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

Poverty rising, jobs squeezing, social parameters worsening

Poverty is rising, employment shrinking and key social indicators in Bangladesh are deteriorating, says a presentation at an international meet in Dhaka about a setback on the national economic front and its spillovers. Despite these negative trends, however, people of Bangladesh have not lost hope-something that is the country's most...

After IMF, JICA also opts to deal with political govt

Japanese financier JICA follows IMF footprint as it also now tags consultation with Bangladesh's upcoming political government to budget bankrolling as the national elections are in sight for transition from the interregnum.Officials say the Japan International Cooperation Agency (JICA) has recently initiated talks with the government on providing budget-support credits...

Security adviser to attend Delhi meet next week

National Security Adviser Dr Khalilur Rahman will lead Bangladesh delegation to the 7th NSA-level Colombo Security Conclave on November 19-20 in New Delhi, says a spokesman for the CA Office.Ajit Doval, National Security Adviser of India, has extended invitation to Dr Rahman to attend this regional forum on security affairs.The...

Three advisers misleading Chief Adviser

Bangladesh Jamaat-e-Islami Nayeb-e-Amir Dr Syed Abdullah Muhammad Taher alleged on Friday that three advisers were misleading the Chief Adviser in different ways and providing wrong information to prevent a free and fair election."They (three advisers) are manipulating him (CA) in different ways and working in favour of one particular party,"...

NCC finds ambiguities in July Charter order, seeks clarification

National Citizen Party (NCP) member-secretary Akhtar Hossain has urged the government to immediately clarify the July Charter Implementation Order, saying that several ambiguities in the directive have already created confusion.He says a lack of clarity has led to a crisis, and the government should remove these ambiguities without delay."In question...

Free trade access to largest market mostly missed, remedies overlooked

Bangladesh miserably fails to avail the enormous opportunities the world's largest market, China, has offered, mainly due to a deep-seated crisis in product diversification, competitiveness, and inept strategic execution, experts say.China has granted Bangladesh zero-tariff entry for 98 per cent of its tariff lines or 8,930 products-- a bonanza of...

BD-China sea trade thrives on rare 'empty box' model

Bangladesh's ocean-going trade with China is expanding at an unexpectedly rapid pace despite a striking overall imbalance with the volume of shipments bound for China being very low.The model is so unusual that shipping executives describe it as a rare exception to industry norms. Yet, carriers are still adding vessels...

Two children work at a motor-cycle service centre

Two children work at a motor-cycle service centre at Golapbagh in the city on Friday. Many poor households cannot send their children to school because of high inflation squezzing their income. — FE Photo