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

MoF ditches fund requests for raising project costs

The government is not entertaining any proposal for raising expenditures of ongoing development projects rather asking the implementing agencies to spend from their own funds, if necessary, officials say.Now walking a tightrope to weather financial crunch stemming from a global syndrome, the ministry of finance is learnt to have regretted...

Foreign freighters fret as new rules favour BSC vessels

A row surfaces over the share of shipping-business cake as foreign freighters fret themselves about new rules that favour Bangladesh's state-run vessels in port berthing, sources say. The Bangladesh Flag Vessel (protection of interests) rules are being framed with a provision of mandatory priority berthing for Bangladesh-registered vessels -- as...

One injured in landmine blast near border with Myanmar

A Bangladeshi man was injured after a landmine exploded inside Myanmar territory, along the Tumbru border area in Bandarban on Friday, according to electronic media and online news portals.The injured has been identified as 22-year-old Athwaing Tangchangya. He lost one of his legs during the explosion.The incident took place at...

Indian trains to carry BD export goods

Bangladeshi products will be transported to India on Indian container trains.After unloading their exportable items here, the trains will carry the Bangladeshi products on the return trip. The goods-carrying trains will be operated on two routes between Bangladesh and India: Darshana-Gede and Benapole-Petrapole.The Indian central board of indirect taxes and...

WB warns world of likely recession in 2023

The World Bank (WB) has warned the global leaders of a possible recession in 2023 as the world economy has tightened fiscal and monetary policies with a poor growth forecast."As central banks across the world simultaneously hike interest rates in response to inflation, the world may be edging toward a...

A worker carries vegetables

A worker carries vegetables, all packed in plastic bags, after buying them from a wholesale market at Jatrabari in the city on Friday. Although a ban on plastic bags remains in place, their use continues to rise in the country, leading to a higher level of plastic pollution — FE...

Prayer Timings (2022-09-17)

Briefing 17-09-2022

Profit taking halts four-week rally Stocks slipped into the red in the outgoing week to Thursday, snapping a four-week gaining streak, as jittery investors rushed to lock in profits from large-cap issues that witnessed price surge. Of the five trading days this week, three sessions suffered losses while two others...