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

Seaports' capacity to boom on megaprojects

Bangladesh's port sector is in the cusp of massive expansion that prompts stakeholders to suggest bigger private-sector involvement to ensure efficiency in operation of the seaports.Some of the ventures involve megaprojects undertaken with foreign investment, with the aim of tapping the country's potential to turn into a regional porting hub...

India visit: Decisions taken to benefit both sides, says PM

Prime Minister Sheikh Hasina on Wednesday said the people of the country will definitely vote for Awami League in the next general election for continuation of the present development spree, reports UNB."I firmly believe that people will definitely vote for Awami League if they want the ongoing development trend to...

Retail trade rules services sector

Retail trade still rules the roost in Bangladesh's transitional economy with the highest gross value addition (GVA) worth Tk 2.087 trillion or nearly 63 per cent.A latest publication of Bangladesh Bureau of Statistic (BBS) shows that the GVA of wholesale and retail trade services combined to the economy was worth...

SSC, equivalent exams begin today -

The Secondary School Certificate (SSC) and its equivalent examinations will begin across the country today (Thursday).The examinations were postponed due to floods.Dhaka Metropolitan Police (DMP) Traffic Division urged Wednesday the candidates to reach their exams centres early to avoid traffic jams in the capital.Additional Police Commissioner (Traffic) of DMP Md...

Maiden merchanting trade policy targets forex boost

The central bank issued a policy on merchanting trade for the first time in Bangladesh to boost inflow of foreign exchange through expediting services incomes, officials said Wednesday.Under the maiden policy, traders are now free to purchase goods or services from another country and export those to a third country...

Govt mulls floating USD exchange rate

The government is planning to introduce floating exchange rate of the US dollar against Taka amid recent volatility in greenback price, Finance Minister A H M Mustafa Kamal said on Wednesday."We will go for market-based exchange rate today or tomorrow," the minister said, pointing to exchange rate of dollar, after...

People asked to disclose money to banks

People willing to bring back money home through availing the offshore tax amnesty will have to voluntarily declare the amount to the commercial banks concerned.They will also have to request the banks to consider the repatriated money under the amnesty scheme and deduct 7.0 per cent tax, said an income...

This school girl and her guardian

This school girl and her guardian spotted in the capital's Shantinagar area on Wednesday walk to their destination amid rains triggered by the depression in the Bay of Bengal. — FE photo by KAZ Sumon

Prayer Timings (2022-09-15)

Briefing 15-09-2022

Large-caps pull DSEX below 6,500 mark The stock market ended sharply lower on Wednesday, with the benchmark index dipping below 6,500 mark, as jittery investors sold off major sector stocks amid the fall in value of local currency against dollar. The market managed to stay afloat until the mid-session, but...