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

Deposit govt funds with PCBs at rates below 6.0pc: ABB

Top executives of the private commercial banks (PCBs) have urged the Bangladesh Bank (BB) to ensure depositing the government's fund with their banks at rates below 6.0 per cent for implementing the single-digit lending rate. The leaders of Association of Bankers, Bangladesh (ABB) have also requested the central bank to...

Gazipur City Corporation polls today

GAZIPUR, June 25 (BSS): The Election Commission (EC) has completed all necessary preparations to hold the elections to Gazipur City Corporation tomorrow."All necessary preparations have already been taken to hold the elections in a free, fair and peaceful manner," EC Secretary Helaluddin Ahmad told the news agency today.The elections will...

Apparel makers go for developing local brands

The country's apparel makers are now focussing more on the local market than before mainly to meet the growing demand for fashion wears, industry people said.Dozens of export-oriented garment manufacturing companies have already launched their own brands to add value to the local market and have gained popularity.These garment companies...

B'desh may face over 40pc tariff: UNCTAD

Bangladeshi exporters may face an average tariff of over 40 per cent in case a full-scale trade war intensifies.The United States (US) president, Donald Trump, has threatened a trade war and already levied increased tariffs on the products of certain countries.The victimised countries have also started to retaliate.Against the backdrop,...

State-run sugar mills suffer Tk 14.04b loss

State-owned sugar mills have suffered a loss of Tk 14.04 billion for selling sugar at prices less than its production costs, officials said."The cash-strapped sugar mills are still struggling to meet their regular expenses," an official told the FE on Sunday.Bangladesh Sugar and Food Industries Corporation (BSFIC) finds it hard...

Passers-by trying to push a vehicle out of a pothole

Passers-by trying to push a vehicle out of a pothole after it got stuck there on the PC Road in Chittagong city that got waterlogged after a spell of downpour on Monday — Focus Bangla

News Watch (26-6-2018)

Six die in Tangail road accidentsAt least six people were killed and 32 others injured in two road accidents on Monday in Tangail's Kalihati and Ghatail upazilas. The Kalihati accident occurred on the Tangail-Mymensingh Highway near a bridge in the Kalihati Bus Stand area. A truck was taking labourers from...