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

Summit’s FSRU fails to increase RLNG supply

The new LNG import terminal has 'failed' to increase the overall supply of re-gasified LNG (RLNG) to the national grid.State-owned Petrobangla, however, started counting 'capacity payment' charge of around US$ 200,000 per day from the day after commissioning of the second LNG (liquefied natural gas) import terminal owned by Summit...

Beef still selling at high price, as traders ignore fixed rate

Traders were still selling beef at a high rate on Tuesday, defying the city corporation-fixed rate. The price of beef, which has been on the rise over several months, has already gone beyond the reach of the common people. On Monday, the Dhaka South City Corporation (DSCC) fixed the beef...

ACC finds evidence of graft at DPDC Jurain office

The Anti-Corruption Commission (ACC) found on Tuesday evidence of graft and other irregularities at Jurain office of Dhaka Power Distribution Company (DPDC) during an enforcement drive.The commission, in its hotline-106, received complaints that the DPDC meter readers via brokers charge extra money to the customers for providing different services.Acting on...

Subir Nandi passes away at Singapore

Eminent singer Subir Nandi died at a hospital in Singapore early Tuesday. He was 66, reports UNB.He died around 4:30am, said Dr Samanta Lal Sen, chief coordinator of National Institute of Burn and Plastic Surgery, who also supervised his treatment.His body will be brought to Dhaka today (Wednesday) by a...

Myanmar frees Reuters journos

YANGON, May 07 (AP): Two Reuters journalists who were imprisoned for breaking Myanmar's Official Secrets Act over reporting on security forces' abuses of Rohingya Muslims were pardoned and released on Tuesday.The convictions of Wa Lone, 32, and Kyaw Soe Oo, 28, had drawn condemnation from rights groups, Western governments and...

China’s Liu going to US for trade talks

BEIJING/WASHINGTON, May 07 (Reuters): Chinese Vice Premier Liu He will visit the United States this week for trade talks, Beijing said on Tuesday, playing down a sudden increase in tension after US President Donald Trump vowed to impose new tariffs. US officials have said China has backtracked on substantial commitments...

Three killed in ‘gunfights’ in city, two dists

Two suspected drug dealers and a rape accused were killed in reported gunfights in the capital, Munshiganj and Rangpur on Tuesday, report agencies.The incident in Dhaka took place in the Dumoni area of the 300 Feet Road in Khilkhet around 1.00am on Tuesday. RAB-1 Squad Commander Assistant Superintendent of Police...

Refusal to turn over Trump tax returns sets up legal fight

WASHINGTON, May 07 (AP): Treasury Secretary Steven Mnuchin has made it official: The administration won't be turning President Donald Trump's tax returns over to the Democratic-controlled House.Mnuchin told Ways and Means Committee Chairman Richard Neal, D-Mass., in a Monday letter that the panel's request "lacks a legitimate legislative purpose" as...

RAB executive magistrate Sarwar Alam

RAB executive magistrate Sarwar Alam conducting an anti-adulteration drive at Badamtali in the city on Tuesday — Focus Bangla