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

Bangladesh about to meet LDC graduation criteria

Bangladesh is set to get the qualifying marks for LDC graduation when the UN policy body sits for a review of the country status today (Tuesday). The 20th plenary meeting of the Committee for Development Policy (CDP) of the United Nations will reappraise the country's development indicators when it resumes...

Fire guts thousands of houses at Mirpur slum

A devastating fire destroyed several thousand houses at a slum in the city's Mirpur-12 area during early hours of Monday.The incident left one elderly woman injured and thousands of people homeless at the slum located near Pallabi Jheel, witnesses said.They also said the fire broke out at around 3.00 am...

Focus on banking sector reform, curbing unemployment

Economists and professionals suggested the government on Monday to highlight unemployment problem and to bring the banking sector under reform in the upcoming national budget.They also proposed to curb loan default trend in the election year and to impose penalty for time and cost overrun of the government's development projects.The...

BD China’s ‘important partner’ in ‘Belt and Road Initiative’

China attaches great importance to Bangladesh and considers it as a very important friend, especially in the former's flagship development agenda.Such assertion came from newly appointed Chinese Ambassador to Bangladesh Zhang Zuo Monday after a meeting at Bangladesh's foreign ministry. "Bangladesh is an important country in South Asia and a...

Extraordinary World Council of the International Chamber of Commerce

ICC Bangladesh President Mahbubur Rahman, Vice President Latifur Rahman and Secretary General Ataur Rahman, among others, attend the Extraordinary World Council of the International Chamber of Commerce (ICC) held in Tokyo recently.

Water woes may not be far away!

It was never conceivable that the affluent society in Cape Town, South Africa, would have to face water crisis. Residents enjoying the pomp and comfort of a regal life with in-house pools and sprinkling fountains in and around the metropolis have to now scramble for rationed water. In Malaysian city...

BB strengthens forex support to banks, sells $55m

The central bank has strengthened its foreign currency support to the commercial banks to settle their import payment obligations, particularly for fuel oils, officials said.As part of the move, the Bangladesh Bank (BB) sold US$ 55 million directly to two commercial banks on Monday to meet the growing demand for...

Myanmar building military bases where Rohingya once lived: AI

After driving nearly 700,000 Rohingya Muslims out of the country, Myanmar's military is building bases where some of their homes and mosques once stood, Amnesty International (AI) said on Monday, citing new evidence from satellite imagery, reports Reuters.A harsh security response to “attacks” by Rohingya insurgents on Aug 25 sent...

Anxious relatives wait for updates, condolences pour in

Shocks and condolences poured in after Monday's deadly crash of a US-Bangla aircraft in Nepal that left 50 people, including Bangladeshis, dead.President Abdul Hamid and Prime Minister Sheikh Hasina expressed deep shock at the crash. Hasina also phoned her Nepalese counterpart after the crash and assured him of all help.Two...