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

Guidelines for FTAs, PTAs on the cards

The government has planned to frame a new guideline for preferential and free trade agreements to get prepared for the post-graduation period.Bangladesh is set to graduate from the least-developed country status by 2024 unless the United Nations defers it considering the pandemic-related disruptions.The ministry of commerce has of late taken...

'Fintech needed for digital BD'

There is a serious need for adopting financial technology or fintech in Bangladesh in line with the government's vision to establish a digital Bangladesh and ensure inclusive economic growth.Experts made the observations during a virtual discussion hosted on Saturday.They said the necessity of fintech is being deeply comprehended during the...

Competitors paddle traditional boats in a race in the river Karnaphuli in Chattogram during the Sampan Festival

Competitors paddle traditional boats in a race in the river Karnaphuli in Chattogram during the Sampan Festival on Saturday, organised by the Chattogram City Awami League marking the birth centenary of Bangabandhu Sheikh Mujibur Rahman — Focus Bangla

Teacher beheaded in Paris street, nine held

French police have arrested nine people after a suspected Islamist sympathiser beheaded a school teacher on the street of a Paris suburb on Friday, police sources said, reports Reuters.Investigators were trying to establish whether the attacker, who was shot dead by police, had acted alone or had accomplices. French media...

Ardern re-elected in New Zealand vote

Prime Minister Jacinda Ardern's centre-left Labour Party won a landslide victory in New Zealand's general election on Saturday as voters rewarded her for a decisive response to COVID-19, reports Reuters. The mandate means Ardern, 40, could form the first single-party government in decades, and face the challenge of delivering on...

Police arrest nine cheats defrauding bKash money

The Cyber and Special Crime Investigation Division of Dhaka Metropolitan Police (DMP) in an overnight raid has arrested nine alleged members of a gang engaged in defrauding money using bKash and mugging from different city areas and Gazipur, said a DMP spokesman on Saturday morning, reports BSS.The detainees were identified...

Coronavirus caseload rises to 387,295

The total number of coronavirus cases increased to 387,295 with 1,209 more people infected afresh in the country in last 24 hours ending on Saturday noon.According to Directorate General of Health Services (DGHS), the latest single-day infections came from a total of 11,573 samples tested during the same period and...

Thrust on reshaping risk management strategies

Speakers at a webinar on Saturday suggested the country's Islamic banks to reshape their risk management strategies to cope with the losses due to Covid-19 pandemic.They put forward the suggestion as the Islamic banks could not participate in the stimulus packages offered by the central bank and the government due...

Claims of capture of vote centres

The by-election to Dhaka-05 constituency ended on Saturday amid allegations of ousting polling agents of opposition candidates from multiple centres.Raising allegations against activists of the ruling-party candidates, opponents demanded a fresh vote for establishing voting rights of the people.The by-poll in the constituency following the death of Awami League lawmaker...

Setting min audit fees stressed

Speakers at a programme on Saturday suggested setting the lowest audit fees for banks, financial institutions and other corporate bodies.They also said audit firms should be allowed to provide non-auditing services through regulatory reform for the sector's better survival.The suggestions came at a virtual conference on 'Audit Regulatory Reforms in...

Daily global infections cross 400,000

More than 400,000 new coronavirus infections were declared across the world on Friday, a record number, according to a tally by Worldometer Saturday, report agency.A total of 413,121 new cases were reported, with 6189 new deaths. In Europe the number of cases rose sharply in a single week, by 44...