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

Quota for FFs, their children, grandchildren to stay: PM

PATIYA (Chittagong), Mar 21 (UNB): Prime Minister Sheikh Hasina said the quota system in government jobs for freedom fighters, their children and grandchildren will continue.The Prime Minister made the announcement on Wednesday at a time when a section of students and job-seekers are agitating seeking reform of the quota system...

No 'quick fix' to Rohingya crisis

China has initiated genuine effort to find a durable solution to the Rohingya crisis through 'friendly negotiations and communications between Bangladesh and Myanmar', not to offer any 'quick fix'. Newly appointed Chinese Ambassador to Bangladesh Zhang Zuo reaffirmed his government's role as go-between for a comprehensive remedy for the problem...

Call to sustain economic reform

Bangladesh has challenges ahead in areas like health, education, and financing as the nation transitions from a least-developed country, speakers said Wednesday.They said that though LDC graduation is "a great achievement" for the country, it also faces the challenge for maintaining export income.The views came at a seminar on "Bangladesh's...

Celebration today for earning eligibility

All is set to celebrate today the historic achievement of the current government in making Bangladesh eligible for graduating from the group of Least Development Countries (LDCs), reports BSS. The Committee for Development Policy (CDP) of the United Nations on March 15 officially declared the eligibility of Bangladesh for graduating...

BB eases forex rules for shipping lines

The central bank has relaxed foreign exchange regulations allowing the shipping lines to issue bills of lading to the name of importers after receiving advance payment instead the name of banks earlier, officials said.Under the relaxations, authorised dealers (ADs) in foreign exchange banks will issue a certificate to the exporter...

The vanishing laundry

Somewhere in the middle of unpleasant diversion the world's determined stance against money-laundering has faltered. Banks have been fined, off-shore havens have been busted but few details have been revealed about the actors. It ranges from Asia's best rated Islami Bank Bangladesh to HSBC and dark hints at the roguish...

Thrust on protecting environment for sustaining water resources

Almost half of the country's wetlands have already disappeared and most of the domestic sewage and major portion of the industrial wastewater are being discharged into natural environment without treatment, according to experts. They said in the near future, the water of Shitalakhya river, the only usable surface water available...