until October 31

Truck owners and workers postponed their strike until October 31, following assurance from Home Minister Asaduzzaman Khan of meeting their demands on Tuesday.Following a meeting at secretariat office, the minister said the government has immediately fulfilled the truckers' two demands, preventing 'baseless' harassment of police and filing lawsuits against them.Inspector...

Accord starts handover of responsibility next week

The global buyers' platform accord will start the process to hand over responsibility of its ongoing safety activities in the country's ready-made garment (RMG) factories to the authority concerned from next week, sources said. Initially, it will hand over details of about 25 garment factories that have already completed the...

A transformer, meant for installation on the pillar

A transformer, meant for installation on the pillar, has been kept on the ground on the Shantibagh main road in the city for a month. This photograph was taken on Tuesday — FE photo by KAZ Sumon

Woman, three others get death sentences over murder of her husband in B'baria

A court has sentenced a woman and three accomplices to death over the 2009 murder of her husband in Brahmanbaria's Nabinagar Upazila, reports bdnews24.com Brahmanbaria Additional District and Sessions Judge Sheikh Sultana Razia declared the verdict on Tuesday. The convicts are Kohinoor Begum, Abul Khair, Golap Mia and Doha of...

State Minister for Women and Children Affairs addressing a human chain

State Minister for Women and Children Affairs addressing a human chain organised marking the Child Marriage Prevention Day in front of National Press Club Tuesday — Focus Bangla

US Ambassador to UN Nikki Haley resigns

UN Ambassador Nikki Haley has resigned, a personal familiar with the situation said on Tuesday, reports Reuters.Trump accepted the resignation, Axios news site reported, citing two sources familiar with the matter.Haley discussed her resignation with Trump last week when she visited him at the White House, these sources said."Big announcement...