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IMF picks holes in NBR revenue reform plan

Bangladesh, Sept. 29 -- The International Monetary Fund (IMF) has found flaws in the proposed revenue-sector reforms tagged to the next credit programme for Bangladesh, officials said. Advertisement ... Read More


Bangladesh Bank introduces regulatory framework for Islamic credit card operations

Bangladesh, Sept. 29 -- Bangladesh Bank (BB) has introduced a comprehensive regulatory framework for Islamic credit card operations, aiming to ensure Shariah compliance, customer protection, transpare... Read More


ECNEC approves Tk 158.24b for 13 projects

Bangladesh, Sept. 29 -- The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved a Tk 12.76 billion project to strengthen financial sector transparency along with 12 others... Read More


Financial sector safeguard project up for govt approval

Bangladesh, Sept. 29 -- A financial-sector project for promoting technology-enabled banking to check NPL buildup and fiscal scams is up for government seal of approval, officials say. Advertisement C... Read More


BSEC allows five banks to raise Tk 35b through bonds

Bangladesh, Sept. 29 -- The securities regulator has allowed five listed banks to raise a combined Tk 35 billion through bonds, mainly to strengthen their Basel III Tier-II capital and finance green a... Read More


Stocks open higher after three-day plunge

Bangladesh, Sept. 29 -- Stocks opened higher on Tuesday as investors continued to show buying interest in recently beaten-down shares at relatively attractive prices, although trading remained cautiou... Read More


Unified back-office software a must to prevent brokerage fraud, says BSEC chief

Bangladesh, Sept. 29 -- The chief of the securities regulator has asked all brokerage houses to deploy a unified back-office software system to prevent embezzlement of investors' money and the recurre... Read More


Lafarge Holcim outlines bio-drying project for Sylhet waste segregation

Bangladesh, Sept. 29 -- Lafarge Holcim Bangladesh (LHB) has outlined a plan to launch a bio-drying project to reduce moisture in municipal solid waste to ensure effective plastic waste segregation. A... Read More


BERC to scrutinise utilities' finances, enforce project approval rules

Bangladesh, Sept. 29 -- The Bangladesh Energy Regulatory Commission (BERC) will conduct a fresh review of the financial statements of power and energy sector companies and has moved to enforce mandato... Read More


Labour experts, trade union leaders call for wider EIS coverage

Bangladesh, Sept. 29 -- Labour experts and trade union leaders on Tuesday called for extending the Employment Injury Scheme (EIS) to all industrial sectors and bringing informal economy workers under ... Read More