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

Govt focuses on less current expenditure

The government has moved to reduce its current expenditure with a focus on increasing capital expenditure to stimulate economic growth and offset the impact of COVID-19 pandemic, according to an official document.Public expenditure broadly includes all government consumption, investment and transfer payments. Current expenditure and capital expenditure are the two...

'Branch Manager Conference-2021' of Palli Sanchay Bank

Khondokar Ataur Rahman, Managing Director of Palli Sanchay Bank, attends as the chief guest the 'Branch Manager Conference-2021' held recently at the YEWCA auditorium in Gopalganj with the participation of branch managers of the bank's Madaripur, Shariatpur and Gopalganj district regional offices

National Textiles Day today

"National Textiles Day-2021" will be observed today (Saturday) in the country with the theme 'Globalization of Textile Sector - Development of Bangladesh', reports BSS.The Ministry of Textiles and Jute has taken an elaborate programme to mark the day, according to an official release on Friday.President M Abdul Hamid and Prime...

Bills, installment of Runner Motorcycles can be paid through Nagad

Nagad users can now pay all kinds of bill including installments of Runner Automobiles and customers also can enjoy EMI facilities by using the bill payment option of the mobile financial service, reports BSS.The agreement between Nagad and Runner will reduce the hassle of moving with cash for transactions, which...

Project for promoting young entrepreneurs to be launched today

A project on "Capacity Building of Universities in Bangladesh to Promote Youth Entrepreneurship (PYE)" will be launched today (Saturday) at the Dhaka University Central Playground, the venue where the university is celebrating its 100 years centenary, reports BSS.The Government-to-Government modality project under the Education Ministry will be implemented by the...

IMF chief economist taking top leadership role

WASHINGTON, Dec 3 (AFP): The IMF's high-profile chief economist Gita Gopinath next month will become the number two official at the Washington-based crisis lender, the fund announced Thursday.Gopinath will succeed Geoffrey Okamoto as first deputy managing director, serving under IMF chief Kristalina Georgieva-the first time two women have held the...

US averts government shutdown one day ahead of deadline

WASHINGTON, Dec 3 (AFP): The US Congress approved a stopgap funding bill Thursday in a rare show of cross-party unity to keep federal agencies running into 2022 and avert a costly holiday season government shutdown.With the clock ticking down to the 11:59 pm Friday deadline, the Senate voted by 69...

Annual Turkish inflation surges to 21.31 per cent in November

ANKARA, Dec 3 (AFP): Turkey's annual inflation rate jumped over 20 percent in November, official data showed Friday, after a currency crisis last month when the Turkish lira hit record lows against the dollar. Consumer prices climbed to 21.31 percent from the same period in November last year, up from...