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

Development works slow as only 75 projects cleared last fiscal

Development works suffered badly as only 75 new projects involving Tk 984.98 billion were endorsed in the past fiscal year--the lowest in two decades in terms of both their number and expenditure.Official statistics show the Executive Committee of the National Economic Council (ECNEC) gave its seal of approval to these...

Offloading shares of profitable SoEs, 10 MNCs ordered

A latest binding instruction comes for ministries concerned to act promptly for offloading shares of profitable state-owned enterprises (SOEs) and some multinational companies bearing government stakes for breathing life into limping bourses, sources said.For years, there has been no visible progress and development regarding such divestiture although the government made...

Pak FM Ishaq Dar arrives today

Pakistan Foreign Minister Ishaq Dar is scheduled to arrive in Dhaka today on a two-day visit during which the two sides will discuss the signing of half a dozen cooperation instruments. Ishaq Dar will also hold discussions with the Chief Adviser and leaders of some political parties here. He will...

BDT appreciates after years of depreciation

Bangladesh currency taka gained value by 0.39 per cent to 122.3 in July against per US dollar, marking its strongest exchange clout that has implications particularly for trade and remittance.Economists and central bankers attribute the appreciation to a combination of weaker greenback globally, robust remittance inflows and sluggish private-sector- credit...

Cement-laden lorry kills four of a family in Cumilla

CUMILLA, Aug 22 (BSS): Four members of a family were killed in a road accident in the Paduar Bazar area on the Dhaka-Chattogram highway on Friday afternoon when a cement-laden lorry lost control and overturned.The accident occurred around 12:30pm in front of the Palli Bidyut Samiti office at the Paduar...

Media carrying Hasina statements will incur immediate action

Publication or broadcast of deposed Prime Minister Sheikh Hasina's statements from her hideouts will invite immediate legal action, the interim government warns as it finds her words provocative.The post-uprising government issued Friday a statement of warning after some media outlets had aired a speech by Hasina in which she made...