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

Ready to work on Rohingya repatriation: EU to Suu Kyi

Two UN special advisers have called upon the government of Myanmar to take immediate action to stop and address the commission of "atrocity crimes" that are reportedly taking place in northern Rakhine state, report agencies.The expression "atrocity crimes" is used by the UN Special advisers to refer to three crimes...

Complexity over commission payment delays Japanese ODA loan release

Release of nearly US$ 1.64 billion worth of pledged Japanese ODA loans for Bangladesh's six projects is being delayed due to complexity arisen over the payment of bank commission, officials said."A meeting has been held on the issue of commission recently. Bangladesh Bank (BB) and Bank of Tokyo-Mitsubishi UJF Ltd...

Xi consolidates power with new ideology

China's President Xi Jinping has created his own political ideology, in a step towards entrenching his position at the top of the Communist Party, reports BBC.Top officials have made multiple mentions of "Xi Jinping Thought" at the Communist Party Congress.The party is widely expected to rewrite its constitution to enshrine...

11-member body to file review petition

A 11-member committee has been formed led by the Attorney General Mahbubey Alam for filing a review petition against the Supreme Court's 16th amendment verdict, reports UNB.Attorney General Mahbubey Alam said that the attorney general office formed the committee seven days ago and its members are now examining the SC...

Suicide blast in Shia mosque kills 30

A suicide bomber has killed at least 30 people inside a Shia mosque in the Afghan capital Kabul, officials say, report agencies.An eyewitness at the scene at the Imam Zaman mosque, in the west of the city, said, "looks like a front line".The attacker is reported to have opened fire...

Final phase of Mouchak flyover set for opening on October 26

The final phase of Dhaka's Mouchak-Moghbazar flyover will be inaugurated on October 26, reports bdnews24.com. The new road will connect neighbourhoods in Razarbagh and Shantinagar to Moghbazar via Mouchak.Prime Minister Sheikh Hasina will inaugurate the final part of the flyover through video call, said project director Susant Kumar Pal. "The...

US Senate passes budget in first step toward tax overhaul

WASHINGTON, Oct 20 (AFP): The US Senate narrowly passed a 2018 federal budget Thursday, clearing the way for President Donald Trump's controversial tax overhaul that includes $1.5 trillion in tax cuts.The Republican measure, which passed along party lines, is a largely symbolic gesture. But importantly, it includes special instructions that...

A woman takes a polythene bag as a shield against rain

A woman takes a polythene bag as a shield against rain while riding a motorbike with a man at Purana Paltan amid downpour that paralysed normal life in the capital and elsewhere across the country on Friday. — FE Photo by Shafiqul Alam