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

Foreign funding hits snag on guarantee agency’s objection

The prospect of building the country's largest urea fertilizer factory at Ghorashal has become somewhat uncertain following an objection raised by the Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group. The MIGA's objection relates to high air and pollution caused by the existing Ghorashal Fertilizer Factory...

Flooding worsens in 15 districts

The flood situation worsened in 15 districts of the country on Saturday as most of the rivers continued swelling amid incessant rain in both downstream and upstream areas.The districts are Netrakona, Sunamganj, Habiganj, Moulavibazar, Sylhet, Chattogram, Cox's Bazar, Bandarban, Feni, Bogura, Lalmonirhat, Kurigram, Jamalpur, Gaibandha and Nilphamari, according to the...

Rain pushes veg, chilli prices up

Prices of vegetables, particularly green chilli, increased significantly on Saturday in what traders ascribed to days of rain that hits many districts.Heavy downpour was lashing over the country for the last few days, overflowing rivers and inundating vegetable fields, they said.Green chilli prices climbed to Tk 150-180 a kilogramme (kg)...

Lightning strikes kill 10 in four districts

At least 10 people were killed by lightning strikes in Pabna, Chuadanga, Rajshahi and Mymensingh districts on Saturday, reports UNB.In Pabna, thunderbolt left four people, including three of a family, dead at Pachuria village in Bera upazila at noon.The deceased were identified as Motaleb Hossain, 50, his sons Fakir Sardar,...

Minimum value for customs assessment made neutral

The National Board of Revenue (NBR) has introduced a country-neutral minimum value for customs assessment from the current fiscal year (FY) with an upward revision for the majority of products.Minimum value is a threshold that customs authority determines through issuing Statutory Regulatory Order (SRO) for the assessment purpose.In the Finance...

DC conference begins today

The annual conference of the deputy commissioners (DCs) will begin today (Sunday). Prime Minister Sheikh Hasina will inaugurate the conference at the Shapla Hall of the Prime Minister's Office (PMO) at 10.00 am. After the inauguration session, the Prime Minister will join an open-discussion with the deputy commissioners. The five-day...

Biman staffer held with 38 gold bars at HSIA

Airport police arrested on Saturday traffic helper of Bangladesh Biman with 38 gold bars weighing about four kilograms at Hazrat Shahjalal International Airport (HSIA). Additional Police Super of Airport Armed Police Battalion (APBn) Md Alamgir Hossain Shimul confirmed about the arrest of Biman staff and seizure of gold bars saying...