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

Strengthen governance, ensure rule of law to draw more investments

Development partners have urged Bangladesh to strengthen governance and ensure the rule of law, accountability and transparency especially in the public financial management, and regulatory and institutional reforms to tap more investments and develop the nation.The government has, however, called on the foreign development partners to extend their cooperation even...

Financing LNG sector to depend largely on intl lending agencies

Bangladesh would have to depend largely on international lending agencies for financing the investment needs of LNG (liquefied natural gas) sector, officials said.Because, they said, sourcing of such huge amount money from the local sources like capital market, banks and financial institutions would be difficult.As a result, the Economic Relations...

BD needs to attract pvt sector investment for job creation

Bangladesh needs to attract private sector investment, SME financing both in rural and urban areas, foreign direct investment meant for job creation in the country amid jobless growth, said Asian Development Bank (ADB) vice president Wencai Zhang. Terming jobless growth a challenge, the ADB vice president said, "The country has...

BERC sets June deadline for shutting four power plants

The government must have to shut at least four of its most expensive diesel-fired power plants by the middle of this year as the country's energy regulator has set a June, 2018 deadline to terminate their operations.These are Bheramara 60 megawatt (MW), Barisal 40 MW, Rangpur 20 MW and Syedpur...

BB likely to place proposals for new banks in next board meeting

The central bank is likely to place proposals for a couple of new banks before the next meeting of its board of directors for consideration.It is now scrutinising proposals by Bengal Bank and Peoples Bank, officials said."We're now examining the pros and cons of the proposals," a senior official of...

Rejoinder, FE’s reply

Titas Gas Transmission and Distribution Company Limited (TGTDCL) has sent a rejoinder to a news item published in the January 17, 2018 issue of The Financial Express under the headline '79 source points of illegal gas connection remain untouched'.In a rejoinder issued by the TGTDCL Acting General Manager (Public Relations)...

Sellers at flower shops at Shahbag

Sellers at flower shops at Shahbag in the capital pass busy time on Thursday, as the sales increase during the winter. — FE Photo by Shafiqul Alam

News Watch (19-01-2018)

Efforts on to end Padma Bridge work by DecRoad Transport and Bridges Minister Obaidul Quader told Parliament on Thursday that all-out efforts are going on to complete the construction work of the Padma Bridge by December 2018. "Efforts are on to complete the bridge by December through installation of the...