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

'Bulbul' set to hit early Sunday

The cyclonic storm 'Bulbul' is gradually becoming stronger and it is likely to hit the country's coastal regions in the early hours of Sunday, said meteorologists.The storm remained in the West Central Bay on Friday noon with an intensifying speed of 100-120 kph (kilometre per hour). It was gradually approaching...

China-funded mega projects veer off track

A number of China-funded mega infrastructure projects involving billions of dollars are not on track, with contractors and implementing agencies blaming each other for the slow progress.This has been identified in the review report of a recent meeting between the Bangladesh and Chinese sides.The meeting participated by senior officials of...

Cost, execution time double as RHD drags feet as usual

The Roads and Highways Department (RHD) has failed to complete a 15.5-kilomtre road widening project in two years' time.The department has now sought revision of the project titled the Nilphamari-Saidpur road-widening project seeking additional fund, equivalent to the original allocation. It has also sought extension of the project life for...

22 to vie for BB’s deputy governor post

A total of 19 senior bankers along with three professionals have applied for the post of a deputy governor of the Bangladesh Bank, officials said.The government-formed search committee on appointing the deputy governor is expected to meet at the central bank headquarters in Dhaka on Monday.A short-list from the applicants...

Six more EPZ goods up for local sale

The government has allowed the sale of six more products, made at the export processing zones (EPZ), in the local market by paying applicable taxes.The products are mainly electronics items manufactured by Op-Seed Co (BD) Ltd, a company headquartered in Tokyo, officials said.The products which were given the green light...

BD pays $987m to ACU for Sept-Oct imports

Bangladesh has made a routine payment of more than US$987 million to the Asian Clearing Union (ACU) against imports during the September-October period of this calendar year. After the payment, foreign exchange (forex) reserves fell to $31.60 billion on Thursday from $32.60 billion on the previous working day, according to...

Panchagarh road crash kills seven

PANCHAGARH, Nov 8 (UNB): Seven people were killed after a bus rammed into a three-wheeler in Magurmari area on Panchagarh-Tetulia Highway on Friday.The deceased were identified as Rafique, 28, of Cekormari village, Akbar Ali, 72, and his wife Nurima, 65, of Bodinajot village, Labu Islam, 25, and his wife Mukti,...

Briefing 09-11-2019

BIAC for ADR module in law examBangladesh International Arbitration Centre (BIAC) has urged the Bangladesh Bar Council to incorporate ADR module in the syllabus of written examination to admit persons as advocates on its roll. BIAC made the plea when Secretary of the Bangladesh Bar Council and Senior District &...