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

‘Large infrastructure projects should target foreign investment’

The government's recent emphasis on large and costly infrastructure projects should ultimately be aimed at ensuring increased foreign investment in the country, experts said at a seminar in the capital on Tuesday. At the same time, increasing workforce productivity as well as presence of appropriate policies and institutions is vital,...

BD eyes $15b Saudi investment

Bangladesh eyes investment worth around US$ 15 billion from Saudi Arabian investors, as a high-profile delegation of the country is going to arrive in Dhaka today (Wednesday)."We are expecting a substantial amount of investment from the Saudi investors through this visit, which will be a crucial one," Foreign Minister Dr...

Jan-Feb point-to-point inflation on upswing

The rate of inflation on a point-to-point basis maintained an upward trend during the last couple of months with a higher percentage posted in February.In February, the rate of inflation rose to 5.47 per cent from 5.42 per cent in the previous month, shows the data of the Bangladesh Bureau...

NBR halts instant e-BIN issuing

The National Board of Revenue (NBR) has suspended instant issuance of online BIN to businesses after it found piles of fake information in the existing e-BIN registration documents.From now on, the VAT officials will verify online application of the businesses and issue Business Identification Number (BIN) within two-three days.However, the...

Non-profits’ part in economy growing

The contribution of non-profit organisations to the national economy has been substantial in recent years as the sub-sector is growing rapidly.Such non-profits tend to provide services rather than produce goods and they still consume goods and services just as a private company does.It usually happens when an economy booms.Non-profits like...

Imports up by 10pc, trend may continue ahead of Ramadan

Bangladesh's overall imports grew by nearly 10 per cent in the first seven months of this fiscal year (FY), 2018-19, following higher imports of intermediate goods and fuel oils, officials said.The actual import in terms of settlement of letters of credit (LCs) rose to US$32.60 billion during the July-January period...

Doctors thinking of bypass surgery on Quader

Physicians in Singapore's Mount Elizabeth Hospital are contemplating performing a bypass surgery on Roads and Bridges Minister Obaidul Quader, report agencies.The Awami League general secretary is currently in a stable condition but was diagnosed with a combination of kidney and blood ailments, said Prof Abu Naser Rizvi of Bangabandhu Sheikh...

Divers of Fire Service searching

Divers of Fire Service searching for a youth named Sohag in the lake adjacent to Road No. 1 of Banani in the city on Tuesday. The youth went missing at around 11pm on Monday night — FE photo

News Watch- (06-03-2019)

Identity card to be compulsory soon for rly travel Railways Minister Nurul Islam Sujan said on Tuesday identity card is compulsory for travelling on the Dhaka-Chattogram route by Sonar Bangla Express. "Gradually, it'll be made mandatory on all rail routes," he said. Sujan ordered the railway authorities to improve the...