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

Slow progress in project execution irks ADB

The Asian Development Bank is going to be tougher on funding Bangladesh's development recipe as the financier reviews a slew of slow-moving projects this month, officials said Friday.Just one-and-a-half-month ago, the Manila-based lender also scrutinised those projects and took a critical view of their weak implementation trajectory, they added.The ADB...

BD wants to work for global community: PM

PARIS, Nov 12 (BSS): Prime Minister Sheikh Hasina today expressed Bangladesh's desire to contribute to the socio-economic development and technological advancement for the betterment of the global community.Acknowledging the 'kind support' of the international community in the development of her country over the decades, she said, "We also wish to...

Saudi co seeks to invest in Patenga terminal

Saudi Arabian port developer Red Sea Gateway Terminal (RSGT) has intensified efforts to mark its footprint in Bangladesh's port sector by investing in under-construction Patenga Container Terminal (PCT) in Chattogram.A delegation, led by RSGT global investment director Gagan Seksaria, sat with shipping ministry officials in Dhaka on Thursday where they...

Cabinet Div moves on tea auction centre in Panchagarh

A top-level move has been made to set up a new tea-auction centre in Panchagarh to ensure profitable trade in the widely consumed drink, which now grows in plenty in northern plains, officials said.The Cabinet Division has asked the commerce ministry to take steps regarding the proposed auction centre by...

Destiny tries for a comeback

Scam-tainted multi-level marketing (MLM) company Destiny 2000 Ltd has sought approval to operate its business again, aiming to protect the interests of 4.5 million families.Chief Executive Officer (CEO) of the company Dr Mohammad Shamsul Haque Bhuiyan has recently requested the commerce ministry in this regard, according to a letter of...

Covid claims five more lives

The daily death toll from Covid-19 rose further to five in Bangladesh on Friday from the previous day's single.However, 221 new cases have been reported in the past 24 hours until 8:00 am on the day against Thursday's 237, says the Directorate General of Health Services (DGHS).With the latest tallies,...