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

FDI flow drops by 7.7pc last year

Net inflow of foreign direct investment in the country declined by 7.72 per cent last year, with officials attributing the drop-off to geo-political tension, the central bank has said.Statistics available with Bangladesh Bank showed that net inflow of FDI stood at US$ 2.15 billion in 2017, down from $ 2.33...

Ministry sticks to demand for addl fund

Road Transport and Bridges Ministry is sticking to its demand for an additional allocation of Tk 14 billion to acquire more land for the Padma Bridge project despite reservation expressed by a government project monitoring body, officials said Wednesday.The state-owned monitoring body -- Implementation, Monitoring and Evaluation Division (IMED) --...

Uniform tariff value for both manufacturers, traders

The National Board of Revenue (NBR) has fixed a uniform tariff value for both traders and manufacturers of Liquefied Petroleum Gas (LPG).Under the new tariff value, traders will, from now on, require to pay the amount of VAT similar to that of manufacturers. Earlier, only manufacturers were enjoying tariff value...

RJSC seeks info on default loan status from BB

The Office of the Registrar of Joint Stock Companies and Firms (RJSC) has sought information on default loans urgently from the central bank for checking loan portfolio of aspirant directors of registered companies.The issue was discussed at a meeting held Wednesday among the Bangladesh Bank (BB), the Bangladesh Securities and...

Shariful on four-day remand

Shariful Islam, the main accused of recent ATM card scams, was placed a four-day remand Wednesday, a day after he was arrested from the city's Mirpur area. A judge of Chief Metropolitan Magistrate Court granted the remand for further interrogation, after Shariful was produced before court by the policemen, officials...

Launch of Bangabandhu satellite now on May 07

The country's first space satellite Bangabandhu-1 is now expected to be launched on May 07, missing the May 04 deadline. Telecom and ICT Minister Mustafa Jabbar announced the new date at a roundtable discussion held at Bangladesh Telecommunication Regulatory Commission (BTRC) in the capital. "The revised date for launching the...

A car ramming into the newly-constructed road divider

A car ramming into the newly-constructed road divider at the Purana Paltan intersection in the city during Wednesday's rain in the absence of any marking visible from a distance — FE photo by Shafiqul Alam

News Watch (26-04-2018)

Suitor knifes schoolgirlCHUADANGA, Apr 25: A schoolgirl sustained injuries as a miscreant stabbed her in Hajrahati village under Chuadanga municipality on Wednesday as she refused his love proposal. The victim was identified as Lima Khatun, 14, daughter of Abdur Rahman of the village and a Class VIII student of Chuadanga...