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

Kamal takes a swipe at extravagant state entities

Finance Minister AHM Mustafa Kamal on Monday insisted the autonomous public agencies cannot utilise their funds according to their wish as they are not the government."[But] they are utilising their funds according to their wishes," Mr Kamal said."With their profits, they sometimes give four to five bonuses, enhance salary for...

Land offices rife with graft: TIB report

Corruption has been institutionalised in land registration offices across the country as almost no service is available without underhand dealings, according to a research report of the Transparency International Bangladesh (TIB). Service seekers have to pay bribes ranging between Tk 500 and Tk 5,00,000 in every step of land-related services,...

7.8m SMEs to get access to finance, technology, market

The Cabinet approved on Monday the draft of SME Policy 2019, aiming to ensure access to finance, technology and market for some 7.8 million SMEs in the country, reports UNB.The approval came at the Cabinet meeting held with Prime Minister Sheikh Hasina in the chair at her office. "The SME...

Holy Ashura today

Holy Ashura, commemorating the martyrdom of Hazrat Imam Hussain (RA), will be observed in the country today (Tuesday) with due religious fervour and solemnity, reports UNB.On this day in the Hijri year of 61, Hazrat Imam, the grandson of Prophet Hazrat Muhammad (PBUH), along with his family members and 72...

Body to probe fire incident at Nirbachan Bhaban

A five-member committee has been formed to investigate the fire incident at Nirbachan Bhaban, the headquarters of the Election Commission on Sunday, reports UNB.The committee, headed by Additional Secretary of the Election Commission Mokhlesur Rahman, has been asked to submit its report within three working days, said Election Commissioner MahbubTalukder...

Govt considers Tk 50b special fund for shipbuilding sector

The government is mulling over forming a special fund worth Tk 50 billion to help develop the shipbuilding industry in the country, officials said.Arranging bank loans at 4.0 per cent interest rate with 25 years of repayment period is also under consideration as part of the government's effort to promote...

News Watch (10-09-2019)

PM to open Biman's 4th Dreamliner on SaturdayPrime Minister Sheikh Hasina will formally inaugurate the forth brand new Boeing 787-8 aircraft called "Dreamliner" as the 16th plane of Biman, Bangladesh Airlines fleet on Saturday next. The fourth Dreamliner, named Rajhangsha, will arrive in Dhaka from USA's Seattle Boeing Factory on...

Prayer Timings-(10-09-2019)

Holiday Notice (10-09-2019)

The offices of The Financial Express (FE) will remain closed today (September 10, 2019) on the occasion of holy Ashura. Therefore, there will be no issue of the FE tomorrow (September 11, 2019). The online section of the newspaper will remain open as usual.