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

Government for phased rollout of pay scale

The government is likely to begin implementing a new national pay scale from the next fiscal year by introducing the revised basic salary structure in full, while housing and other allowances are expected to be rolled out in phases over the following two years. According to officials familiar with the...

BR plans expansion drive with Tk 840b projects

Bangladesh Railway (BR) is set to undertake a major expansion programme involving 13 new projects worth Tk 839.9 billion, with a focus on track development, gauge unification, procurement of coaches and locomotives, and modernisation of maintenance facilities.Officials said most of the projects are either at the feasibility study stage or...

$400m Mongla port deal likely as BD seeks $6.0b funding

Bangladesh is likely to sign a US$400-million loan deal with China for Mongla seaport development as the government might seek nearly US$6.0 billion worth of funding for different projects and programmes, officials say.The two sides would sign the loan deal for Mongla port development during the 4-day visit of Prime...

Army deployed in 6 dists ahead of AL anniv

The government has deployed army personnel in six key districts and metropolitan areas to help maintain law and order and prevent any acts of sabotage ahead of the founding anniversary of the Awami League, whose activities remain banned.According to an official letter issued by the Ministry of Home Affairs on...

A child diagnosed with dengue receives treatment at Mugda Medical College Hospital

A child diagnosed with dengue receives treatment at Mugda Medical College Hospital in the capital on Monday. Official data show that a woman died from the mosquito-borne disease at a hospital in the Dhaka North City Corporation area during the 24 hours until 8:00am on Monday. A total of 139...

No politics over Islami Bank to be tolerated: BB

Bangladesh Bank on Monday declared that no political activities or vested interest-driven motives will be tolerated surrounding Islami Bank Bangladesh. The central bank also assured that a fresh, acceptable board of directors consisting of honest, qualified, and highly competent individuals will be formed very soon to manage the institution. Bangladesh...

US-Iran talks lay 'good foundation' for final peace deal: Vance

BUERGENSTOCK, Switzerland, June 22 (Reuters): US Vice President JD Vance said on Monday talks with Iranian officials in Switzerland had laid a "good foundation" for a final peace deal, despite tensions over the Strait of Hormuz and Lebanon.The two sides, trying to build on an interim deal signed last week,...

Death toll rises to 683

Three more people died from measles-like symptoms in the past 24 hours until 8:00am on Monday, raising the total death toll to 683 since mid-March.Of the total fatalities, 93 were laboratory-confirmed measles cases. Among all confirmed and suspected deaths, 307 were reported in Dhaka, according to the latest bulletin of...

Mild quake jolts Dhaka, elsewhere

A mild earthquake measuring 4.0 on the Richter scale jolted the capital Dhaka, as elsewhere in the country at around 9:28 pm on Monday.The epicentre was located in Rupganj, Narayanganj -- about 16 kilometres east of The Bangladesh Meteorological Department (BMD) office at Agargaon, it was learnt.No casualties and damages...