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

Action against people involved in irregularities to continue: PM

NEW YORK, Sept 29 (UNB): Prime Minister Sheikh Hasina said action against people involved in irregularities will continue irrespective of their political affiliations."Let me tell you one thing very clearly, if anyone makes money through dishonest way, if that person's dishonesty, indiscipline and irregularities get caught, then whoever that person...

B’desh a hotspot for investment: Kamal

The country has become a safe haven for investment due to its demographic dividend, lower production cost, and geographical location, Finance Minister AHM Mustafa Kamal said on Sunday. "Bangladesh is situated in the middle of two largest economies in the world -- China in the east and India in the...

Working team meets to finalise draft

Member states of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) began a parley in the city on Sunday to finalise the draft of the trade facilitation agreement (TFA) document for the seven-nation grouping.Finalisation of the TFA is important to pave the way for free trade...

TIB finds partiality in govt relief progs

The Transparency International Bangladesh (TIB) has found irregularities and nepotism in relief programmes conducted by government agencies in the 28 flood-affected districts this year.Even parts of the allocated relief funds were used as visit costs of ministers in marooned areas, TIB executive director Iftekharuzza-man told a press conference on Sunday.The...

Myanmar rejects call for Rohingya 'safe zone'

Myanmar has rejected calls to establish a 'safe zone' for its minority Muslim Rohingya community and urged Bangladesh to carry out the repatriation of the refugees in accordance with a bilateral agreement between the neighbouring countries, reports bdnews24.com.Addressing the UN General Assembly Saturday, Kyaw Tint Swe, Myanmar's minister for the...

Govt selects 48 CIPs for 2017

The government has selected 48 businesspersons under nine categories as commercially important persons (CIPs) for the year 2017 in recognition of their contributions to the national economy by establishing factories and creating employments. The government issued a gazette notification to this end on September 26. The names of the CIPs,...

Saraca's raw material for heartburn drug Ranitidine banned

The Directorate General of Drug Administration (DGDA) has "temporarily" banned the import of raw material for making Ranitidine hydrochloride tablets from India's Saraca Laboratories Ltd.The government also banned the production and marketing of Ranitidine tablets, mostly used to treat ulcers of the stomach, using the raw material of Saraca, Director...