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

US looks to open commercial office in Dhaka

The United States is looking into the possibility of opening a separate commercial office in Dhaka as the world's largest economy seeks boost its trade ties with Bangladesh, the outgoing envoy said on Monday.The US Department of Commerce has already assigned an official for evaluating the possibility of establishing such...

Trade deficit crosses $18b

The country's trade deficit passed the $18 billion mark in fiscal year (FY) 2017-18 mainly due to higher import payments than lower export receipts.Officials said the trade gap with the rest of the world rose to $18.26 billion in the July-June period of the just-concluded fiscal.It was $9.47 billion in...

Airlines tickets go beyond middle-class means

FE ReportPrices of airlines tickets have doubled or tripled as operators fleece most of the air-bound passengers ahead of the Eid-ul-Azha festival. Airlines companies and travel agencies, however, blame each other for such an abnormal rise in ticket prices.People are now desperate about securing air tickets to have a hassle-free...

Dhaka-Delhi ties now at its best

Prime Minister Sheikh Hasina said on Monday the relation between Bangladesh and India now reached a newer height as both the countries duly value each other, reports UNB.The Prime Minister said this when State Executive Member and Adviser to President BJP, West Bengal, India, Dr Anindya Gopal Mitra met her...

A woman leading a group of young students as they cross the busy road

A woman leading a group of young students as they cross the busy road amid heavy rush of vehicles just under the footbridge (not in the frame) in front of Willes Little Flower School and College at Kakrail in the capital on Monday — FE Photo by Shafiqul Alam

Excelerate starts re-gasifying imported LNG

The country has got its first re-gasified LNG as Excelerate Energy has started re-gasifying imported gas.The US-based company also initiated pumping LNG into the pipeline network from Sunday evening, said officials."Re-gasification of imported LNG has started. But it is now being pumped into the pipeline with low pressure," state-run Petrobangla...

Review committee suggests ending almost all quotas

The committee formed by the government to review the existing quota system is in favour of making the proposal to abolish almost all the quotas in public services giving priority to talent, said Cabinet Secretary Mohammad Shafiul Alam on Monday, reports UNB."We (committee) have almost finalised the proposition... Our recommendations...

News Watch (14-8-2018)

BB releases new notesBangladesh Bank (BB) released on Monday new notes of Taka 10, 20, 50 and 100 denominations in the market ahead of Eid-ul-Azha. The new notes are being distributed from all branches of Bangladesh Bank across the country. The distribution of the new notes will continue until August...