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

Transport strike disrupts economic activities, communications

Transport strike disrupted communications across the country on Sunday, taking a heavy toll on trade and economic activity.According to business circles, overall commodity supply chain, export-import activities were severely halted.Export and import of goods to and from Dhaka, Chittagong and Mongla ports also got hampered.However, the supply of food and...

PM urges businesses to diversify products, explore new markets

Prime Minister Sheikh Hasina urges on Sunday the business community to diversify their products and explore new markets in the world for their items availing of government support, reports UNB."We've to diversify our export products...you've to think how much varieties you can bring in your export basket," she said.The Prime...

Look beyond banks to finance infrastructure

Bangladesh needs to develop alternative sources of financing including bonds to meet its future infrastructure investment needs, experts said on Sunday. At the same time, the private sector needs to play a bigger role in such infrastructure investments, they said.The comments came at a day-long 'Destination Bangladesh' event organised by...

Public sufferings mount

The commuters of the capital city had to undergo a terrible ordeal on Sunday for a 48-hour countrywide transport strike demanding amendments to the Road Transport Act (RTA) 2018.The Bangladesh Road Transport Workers Federation called the strike from a rally held outside the National Press Club on Saturday to press...

Dr Kamal writes to Hasina, demands dialogue on polls

The Jatiya Oikya Front has written to Prime Minister Sheikh Hasina, calling for talks on the alliance's seven-point charter of demand for the general elections to be fair, reports bdnews24.com. Front leaders AOM Shafiqullah and Jaglul Haider Afrik handed their chief Dr Kamal Hossain's letter to Awami League Office Secretary...

Panic sales send Dhaka stocks to 22-month low

Stocks faced major headwinds on Sunday with the key index of the Dhaka Stock Exchange (DSE) slid into a record 22-month low, as investors went for panic sales.DSEX, the prime index of the bourse, fell by 69.80 points or 1.32 per cent to settle at 5,212. It has been the...

BB set to place bids before its board

The central bank is set to place the proposals for approving three more banks before its board of directors' meeting today (Monday) ahead of the upcoming national election."The preparations have been almost completed to place the proposals for establishing three new private commercial banks (PCBs) before the board for consideration,"...

News Watch- (29-10-2018)

JS passes BSTI Bill with provisions for harsher punishment A bill titled 'The Bangladesh Standards and Testing Institution Act, 2018' was passed in Parliament on Sunday, incorporating the provisions of harsher punishment in the existing law. Industries Minister Amir Hossain Amu moved the Bill and it was passed by voice...