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

Selection of operator delayed over disputes

The Civil Aviation Authority of Bangladesh (CAAB) is facing hurdles in completing the process of selecting an operator for the third terminal at Hazrat Shahjalal International Airport (HSIA) following some disputes over the proposed agreement to this effect. The negotiations between the CAAB and the Japanese consortium, which has been...

Expensive railway line earns far below targeted revenue

The newly built Ishwardi-Dhalarchar railway line was able to earn only 0.60 per cent of its revenue-earning target set for the fiscal year (FY) 2023-24.It earned revenue amounting to Tk 17.33 million in FY'24 as against the target of Tk 2.89 billion, according to a report of the Implementation Monitoring...

Dhaka-Ctg oil transportation pipeline operation begins this month

CHATTOGRAM, Aug 08: The construction of Bangladesh's first-of-a-kind oil-transportation pipeline has been completed spending Tk 36 billion, and its operation is expected to begin this month, enabling BPC to save time, costs and curb system loss and environmental pollution.The pre-final commissioning of the pipeline took place in June and Bangladesh...

Residential buildings constructed in an unplanned way line the bank of the Buriganga at Lalbagh

Residential buildings constructed in an unplanned way line the bank of the Buriganga at Lalbagh in Old Dhaka. Small factories in the area discharge their toxic effluents into the river polluting its water. The picture was shot on Friday. — FE photo

NCC to sit with experts, parties to set implementation method

The National Consensus Commission (NCC) is going to sit with experts and political parties to determine the implementation mechanism amid a big opportunity created for change in Bangladesh's politics.The commission will first hold discussions with experts. In light of those discussions, it will then hold a third round of discussions...

Tarique vows to build BD as a democratic welfare state

Bangladesh Nationalist Party (BNP) Acting Chairman Tarique Rahman has expressed his determination to build Bangladesh as a democratic welfare state if his party is voted to power in the upcoming national elections, reports BSS."Fascism has been defeated in the mass uprising of students, workers and the public in July, following...

Master plan drawn up to protect Saint Martin's Island

The interim government is working to formulate a master for Saint Martin's Island, the country's only coral-rich ecosystem, reports BSS. "Work is also underway to finalise a master plan for the island, along with waste management measures and alternative livelihood programmes for local residents," Dipankar Bar, public relations officer of...

US retailers halt Indian RMG shipments

Major US retailers, including Walmart, Amazon, Target, and Gap, have begun suspending imports of apparel and textile products from India. This action comes after US President Donald Trump imposed a 50 percent tariff on Indian goods, as reported by agencies.In another development, New Delhi has decided to put on hold...

Palestinians watch as a plume of smoke rises during an Israeli strike on Gaza

Palestinians watch as a plume of smoke rises during an Israeli strike on Gaza City's southern al-Zeitoun neighbourhood on Friday. Israel's military will "take control" of Gaza City under a new plan approved by Prime Minister Benjamin Netanyahu's security cabinet, touching off a wave of criticism Friday from both inside...

Labour leaders press for law amendment before polls

Labour leaders and rights activists have urged the government to amend the labour law and implement the recommendations of the 2024 Labour Reform Commission (LRC) on a priority basis before announcing the national election schedule.They made the call on Friday at a discussion titled "One year of the interim government:...