The Planning Commission (PC) has finalised a Tk 2.02 trillion Annual Development Programme (ADP) for the upcoming fiscal year, allocating more than one-fourth of the outlay for the transport sector, officials said.At an extended meeting on Wednesday, the PC finalised the development budget outlay for the fiscal year (FY) 2019-20,...
Read moreThe central bank has relaxed regulation allowing foreigners to open temporary non-resident Taka account (NRTA) with any scheduled bank along with authorised dealer (AD) bank branches to facilitate foreign direct investment (FDI) in Bangladesh.Under the relaxation, interested foreign investors are now allowed to deposit their funds in the name of...
Read moreFinance Minister A H M Mustafa Kamal said the central bank will issue a revised guideline soon on default loan rescheduling."What we've pledged so far (on rescheduling of default loans) will be stated in the guideline," he told newsmen after a meeting of the Cabinet Committee on Public Procurement on...
Read moreThe lock-in period applicable to non-general shareholders will remain in place from the date of debut trading instead of issuing IPO prospectus.Lock-in is a predetermined amount of time after an initial public offering where large stakeholders are restricted from selling their shares.The decision was taken Wednesday at a meeting held...
Read moreA Biman Bangladesh Airlines flight from Dhaka to Yangon skidded off the runway while landing at Yangon Airport in Myanmar on Wednesday evening, leaving all of its 30 passengers injured, reports UNB.“A Biman Bangladesh Airlines flight from Dhaka to Yangon skidded off the runway while landing this evening. Weather was...
Read moreAn engine boat loaded with fresh vegetables crossing the Buriganga river to go to Shyambazar wholesale market in the city on Wednesday. The photograph was taken in Postagola area — FE photo by Shafiqul Alam
Read morePedestrians walking past a barricade put up on a road at Demra by jute mills workers who continued their protests for the third day on Wednesday to press home their demands — Collected
Read moreChinese man held with Tk 12m gold in Ctg CHATTOGRAM, May 8: Customs officials arrested a Chinese national with 24 gold bars worth about Tk 12.0 million from Shah Amanat International Airport on Wednesday. The arrestee was identified as Fan Rongui. He arrived in Chattogram on board a flight (BG-148)...
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