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

All industrial sectors but top-heavy behemoths record rebound

Growth in Bangladesh's large-scale manufacturing sector slowed but nearly all industrial sectors kept expanding as per February readings of official statistics.Out of 23 major sectors, only two - the manufacturing of basic metals and "other non-metallic mineral products" - contracted in February.The Quantum Index of Large-Scale Manufacturing (LSM) rose by...

Govt aims to import six spot LNG cargoes this month

The government eyes the import of a total of six spot liquefied natural gas (LNG) cargoes this month, the highest in a single month, in order to meet the mounting summer demand.State-run Rupantarita Prakritik Gas Company Ltd (RPGCL) has already bought five spot LNG cargoes for May delivery windows, a...

HC releases full verdict upholding death penalty for 20

The High Court on Saturday released the full verdict that upheld the death penalty for 20 students of Bangladesh University of Engineering and Technology (BUET) and life imprisonment for five others in the Abrar Fahad murder case, reports UNB.The 131-page full verdict was published on the Supreme Court's website.On March...

Road connecting Aftab Nagar, 300-Feet Expressway in the offing

FE REPORTA move is underway to open a road comprising three corridors that will connect Aftab Nagar and Rampura with 300-feet Purbachal Expressway in a bid to reduce traffic congestion in Pragati Sarani of Badda and neighbouring areas of the capital.To this effect, Dhaka North City Corporation (DNCC) Administrator Mohammad...

India bans imports as Pakistan test-fires ballistic missile

NEW DELHI (Reuters): India said it banned the import of goods originating from or transiting via Pakistan as diplomatic tensions between the two nuclear-armed nations flared in the wake of a deadly attack on tourists in disputed Kashmir region.India's Directorate General of Foreign Trade in a notification said the ban...

Fire breaks out at Sabbir Tower in Purana Paltan

FE REPORT A fire broke out on the top floor of multi-storied buiding ---Sabbir Tower ---at Purana Paltan in the capital on Saturday night. "The fire was reported around 8:25pm. Seven firefighting units of the Fire Service and Civil Defence were deployed to bring the blaze under control," a duty...