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

China mum about DFQF facility for BD

China remains silent about extending duty-free and quota-free (DFQF) access of Bangladeshi products to its market, though Dhaka agreed to sign a 'letter of exchange' nine months ago.Despite repeated reminders from Bangladeshi trade officials over the period, their Chinese counterparts did not respond accordingly, officials said.In April last, Bangladesh had...

Power Div to seek lower foreign aid allocation

The Power Division has sought lowering of the external resources allocation for project execution by almost a quarter after failing to utilise it fully, officials said on Monday.The officials said the Division has sought Tk 83.74 billion funds in the Revised Annual Development Programme (RADP) for the current fiscal year...

Workers' demo continues despite wage revision

The production in as many as 35 garment factories remained suspended on Monday, a day after the government revised the pay structureMeanwhile, the workers continued agitation for the eighth consecutive day. Officials of Industrial Police and Department of Inspection for Factories and Establishments confirmed the number of ready-made garment (RMG)...

BB sells over $1.0b to banks in six months

The central bank has injected more than US$1.20 billion so far this fiscal year into the market to help keep the country's foreign exchange (forex) regime stable, officials said.As part of the measure, the Bangladesh Bank (BB) sold the US currency directly to the commercial banks as liquidity support for...

15 die as military cargo plane crashes in Iran

A Boeing 707 military cargo plane crashed in bad weather on Monday west of the Iranian capital, killing 15 out of the 16 people on board, the Iranian army said, reports Reuters.A flight engineer survived and was taken to hospital, the army said in a statement carried by the semi-official...

Two buyers making choice of shatranji

Two buyers making choice of shatranji, locally-produced carpets, at a stall of the month-long Dhaka International Trade Fair (DITF) 2019 in the capital's Agargaon area on Monday — FE Photo by Shafiqul Alam

News Watch- (15-1-2019)

First meeting of new cabinet on Jan 21The new cabinet led by Prime Minister Sheikh Hasina is likely to have its first meeting on January 21. On January 07, Sheikh Hasina was sworn in as the prime minister for a third consecutive term after her party won a landslide victory...