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

Ease highway traffic, clear goods from border ports speedily

Traders Sunday urged the government to take effective measures for ridding the Dhaka-Chattogram highway of severe traffic congestions and ensuring speedy clearance of essentials imported from India to help keep prices under control during the holy month of Ramadan. The traders had made the appeal when they met with Commerce...

600m of Padma Bridge now visible as 4th span installed

MUNSHIGANJ, May 13 (UNB): Around 600-metre area of Padma Bridge is now visible following the installation of 4th span on pillar no 40 and 41 on Sunday.The span has been installed in the Jajira point in the morning.Earlier on Saturday afternoon, the span was brought to the point from Mawa...

BEZA learning from Asian zoning experience

The concept of economic zone is now considered one of the best investment and employment generation models across the world in this age of globalisation, analysts said. Economic zone (EZ) is a cluster of industries that enjoys liberal fiscal and investment laws and regulations. Though the first modern zone applied...

Govt's gross borrowing from banking system soars

The government's gross borrowing from the banking system jumped suddenly Sunday to finance budget deficit partly for the current fiscal year (FY), officials said.Bangladesh government borrowed Tk 13 billion on the day against previously fixed target worth Tk 2.0 billion through holding of its 91-Day Treasury Bills (T-bills).On the other...

ADB for bundling farm insurance with credit

There is a need for bundling agricultural risk coverage with farm credit in a bid to scale up the weather index-based crop insurance in Bangladesh, ADB country director Manmohan Parkash said at an international seminar in the city Sunday.The Bangladesh chief of the Asian Development Bank (ADB) also placed six...

Gazipur city polls on June 26

The Election Commission (EC) fixed on Sunday June 26 as the new date for holding the Gazipur City Corporation election. EC acting secretary Helaluddin Ahmed said the election would be held on June 26 while the official election campaign would start on June 18. The decision was taken at a...