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

Two power projects face scrapping?

FHM Humayan KabirThe government is in a quandary over whether or not to discard Tk8.56 billion-worth two power projects as the executing agency only bought cars but failed to start work in five years, officials said.According to them, the project-execution agency, Bangladesh Power Development Board (BPDB), however, purchased cars in...

Limited strength hampers city kitchen market monitoring

Monitoring activities in the city's kitchen markets are being hampered seriously due to lack of required law enforcers during the drives carried out by monitoring teams, officials concerned said.Presently, no police reserve force is available for conducting the kitchen market monitoring in the city, they said. They have to collect...

US to continue backing BD in addressing Rohingya crisis

DHAKA, Feb 18 (BSS): The United States has assured Bangladesh of its continued political and humanitarian support in addressing the man-made crisis ensued following the influx of over a million of Rohingyas in Bangladesh.The assurance came when Foreign Secretary Md Shahidul Haque held a meeting with Deputy Assistant to the...

Govt finalises bldg code, says minister

The government is set to issue a gazette notification soon as it has finalised national building code, said Housing and Public Works Minister Engineer Mosharraf Hossain on Sunday. "The government will soon publish the gazette notification on Bangladesh National Building Code (BNBC)," he said while speaking at a programme titled...

Azizur Rahman Khan, Mahbub Hossain get BB Award 2017

Dr Azizur Rahman Khan and Dr Mahbub Hossain (posthumous) have jointly received the Bangladesh Bank (BB) Award 2017 in recognition of their contribution to the economy.Mr Khan is Professor Emeritus of University of California, USA, and Mr Hossain was former executive director of Brac.Finance Minister A M A Muhith handed...

Indian bank suffers fraudulent remittances via SWIFT

MUMBAI, Feb 18 (Reuters): India's City Union Bank Ltd has said it has suffered three "fraudulent remittances" of nearly US $2.0 million that had been pushed through the SWIFT financial platform.City Union said the transfers had been made through correspondent banks even though the Indian lender had not requested the...

HSIA aborts SI’s air travel sans document

A sub-inspector (SI) of police, Ashikur Rahman, was handed over to the Dhaka range of police after he was detained from a Thai Airways flight at Hazrat Shahjalal International Airport (HSIA).He was allegedly trying to travel with the Bangkok-bound flight (TG-340), which was scheduled to take off at 2:00 am...

Badda murder suspect dies in shootout

An alleged criminal was killed in a shootout with the Detective Branch (DB) of police at Badda in the city early Sunday, reports UNB.The gunfight ensued early in the morning when the criminals fired gunshots at DB men forcing them to retaliate soon after they had reached the Projapati Garden...