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

CPA restricts new vessels to use port

The Chittagong Port Authority (CPA) is not allowing new container vessels to call at the country's main port, people familiar with the matter said on Monday. They said many shipping firms have applied for launching new feeder vessels on the Chattogram-Colombo-Singapore route due to the rise in demands for both...

Muhith sees no chance of raise before polls

Finance minister AMA Muhith saw no possibility of raising the age limit to enter public service within the current tenure of the present government."I planned to raise age limit for entering job. I placed a proposal, but to no avail. I think there is no change before the next election."Mr...

Too few items still rule apparel exports

Export income from the readymade garment sector relies largely on a few items, thereby risking its sustainability in the global market, industry insiders and experts have said.At present, more than 73 per cent of the apparel sector's income comes from the shipment of only five items -- shirt, t-shirt, trouser,...

Vehicles moving past a heavy equipment-laden trailer that rammed

Vehicles moving past a heavy equipment-laden trailer that rammed into the road-divider on the Dhaka Airport Road at Khilkhet in the capital on Wednesday — Collected

Lean exploration leads to costly LNG imports

A dearth of hydrocarbon discoveries over the past one decade has worsened the country's natural gas crisis, energy experts said.According to industry insiders, this has resulted in the imports of expensive liquefied natural gas (LNG).The country passed the leanest decade of gas drilling in its history for 'lower than expected'...

PM flies to Nepal today to attend BIMSTEC meet

Prime Minister Sheikh Hasina leaves Dhaka for Kathmandu today (Thursday) on a two-day official visit to Nepal to attend the 4th Summit of BIMSTEC. A VVIP flight of Biman Bangladesh Airlines carrying the Prime Minister and her entourage will depart the Hazrat Shahjalal International Airport for Kathmandu at 8.00am. The...

RAB arrest five smugglers with 11kg gold in city

Rapid Action Battalion (RAB) on Tuesday night arrested five suspected members of an international gold smuggling gang along with around 11 kg of gold from the Gabtoli area in the city. The arrestees are-Rejaul, 35, Md Waliur Rahman,30, Ohidul Islam, 34, and Md Billal Hossain, 35. The five smugglers were...