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

Aminbazar-Mongla power line project cost revised

The government's highest economic policy-making body ECNEC on Tuesday revised the PGCB's Aminbazar-Mawa-Mongla 400kv power transmission line installation project despite violation of original DPP during its implementation, officials said.The Power Grid Company of Bangladesh (PGCB) had spent more funds than it's allocations in some components of the project, insiders said.Presided...

Aug 15, jail killings prove conspiracy against independence: PM

Prime Minister Sheikh Hasina on Tuesday said the August 15 and November 3 killings prove that there was a conspiracy against independence and the people of the country, reports UNB."Vested quarters had tried to propagate that August 15 killing was an incident against a family [but] their original objective was...

E-commerce mkt size to hit $3.0b by ‘23

Bangladesh needs to strengthen its regulatory framework, make policies more business-friendly, and tackle existing challenges to help boost e-commerce in the country, business leaders and officials opined.According to them, poor network connectivity, absence of user-friendly digital payment system, loopholes in the law to protect online buyers, and lack of skilled...

Fifth bid underway to buy spot LNG in Jan

Bangladesh is preparing to float the fifth tender to purchase liquefied natural gas (LNG) from international spot market in January.Rupantarita Prakritik Gas Company Ltd (RPGCL) previously floated four tenders and the latest two bids are to take delivery of two LNG cargoes each having 138,000-cubic metre capacity in December.The tender...

BEZA seeks rational interest rate on loans

Bangladesh Economic Zones Authority (BEZA) has sought rationalisation of the interest rate on loans it took out from a state-owned non-banking financial institution between 2015 and 2018.In a letter sent to the lender -- the Bangladesh Infrastructure Finance Fund Limited (BIFFL) -- recently, the BEZA requested it to make the...

Five dead in Vienna gun attack

Five people have died, including an assailant, and 17 others were wounded in a shooting in the heart of Vienna hours before a coronavirus lockdown started, Austrian authorities said Tuesday, report UNB.Interior Minister Karl Nehammer said two men and two women have died from their injuries in the attack Monday...

Students of private medical colleges

Students of private medical colleges block a road in busy Mahakhali area in the city on Tuesday to press for their four-point demand, including finding an alternative to examinations during the coronavirus pandemic to avoid session jam. — FE photo

Global Covid-19 cases top 47.5m

More than 1.2 million people have died from Covid-19 in the world and over 47.5 million people have been infected with the virus, according to the latest tally from worldometer.The death toll from Covid-19 in the world reached 1,214,202 while the total caseload stood at 47,527,956 as of Tuesday night,...

Kabul University attack death toll rises to 35

KABUL, Nov 03 (Reuters): The death toll from an attack on Kabul University has risen to at least 35, two government sources said on Tuesday, as students protested over the attack and the country marked a day of mourning.Gunmen barged into the university on Monday, in what was the second...