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

Facility partially accommodative

Bangladesh is not being able to reap the duty-free benefit in the Chinese market to the fullest extent as more than one-third of its total readymade garment (RMG) exports to that country is still subjected to payment of duty, industry people said.In June last, the Tariff Commission of the Chinese...

Modi invited to join March celebrations

Indian Prime Minister Narendra Modi may visit Bangladesh in next March, Foreign Minister (FM) Dr A K Abdul Momen said on Sunday."We have invited the Indian prime minister to come to Dhaka to join Muijib Centenary programme. We have two big events on March 17 and on March 26. Indian...

Potato prices still much higher than govt rate

Potato prices still remained much higher on Sunday than the government-fixed maximum retail price of Tk 30 a kg.Diamond (BARI Alu 7) and cardinal varieties of stored potato were selling at Tk 43-50 a kg while 'carriage' variety at Tk 50-55 a kg on Sunday in the city retail markets.The...

Cases soar 7.51pc in week

After weeks of continuous fall in the number of Covid-19 confirmed cases, the country witnessed a sharp rise in infections last week that ended on October 17.According to Directorate General of Health Services (DGHS), the number of infections rose by 7.51 per cent than that of the previous week, which...

Govt looks to raise productivity to 5.6pc by 2031

The government decided on Sunday to prepare an action plan aiming to increase the country's productivity to 5.6 per cent from existing 3.8 per cent by 2031.It also decided to boost agricultural production and create more skilled manpower for achieving higher growth in the industrial sector.The decisions were taken at...

Investing in startups now made easier

The central bank on Sunday said the new 'risk weight' applicable to investing in 'alternative' investments will remain valid until September, 2022 beginning from the third quarter of this year.An alternative investment is an investment in any asset class, excluding stocks, bonds and cash. Industry insiders said allowing such weight...

A speedboat carrying passengers

A speedboat carrying passengers whizzes past a traditional boat engaged in fishing in the river Padma off Shimulia ferry terminal in Munshiganj on Sunday, as life goes on amid the coronavirus pandemic — FE photo by Shafiqul Alam