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

DNCC revises design, hikes cost by 60pc

Dhaka North City Corporation (DNCC) has sought increased costs and time extension for building the Kalshi flyover and its adjacent road widening work after the change in design, officials said on Monday.The DNCC has requested the Planning Commission (PC) to revise the project raising the costs by 61 per cent...

Bangladesh plans to house South-South centre

Bangladesh is planning to establish an international South-South Centre in Dhaka as part of its plan to project itself as an emerging leader in the Global South. The country is likely to make a formal proposal for this in the upcoming high level United Nations conference on South-South Cooperation scheduled...

Invest in Bangladesh, PM urges expats

Prime Minister Sheikh Hasina on Monday urged the Bangladeshi expatriates living in the UK to invest in Bangladesh's various sectors, particularly the food-processing industry, reports UNB.She made the call when visiting Speaker of the Tower Hamlet Council in London Ayas Miah met her at her Jatiya Sangsad Bhaban office.Prime Minister's...

World shares tick higher on US-China trade deal optimism

Global shares rose on Monday amid growing optimism the United States and China will reach a trade agreement as soon as this month, report agencies. US President Donald Trump and Chinese President Xi Jinping might seal a formal trade deal around March 27, given progress in talks between the two...

Members of the task force of Dhaka South City Corporation

Members of the task force of Dhaka South City Corporation conducting a drive against storage of flammable materials at a factory in Hazaribagh residential area in the city on Monday — FE photo

BIWTA resumes eviction drive on river banks today

The Bangladesh Inland Water Transport Authority (BIWTA) will relaunch eviction drive on the bank of the River Buriganga and Turag today (Tuesday), an official said. "We will start eviction drives again from Tuesday (today) against illegal encroachment on the River banks of the Buriganga and Turag," AKM Arif Uddin (Joint...

Five security personnel suspended, BAF sergeant closed

Two civil aviation security officials and three Ansar personnel, who were all on duty during the attempted hijack of a Biman plane, have been suspended, reports bdnews24.com.A sergeant in the Bangladesh Air Force has been closed, said AKM Rezaul Karim, the public relations officer of the Civil Aviation Authority, Bangladesh...

India starts electronic surveillance on BD border from today

NEW DELHI: A "highly porous" riverine section of the Indo-Bangladesh border in Assam will be put under electronic surveillance from today (Tuesday), according to a report by zeenews.india.com. Indian Union Home Ministry (MHA) said Monday that the surveillance would check illegal immigration and smuggling of arms, ammunition, drugs and cattle.The...

Tornado kills 23 in Alabama, toll may rise

At least 23 people, some of them children, died after a tornado swept through Lee County, Alabama on Sunday, and the death toll was expected to rise as rescuers searched through the rubble of destroyed homes, authorities said, reports Reuters.Emergency workers faced a grim night of pulling the dead and...

Cabinet okays BKSP Bill

The Cabinet approved on Monday in principle the 'Bangladesh Krira Shikkha Protishtan Bill, 2019' to increase the number of its board members to 20 from 10, reports UNB.The approval came at the cabinet meeting held with Prime Minister Sheikh Hasina in the chair at her office in the city.The bill...

Pakistan airspace fully reopened

ISLAMABAD, Mar 04 (AFP): Pakistan fully reopened its airspace on Monday, authorities said, days after it closed its skies to all air travel, leaving thousands stranded worldwide as tensions with nuclear arch-rival India soared.The decision to close the airspace came last Wednesday after a rare aerial dogfight between India and...

Candidates of DUCSU election

Candidates of DUCSU election and their supporters distributing leaflets among students as part of their polls campaign on the Dhaka University campus on Monday — Collected

Kamal seeks increased Saudi investments

Finance Minister AHM Mustafa Kamal has sought increased investments from the Kingdom of Saudi Arabia (KSA), saying that a more business-friendly environment now prevails in the country.There are scopes for investing in sectors like power, renewable energy, telecom, pharmaceuticals, shipbuilding, and agro processing industry, he added.The minister made the call...

Workers of Khalispur Jute Mills staging a protest

Workers of Khalispur Jute Mills staging a protest procession in Khulna on Monday to press home their eight-point demand — Focus Bangla