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

Foreign-aid budget to see cuts for slow project execution

The government cuts foreign-aid component of Bangladesh development budget by 9.0 per cent or Tk 49.50 billion for project-implementation backlog, officials said. They said Tuesday the upcoming revised development budget for the current fiscal would see such cut following bleak project-execution performance by some public agencies.Economic Relations Division (ERD) officials...

Export earnings rise 6.55pc in July-Jan

The country's export earnings maintained a moderate growth of 6.55 per cent during the first seven months of the current fiscal year (FY), 2017-18.The export earnings stood at US$21.32 billion during the July-January period of FY 18, which was $20.01 billion in the corresponding period of last fiscal, 2016-17, according...

Outsiders sweep board clean booking most BD trademarks

Non-resident companies occupied nearly 72 per cent of all registered trademarks in Bangladesh, almost sweeping the board clean, official statistics show.People familiar with the developments told the FE that this occurred mainly because of a lack of awareness among the local entrepreneurs about such "important intangible assets".According to statistics prepared...

Vehicles ply Mogbazar-Mouchak Flyover in Dhaka at high risk

Vehicles ply the Mogbazar-Mouchak Flyover in Dhaka at high risk, as many of the infrastructure's installed lights went off just after some days of its inauguration. The photo was taken from Razarbag area on Tuesday. — FE Photo by KAZ Sumon

BPC suffers Tk 5.0b loss in last three months

Bangladesh Petroleum Corporation (BPC) has incurred a loss of over Tk 5.0 billion in fuel oil trading over the past three months to January as the price of the petroleum products in the international market continued upward trend, officials said.Presently, it is incurring a loss more than Tk 100 million...

Editors' Council airs concern over draft Digital Security Act

The Editors Council has expressed its deep concern and anguish over the proposed Digital Security Act containing the controversial provisions of the ICT Act and some new harsh clauses.At a meeting at the Daily Star Centre on Tuesday, the editors of the national dailies called on the government to scrap...

News Watch (07-02-2018)

175,000 children go online for first time everyday: UnicefMore than 175,000 children are going online anew every day - a new child every half a second, says the UNICEF in a statement on Tuesday. Laurence Chandy, UNICEF director of Data, Research and Policy, said, "While governments and the private sector...