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

Sufferings compound as floodwater receding

Water continued to recede from the flood-affected south-eastern districts but rescue and relief operations were still facing difficulties until Thursday, while sufferings of the people mounting with rising concerns over snake bites.The death toll rose to 52 that included 39 men, six women, and seven children due to the deluge...

Students show special volunteering skills

In an unprecedented show of management skills, the students of Dhaka University have been collecting and disseminating relief goods to flood-hit eastern and south-eastern regions of the country.It has been five days and the flood situation has improved a little, but hundreds of people with cash and kind are still...

Election roadmap after reforms, hopes BNP

The Bangladesh Nationalist Party (BNP) on Thursday expressed its hope that the transitional government would announce an election roadmap after exhausting necessary state reforms.BNP secretary general Mirza Fakhrul Islam Alamgir said this after meeting the chief adviser to the interim government, Prof Dr Muhammad Yunus, at the state guest house...

Bangladesh needs to rewrite constitution: Ali Riaz

Bangladesh needs to rewrite its constitution to streamline its institutions and ensure the continuation of its path towards democracy, said Ali Riaz, a distinguished professor in the Department of Politics and Government at Illinois State University in the USA, on Thursday."My personal opinion is that the constitution needs to be...

Black money whitening at 15pc tax blocked

Blocked now is the window of opportunity for whitening 'black money' by paying 15-percent tax at a flat rate, following widespread contentions over the scheme.The interim government, which replaced the immediate-past regime following a student-mass uprising, made the decision Thursday amid a wind of change blowing around. Whitening undisclosed cash,...

Prof Yunus seeks Swiss support to bring back money

Interim government Chief Adviser Professor Muhammad Yunus on Thursday sought cooperation from Switzerland to bring back money stolen from Bangladesh, reports UNB.Professor Muhammad Yunus raised the issue when Ambassador of Switzerland Reto Renggli paid a courtesy call to him at his office at State Guest House Jamuna."Is there any way...

Upward trend in remittance inflow

Bangladesh is showing an upward trend again in remittance sent by expatriates and exceeded US$ 2 billion in 28 days of August, reports UNB.According to Bangladesh Bank's updated report on remittance as of August 28, expatriate Bangladeshis sent $2.07 billion to the country through the formal channel. In the same...

8 ministers, 6 MPs barred from leaving country

Eight former ministers and six members of parliament from the ousted Awami League government have been prohibited from leaving the country following a mass uprising by students and the public.The order was issued by Dhaka Metropolitan Sessions Judge As-Sams Jaglul Hossain on Thursday in response to a petition from the...

Mexican central bank downgrades growth forecast to 1.5%

MEXICO CITY, Aug 29 (AFP) : Mexico's economic growth is expected to slow to 1.5 percent this year amid an uncertain global outlook, the central bank said Wednesday, downgrading its forecasts for Latin America's second-largest economy."External demand will continue making a low contribution to Mexico's growth during 2024 as the...

3,304 looted arms recovered till Aug 29

Law enforcers have recovered 3,304 arms looted in recent times from police stations, police lines, police outposts and other places, till August 29 (Thursday), reports UNB.Police headquarters shared this information this afternoon.Moreover, a total of 2,50,974 rounds of bullets, 21,595 tear gas shells, and 1,939 sound grenades have been recovered...