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

Another fertiliser factory to shut for gas supply cut

Country's lone active urea fertilizer unit, Shahjalal Fertiliser Factory, is now set to halt for gas cut that would make public exchequer count huge costs in import bills and subsidies.Though Bangladesh Chemical Industries Corporation (BCIC) doesn't see any possibility of supply crunch of the key agro-input this peak cropping season,...

Syeda Anjuman Ara Girls School opens

Syeda Anjuman Ara Girls School, founded by Anjuman Ara-Mujib Foundation, was inaugurated at Jagannath Dighi under Chauddagram upazila in Comilla. Commerce Minister Tofail Ahmed and Railways Minister Md Mazibul Hoque, who attended there respectively as the chief guest and the special guest, inaugurated the school on Saturday afternoon. Speaking on...

High taxes throttle ocean-going vessel industry's growth

Syful IslamHigh tax incidence and lack of incentives hinder business expansion of national flag-carrier vessels with a resultant loss of Bangladesh's market share to foreign shippers in international trade, businesses say.They said a huge amount of hard-earned foreign currencies are going out of the country as freight cost of importing...

BR gets PC nod to carry out feasibility study

Munima SultanaThe Planning Commission (PC) has approved a Bangladesh Railway (BR) proposal for studying the feasibility of introducing circular train service in Dhaka.The BR is willing to introduce circular trains in the capital to help ease traffic congestion on the city roads.Officials said the PC approved the study project last...

Plastic goods makers want quick execution of industrial park

FE Report Country's plastic goods manufacturers urged the government Saturday to accelerate implementation of the planned industrial park to help bring discipline the sector.Currently, many small and medium plastic-processing factories remained scattered across the country, causing environmental pollution and accidental risks, they said.They made the request at the concluding session...

RAB recovers 10 anti-tank rockets in Habiganj raid

The Rapid Action Battalion (RAB) has recovered ten anti-tank rockets from the Satchhari National Park in Habiganj's Chunarughat Upazila, reports bdnews24.com.The raid continued from Friday evening to Saturday afternoon, said RAB Legal and Media Wing Chief Mufti Mahmud Khan.Ten Chinese-made rockets were recovered from a bunker, he said. "The 40mm...