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

Housing supply in Dhaka to shrink

Supply of new real estate in the capital city is expected to decrease in the coming days, as the number of applications for the approval of new buildings' plan from the RAJUK has been showing a declining trend in recent years.The country's challenging economic situation, higher living costs, political uncertainty...

12kg LPG cylinder price up by Tk 4

The Bangladesh Energy Regulatory Commission (BERC) on Tuesday increased the price of liquefied petroleum gas (LPG), with the price of commonly used 12 -kg LPG cylinder has been decided to be sold at Tk 1,459 for January trading under the new value-added tax (VAT) and tax measures, BERC stated.The price...

The back of a man's T-shirt is covered with graffiti depicting ousted prime minister Sheikh Hasina in a

The back of a man's T-shirt is covered with graffiti depicting ousted prime minister Sheikh Hasina in a disgraceful manner. The graffiti originated from a metro rail pillar, labelled 'Monument of Hate', on the campus of Dhaka University. The photo was shot on Tuesday. — FE photo by Asad-Uz-Zaman

BPDB seeks Tk 80b urgent subsidy payment from government

The Bangladesh Power Development Board (BPDB) has sought a Tk 80 billion urgent fund from the government to maintain uninterrupted power supply across the country. The government owes BPDB around Tk 265 billion in subsidy payments. It will pay the subsidy to fill the gap created by BPDB's sale of...

MoU inked to import atap rice from Pakistan

Bangladesh and Pakistan on Tuesday signed a memorandum of understanding (MoU), under which the former will import non-basmati white rice (atap or sun-burned rice) from the latter on a government-to-government (G2G) basis.Bangladesh's Directorate General of Food and the Trading Corporation of Pakistan signed the MoU on behalf of their respective...

Businesses from both sides stress bilateral FTA or PTA

Businesses from Bangladesh and Pakistan at a meeting in Dhaka on Tuesday stressed the need for signing a bilateral free- or preferential-trade agreement to unlock full trade potential between the two countries.They observed that the bilateral trade remains less than expected as it faces significant challenges, including non-tariff barriers and...

Ex-state minister Babar, 4 others acquitted

The High Court on Tuesday acquitted former state minister for Home Affairs Lutfozzaman Babar and four others in a case filed under the Arms Act in connection with the smuggling of 10-truck arms.At the same time, the court commuted the conviction of Paresh Baruah, a leader of the United Liberation...

BNP sees polls possible by Aug

The BNP on Tuesday said the interim government could arrange the next national election by August this year in the greater interest of the country, report agencies."We think that the election is possible in the middle of this year, and that means between July and August," said party Secretary-General Mirza...

Workers demand reopening of Beximco factories

Several thousand workers of 16 closed factories of Beximco Group staged a human chain on Nabinagar-Chandra highway at Kaliakoir in Gazipur on Tuesday, demanding immediate reopening of the factories and resumption of the letter of credit (LC) facilities.They queued up for holding the 10-km human chain with banners and festoons...