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

15 years of investment, little modal shift

An enormous amount of money had been invested in developing Bangladesh's communications system over the past 15 years but modal transport share remained heavily skewed toward overburdened roads for no significant shift to rail, water, or air transport.A baseline study carried out under the National Integrated Multimodal Transport Master Plan...

Bangladesh fully ready for polls

February elections and referendum, trade, civil aviation, labour reforms initiated by the interim government and overall relations between Bangladesh and the United States came up for discussion when a US top diplomat met the Chief Adviser Monday.Ambassador Tracey Ann Jacobson, Chargé d'Affaires of the United States to Bangladesh, paid a...

2,582 seek nomination after large dropouts

A total of 2,582 candidates have submitted nomination papers to contest 300 parliament seats in the first electoral race in Bangladesh after a mass uprising that toppled the past regime. However, 3,407 aspirants had collected the nomination papers since the election schedule was declared for the 13th parliamentary election and...

Urges citizens to contribute to nation-building tasks

Acting Chairman of BNP Tarique Rahman Sunday sat in his party headquarters, long after banishment, and then urged people from all walks of life to contribute to rebuilding Bangladesh according to their own capacity.Even small civic acts matter for the country, he said, with practical example like even picking a...

Graduation may hit country's apparel exports hard: Study

LDC graduation poses a significant threat, with Bangladeshi exporters likely to bear a large share of tariff costs, as they may need to absorb 40 per cent of post-graduation tariffs to remain competitive in the European Union, according to a recent study.After Bangladesh's graduation from the LDC category and the...

Exporters seek exclusion of certain yarn types from duty-free facility

In a bid to safeguard local spinning mills, apparel exporters and spinners have agreed on a proposal to exclude certain types of yarn from the duty-free bonded-warehouse facility and will soon request the government to take necessary action in this regard, industry insiders said.The move comes in response to concerns...