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

Stock prices crash to record low

Dhaka Stock Exchange (DSE) prime index suffered Sunday the largest single-day fall by 133 points in four and a half years amid "panic sale" of shares, attributed to political tensions.At the end of the trading session on the first day of the week, DSEX, the main index of the premier...

NBR to hire int'l watchdog to find out laundered money

Government's revenue authority plans to hire an international accounting firm to dig out information about the money siphoned of the country, as reports say billions of funds flew abroad. "We are considering signing a memorandum of understanding (MoU) with the firm so that it could collect information related to money...

BD capital mkt lacks environ to raise long-term debt

An International Finance Corporation (IFC) diagnostic mission has recently found the Bangladesh capital market environment not conducive to the issuance of debt instruments or mobilisation of debt to help local businesses with long-term finance.The mission that visited the country in December last said long-term debt issuance is subject to higher...

DITF ends with Tk 1.6b orders, Tk 870m sales

The 23rd Dhaka International Trade Fair (DITF 2018) ended on Sunday with the exhibitors receiving spot export orders worth Tk 1.60 billion and transactions amounting to Tk 870 million.Commerce Minister Tofail Ahmed disclosed the statistics related to the export orders and sales as the chief guest of the closing ceremony...

CJ to maintain coordination among three pillars of State

Newly appointed Chief Justice Syed Mahmud Hossain said he will try his level best to discharge his duty as Chief Justice maintaining coordination among three pillars of the State-legislative, executive and judiciary, reports UNB."Only a proper coordination among the three pillars of the State-legislative, executive and judiciary - can spur...

Mominul Haque responds to the crowd after scoring century

Mominul Haque responds to the crowd after scoring century during the fifth and final day of the first cricket Test between Bangladesh and Sri Lanka at Zahur Ahmed Chowdhury Stadium in Chittagong on Sunday. — AFP

Kuril-Purbachal 100 feet canal project may get cost, time extension

The 100-foot canal project along both sides of the Kuril-Purbachal link road is likely to be revised, raising its cost and implementation period due to the inclusion of three new roads from the Detailed Area Plan (DAP)."A revised development project proforma (RDPP) is underway," Brig Gen Iftekhar Anis, director general...

News Watch (05-02-2018)

Tk 0.5m bounty on question leak infoThe government announced on Sunday Taka 0.5 million bounty for information leading to the capture of real question paper leakers. Education Minister Nurul Islam Nahid made the announcement after a meeting of the National Monitoring Committee on Law and Order in the education ministry....