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

Muhith to sit with biggies on long-term financing

Finance Minister AMA Muhith said on Thursday the state of long term financing in the country still remains 'poor,' as many banks and financial institutions choose to go for short-term and medium-term lending.Keeping that in view, he said, he will take necessary steps to improve long-term financing for the sake...

PM for Nuremberg trial system for war criminals

Prime Minister Sheikh Hasina laid emphasis Thursday on introducing Nuremberg trial system in the country where there will be no need for any witness against war criminals, reports UNB."There's no need for any witness for the trial of war criminals as documents are there. Justices in Nuremberg didn't take any...

JS fails to play its role in curbing corruption: TIB

Jatiya Sangsad (JS) has failed to play its key role in curbing corruption and ensuring good governance and accountability, Transparency International Bangladesh (TIB) in its latest study report said on Thursday.Instead of giving more concentration on formulation of laws, the lawmakers spent most time on criticising the opposition parties, praising...

TCB cuts prices of three items

TCB reduced Thursday the prices of lentil, chickpeas and dates in its ongoing open market sale (OMS) programme across the country.The new price lists of the Trading Corporation of Bangladesh (TCB) will come into effect from today (Friday). "TCB decided to reduce the prices of the three essential items considering...

G2P payment system launched

Maternity allowances for the poor women were brought under mobile cash transactions as the government launched an electronic payment system on Thursday. Finance Minister AMA Muhith inaugurated the government-to-persons (G2P) payment system as the chief guest at a function held at the Ministry of Finance in the city on the...

BR loses Tk 20m every year

Bangladesh Railway (BR) loses Tk 20 million every year in terms of damage to trains and injuries of people due to incidents of stone-throwing at running trains.Railway Secretary Mohammad Mofazzel Hossain disclosed this on Thursday at a meeting held at Rail Bhaban. Railway Minister Mazibul Hoque was present.The railway secretary...

Higher import payments push taka rate down against dollar

The exchange rate of Bangladesh Taka (BDT) depreciated further against the US dollar Thursday mainly due to higher demand for the greenback for settling the import bills.The local currency depreciated by 10 poisha in the inter-bank foreign exchange (forex) market on the day, the market operators said.The US dollar was...

Dhaka Tribune official dies as bus runs over him in city

An official of Dhaka Tribune was killed as a bus ran over him after hitting his motorcycle on Mayor Hanif Flyover in the Jatrabari area on Thursday morning, reports UNB.The deceased was identified as Nazim Uddin, 32, senior executive of advertising department of Dhaka Tribune.Hafizur Rahman, officer-in-charge of Jatrabari Police...