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

Three investment deals expected to be signed

Deals on investment in the power sector and in Special Economic Zones are expected to be signed during Prime Minister Sheikh Hasina's visit to Germany and the United Arab Emirates (UAE) starting today (Thursday).The Prime Minister will leave for Germany to attend the 55th Munich Security Conference (MSC). From there...

Coal import for Payra power plant by August likely

The authorities are expected to start large-scale coal import by August this year to run US$ 1.98 billion Payra power plant in Patuakhaili in southern Bangladesh.The Bangladesh-China Power Company Limited (BCPCL), the executing agency of the 1,320 megawatt (MW) thermal power plant, would import annually around 4.0 million tonnes of...

FSRU gas supply to nat'l grid rises to 450 mmcfd

CHATTOGRAM, Feb 13: Gas supply to the national grid from the maiden floating LNG import terminal in the deep sea rose to its maximum capacity on Tuesday morning as the pipeline started receiving 450 million cubic feet of gas a day.The gas supply to different regions from the national grid...

Govt mulls forming a sectoral confederation

The government is considering formation of a sectoral confederation to immediately solve the problems of the ready-made garment (RMG) workers for betterment of the sector.The move came following a proposal of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), placed to the government in this regard. A number of issues...

Service sector's H1 export earnings soar over 50pc

Export earnings from the country's service sector swelled up by more than 50 per cent during the July-December period or first half (H1) of this fiscal year (FY), 2018-19, over the corresponding period of last fiscal, official figures revealed on Wednesday.Bangladesh fetched more than US$ 2.87 billion during the first...

Body to probe Thakurgaon BGB firing

THAKURGAON, Feb 13 (UNB) : The local administration has formed a seven-member committee to investigate Tuesday's clash between villagers and members of Border Guard Bangladesh (BGB) that left three people dead and several injured.The probe body, headed by Additional District Magistrate Shilabrata Karmakar, was formed on Tuesday night to investigate...

Confce on financial inclusion in city on February 16

A daylong conference on financial inclusion will be held on February 16 to discuss and understand solutions to prevalent challenges, business opportunities and growth potential of financial inclusion in Bangladesh. University of Liberal Arts Bangladesh (ULAB), in partnership with bKash, is organising the event - 'The 2019 Financial Inclusion Summit'...

Court cancels bail of main accused

A court has cancelled the bail for Shafat Ahmed, the main accused in Banani rape case and ordered him to be sent to prison. The son of an Apan Jewellers' owner, he is under trial for the rape of two girls at a Banani hotel, reports bdnews24.com.Dhaka's Women and Children...

Fresh plot on to rename Zia Museum, relocate his grave, says BNP

BNP alleged on Wednesday that a fresh plot was on to rename the Zia Memorial Museum in Chattogram and relocate party founder Ziaur Rahman's grave from Sangsad Bhaban area, reports UNB.Party senior joint secretary general Ruhul Kabir Rizvi came up with the allegation while speaking at a press conference at...

A large "Baghair"

Labourers carrying a large "Baghair" at Poradaha fair in Bogra on Wednesday — Focus Bangla