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

Interim govt averse to cost hike, tenure extension

The Bus Rapid Transit (BRT) project is set to be revised the fourth time with a significant increase in both time and cost for a number of reasons that include wrong planning and design from the beginning. The other reasons include a wrong selection of contractors and a lack of...

India's transshipment cancellation is no issue, says Bashir

Commerce Adviser Sk Bashir Uddin on Thursday said India's sudden cancellation of trans-shipment facilities will not cause any problem as the government will try to overcome the situation on its own, reports UNB."These (trans-shipment) facilities have been cancelled abruptly. I held a meeting with all relevant stakeholders yesterday. We do...

Bangladesh's trade with Bhutan, Nepal marginal

Bangladesh's bilateral trade with Bhutan and Nepal is marginal compared to its overall external trade despite having a preferential trade arrangement with Bhutan. Bangladesh signed the first-ever preferential trade agreement (PTA) with Bhutan in 2022.In FY23, Bangladesh exported 48,067 metric tonnes of goods worth Tk 4.20 billion to Bhutan and...

Arrest warrant issued against Hasina, Putul on graft charges

A special court Thursday issued an arrest warrant against ousted prime minister Sheikh Hasina, her daughter Saima Wazed (Putul) and 16 others on a graft charge.Judge of the Metropolitan Senior Special Judge's Court in Dhaka Md Zakir Hossain passed the order after taking the charge submitted by the Anti-Corruption Commission...

Two killed in Kamrangirchar mob beating

Two people were killed and another injured in a mob beating in the Sylhetia Bazar area of Kamrangirchar on Wednesday night.The deceased were identified as Nadim, son of Sultan Mia from Shahidnagar in Lalbagh, and Masud, son of Sona Mia from Acharwala Ghat area in Kamrangirchar, reports UNB.The injured, identified...

4 Bangladeshi trucks sent back from Benapole Port

Benapole, Apr 10 (UNB): Four Bangladeshi trucks carrying goods were sent back from Benapole Port on Wednesday evening as India revoked the long-standing transshipment facility granted to Bangladesh which allowed its goods to be exported to third countries via Indian land ports.Rashedul Sajib Nazir, Deputy Director of Benapole Port, said...

EU to put tariff retaliation on hold for 90 days

BRUSSELS, Apr 10 (AP): The European Union's executive commission said Thursday it will put its retaliation measures against new US tariffs on hold for 90 days to match President Donald Trump's pause on his sweeping new tariffs and leave room for a negotiated solution.European Commission President Ursula von der Leyen...

Govt permits 18,150 tonnes of aromatic rice export

The commerce ministry has granted permission to 133 companies in the country to export 18,150 tonnes of fragrant rice.This time, permission has been given to export 100 to 500 tonnes of rice, depending on the capacity of a company. The permission will remain valid until September 30.The ministry sent a...

BNP protests Israeli aggression on Gaza

The Bangladesh Nationalist Party takes out a procession in the capital on Thursday to protest unprovoked Israeli aggression against Gaza. — FE Photo Tens of thousands of people on Thursday joined processions brought out by the Bangladesh Nationalist Party (BNP) in capital Dhaka and other divisional cities in protest against...