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

H2 MPS to focus on job creation

The central bank has started taking preparations to formulate its next monetary policy, giving top priority on creating employment opportunities through boosting financing in the productive sectors.The priority was suggested at an internal preparatory meeting on the monetary policy statement (MPS) at Bangladesh Bank (BB) headquarters in Dhaka on Monday,...

31 entities win ICAB Award

A total of 31 entities won the ICAB National Award in 10 different categories for their best presented annual reports 2017. The Institute of Chartered Accountants of Bangladesh (ICAB) distributed the awards at a formal event held at a city hotel on Monday. The IDLC Finance Limited, a leading non-bank...

BD needs to ‘involve India, Bhutan, Nepal’ in hypdropower, water deals

India has its moral obligation to do justice to its next generation and neighbours and take serious steps to move ahead with a regional cooperation arrangement beneficial for the friendly neighbouring countries, said an adviser to the Bangladesh Prime Minister on Monday.Dr Mashiur Rahman, adviser to the Prime Minister on...

97.59pc pass PEC, 97.69pc Ebtedayee examinations

More than 97 per cent students have cleared this year's Primary Education Completion (PEC) and Ebtedayee examinations, reports UNB.The results, published on Monday, showed a 97.59 per cent pass rate among PEC candidates. Ebtedayee examinees did slightly better - in terms of percentage - with 97.69 per cent of them...

Nine candidates out of race as SC upholds HC order

The Appellate division of the Supreme court upheld on Monday a High Court (HC) order that stayed the Election Commission's decision allowing nine candidates, including eight BNP candidates, to contest the December 30 general election, reports UNB.Chamber Judge of Appellate Division Justice Md Nuruzzaman passed "no order" on separate writ...

Govt to seal off Rohingya camps

COX'S BAZAR, Dec 24 (AFP): Bangladesh will seal off refugee camps housing about one million Rohingya Muslims for three days around the country's tense general election this week, officials said Monday.Rohingya living in the southeastern border district of Cox's Bazar will not be allowed out of their settlements from Saturday.The...

Labour leaders urge agitating RMG workers to join work

Labour leaders of the country's readymade garment sector on Monday again called on all agitating workers to join their work and continue the production activities peacefully. They also assured that the labour federations would extend all-out support to resolve any issue after the national election scheduled to be held on...

BPDB signs deals with DPDC, REB

State-run Bangladesh Power Development Board (BPDB) signed Monday electricity sales and purchase deals with two state-owned electricity distribution companies -- DPDC and REB -- to ensure smooth electricity trade.Under the deals, the BPDB would sell electricity to Dhaka Power Distribution Company Ltd (DPDC) and Rural Electrification Board (REB) , while...

Nawaz Sharif gets seven yrs in jail for graft

Former Pakistani Prime Minister Nawaz Sharif has been sent back to jail after a fresh corruption conviction, reports BBC.The anti-corruption court in Islamabad gave Sharif a seven-year term for investments beyond his declared assets.Sharif, who denies wrongdoing, was jailed in July in a different corruption case but bailed on appeal...

614 appointed executive magistrates for election duty

Some 614 administration cadre officials have been appointed as executive magistrates to check the violation of the electoral code of conduct and other crimes, and maintain the law and order during the forthcoming general election, reports UNB.The Public Administration Ministry issued a notification on Monday in this regard.The executive magistrates...

India delivers fourth tranche of Rohingya relief aid

India has said it is committed to continuing to "respond swiftly to any crisis" in Bangladesh, in keeping with the close ties of friendship between the two countries, reports UNB.The Indian High Commission in Dhaka said this on Monday as India has started delivering a fourth tranche of Indian relief...