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

Pattern of economic recovery not uniform

Bangladesh urgently needs to assess its corona-related incentive packages to address the issues concerning slow progress in fund disbursement, speakers at SANEM Netizens Forum said on Saturday.They recognised the need for adopting fast and innovative ways of implementing the stimulus packages to ensure a robust economic recovery after virus shocks.The...

Inclement weather amid coronavirus pandemic has hit the livelihoods of these day-labourers waiting

Inclement weather amid coronavirus pandemic has hit the livelihoods of these day-labourers waiting in vain to be hired for work on a road median in Roy Saheber Bazaar area in old Dhaka on Saturday — FE photo by Shafiqul Alam

Mahbubur Rahman enters hall of fame

Mr. Mahbubur Rahman, President, International Chamber of Commerce, Bangladesh (ICCB) is among 150 'high impact' leaders in the area of business and social enterprises from Africa, Asia, Latin America and the Middle East who have been interviewed under the 'Creating Emerging Market Project (CEMP) at the Harvard Business School (HBS)...

1,094 more test positive, 19 die

The deadly coronavirus infected 1,094 more people and also claimed 19 lives in the country in the last 24 hours ending Saturday morning.With the new cases, the total caseload reached 3,97,507 and the death tally went up to 5,780 since March, the Directorate General of Health Services (DGHS) said in...

PK Halder now not returning home

Proshanta Kumar Halder, who had spoken of his desire to return to Bangladesh amid allegations of having assets beyond means worth Tk 3 billion, has had a change of heart, reports bdnews24.com. He says he is not coming back now due to illness, according to lawyers of the state and...

Veteran lawyer Rafique-Ul Huq passes away

Eminent lawyer and former attorney general Barrister Rafique-Ul Huq, who had dealt with many high-profile cases during his legal career, died at a hospital in the city on Saturday. He was 85, report agencies. Barrister Rafique, who had been suffering from old-age complications, breathed his last around 8:30am at Ad-Din...

Square Pharma to spend Tk 2.5b for biz expansion

Square Pharmaceuticals has approved Tk 2.50 billion for spending on BMRE (Balancing Modernisation Rehabilitation and Expansion), capital machinery and future expansion.The approval came Thursday at a board meeting held to recommend dividend and consider financials, among others, for the year ended on June 30, 2020, according to a corporate disclosure....

Non-metered gas consumers in peril

Bangladesh's non-metered gas consumers are now in peril as they are paying much higher prices than metered gas users putting them in huge financial woes and widening their hardships, according to a latest study."The price, fixed for non-metered gas users, is much higher than monetary value of average cubic meter...

BD seeks $1.0b aid from WB

Finance Minister AHM Mustafa Kamal has requested the World Bank (WB) to provide US$1.0 billion assistance to procure Covid-19 vaccine and support the budget expenditure in the current fiscal year.The minister has sought $500 million aid from the global lender for procurement, preservation and supply of the vaccine in addition...

Briefing 25-10-2020

MTB rides on digital innovationsMutual Trust Bank Limited (MTB) has planned to double its financing in retail and small and medium enterprises (SME) for minimising risk with diversifying portfolios by 2022, the bank's top executive has said. Under the MTB's new plans, the investment in retail and SMEs will be...