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

RMG failing to move apace with BD economic progress

FE ReportThe extent of social upgradation Bangladesh's apparel sector has attained over the last five years is unable to keep pace with the desired progress on the economic front, risking its sustainability, a study reveals.Such uneven situation has posed a threat to the long-term sustainability and competitiveness of the largest...

Prof Zafar Iqbal comes under knife attack

Prof Muhammed Zafar Iqbal suffered head injuries in a knife attack on him on Saturday at the Shahjalal University of Science and Technology (SUST) in Sylhet.He was later stated to be out of danger, but the famed writer was still scheduled to be taken to the Combined Military Hospital (CMH)...

Making new income tax law loses gear in election year

Enforcing a new income-tax law from the upcoming fiscal year to fill a void looks uncertain in the election year, sources said. The revenue board has adopted a go-slow strategy over completing the draft of the new law, taking a tipoff from government side, sources said. Sources concerned think the...

Bhola in sight as potential natural gas 'hotspot'

FE Report Speakers at a seminar on Saturday expressed their reservation about both estimate of gas reserve and the rate of its depletion in the country. They found the reserve underestimated and the rate of depletion over-stated.The experts said hydrocarbon exploration activities both onshore and offshore were not enough as...

IMF warns Trump tariffs to hit US, global economies

WASHINGTON, Mar 3: The International Monetary Fund warned Friday that the steel and aluminum tariffs announced by President Donald Trump would harm the US and global economies. "The import restrictions announced by the US President are likely to cause damage not only outside the US, but also to the US...

Vietnamese President arrives today

Vietnamese President Tran Dai Quang arrives in Dhaka today on a three-day state visit to bolster relations with Bangladesh. President M Abdul Hamid will welcome his Vietnamese counterpart at the Hazrat Shahjalal (R) International Airport at about 4:00 pm where he will be given a red carpet reception, President's Press...

S Arabia detains Biman crew with drugs

Saudi Arabian law enforcers have detained two Biman Bangladesh Airlines crew members with banned drugs with them from a Riyadh hotel. The two Bangladeshi nationals, Mamun Shishir aka Ferdous, 30, and Arif Pathan Rahit, 30, were detained from the Radisson Blue hotel on Feb 27. Biman Bangladesh Regional Manager in...