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

Net sales of savings tools up 8.0pc in nine months

The net sales of state-run savings instruments rose by more than 8.0 per cent in nine months of the current fiscal year (FY), compared to the same period of the previous fiscal.According to the Department of National Savings (DNS) data, the net sales of savings tools in the July-March period...

Bangladesh captain Mashrafe Mortaza celebrates with teammates

Bangladesh captain Mashrafe Mortaza celebrates with teammates after taking the wicket of West Indies' Sunil Ambris (not pictured) in their match against West Indies during the Tri-Nation Series in Dublin on Monday — AFP

Bangladesh seeks to forge strong economic ties with EEU

Bangladesh and the Eurasian Economic Commission (EEC) are set to sign an agreement on cooperation in 21 sectors to facilitate bilateral trade and economic development.Commerce Minister Tipu Munshi and a member of the EEC board will sign the deal in Moscow on May 31, officials said.The EEC is the executive...

WASA’s failure to submit report on water quality

The High Court expressed on Monday discontent as the authorities of Dhaka Water Supply and Sewerage Authority (DWASA) failed to submit a report after examining its water supplied to different areas, reports UNB.The HC bench of Justice JBM Hassan and Justice Md Khairul Alam also asked the Ministry of Local...

Locals block Dhaka-Ctg highway

CHATTOGRAM, May 13: Vehicular movements were disrupted on the Dhaka-Chattogram Highway, as local people put up barricade in City Gate area for one hour on Monday.They demanded immediate arrest and punishment of the killers of Sandhya Rani (60) of Kattoli Kali Bari and drug peddlers of the area. Drug peddlers...

It’s in our hands but being poorly handled

There was a time when, without using jargon, we handled biodiversity sensibly enough even as we sought to increase food production. Trees were planted for each that was cut down, enough cattle was retained as others were sold for consumption and home grown poultry was the only species consumed and...

Trial of Khaleda’s cases to be held at Keraniganj now

The trial proceedings of 17 cases against BNP chairperson Khaleda Zia will now be held at a special court set up in Keraniganj Central Jail in Dhaka, report agencies.The former prime minister, sentenced to 17 years in jail in two corruption cases, is now undergoing treatment at the Bangabandhu Sheikh...

ACC submits annual report to President with 120 proposals

The Anti Corruption Commission (ACC) submitted on Monday its annual report to President Md. Abdul Hamid with 120 proposals to get rid people of corruption-related hassles. At the same time, the national anti-graft watchdog identified possible sources of corruption and irregularities in the government service delivery system, according to ACC...

Govt issues tender for 1.345m tonnes of oil products

Bangladesh Petroleum Corporation (BPC) has issued an international tender to import as much as 1.345 million tonnes of refined oil products for the second half of 2019, officials said on Monday, reports Reuters. The state-owned company is seeking 940,000 tonnes to 1.12 million tonnes of gasoil with a sulphur content...

Europe warns US against Iran escalation as tensions mount

BRUSSELS, May 13 (AFP): Europe urged the US on Monday not to further escalate tensions over the Iran nuclear deal, with Britain issuing a stark warning of the risk of conflict erupting "by accident" in the Gulf.US Secretary of State Mike Pompeo made a last-minute visit to Brussels where he...

ACC sues Falu, others for money laundering

The Anti-Corruption Commission has filed a money laundering case against four businesspeople, including BNP chief Khaleda Zia's former adviser Mosaddak Ali Falu and SAK Ekramuzzaman for siphoning off about Tk 1.84 billion to Dubai through offshore companies, reports bdnews24.com.The ACC filed the case with Uttara Police Station on Monday, said...

Jute ministry seeks cash incentives for 49 more diversified products

The ministry of textiles and jute has urged the finance ministry to provide cash incentives to 49 more diversified products.The jute ministry sent a letter with the request and a list of proposed products to the finance division on Wednesday last.Presently, 232 diversified jute goods exporters receive 20 per cent...

RAB personnel arrest six persons

RAB personnel arrest six persons of a gang of imposters with fake seals of various government offices, fake appointment letters, CVs of job seekers, from different parts of the city. The photo was taken at RAB media centre on Monday — Focus Bangla