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

Low export earnings for poor patronage, skills, innovation

The country's handicraft sector faces multiple challenges like inadequate finance for entrepreneurs and lack of innovation in designs, compounded by skill gaps, resulting in lower-than-expected export earnings.Besides, unorganised supply chain, limited competitiveness and weak country branding are also contributory factors for this sluggish state of the promising sector, according to...

Kuwait likely to fund ERL unit II

CHATTOGRAM, Mar 14: As S Alam Group's partnership with the Eastern Refinery Limited (ERL) has been cancelled, the second unit of the ERL will now be built under the Bangladesh Petroleum Corporation (BPC) with state funds along with a foreign financer.Meanwhile, the Ministry of Energy and Mineral Resources has written...

Action initiated against former ambassador for FB post

The Ministry of Foreign Affairs has initiated actions against Mohammad Harun Al Rashid, the former Ambassador of Bangladesh to Morocco, for posting a controversial write-up on his Facebook profile, which criticized the interim government instead of returning to Dhaka as instructed, reports UNB.Harun Al Rashid was recalled by the Ministry...

Sundarbans at stake as erosion shrinks forest land

KHULNA, March 14 (UNB): The Sundarbans, the world's largest mangrove forest and a UNESCO World Heritage Site, is facing an alarming threat as relentless riverbank erosion steadily devours its landmass, displacing communities, destroying infrastructure and shrinking vital forest cover.Spanning the delta region of the Padma, Meghna and Brahmaputra river basins,...

Man commits suicide by jumping under train

A man in Gazipur's Sreepur Upazila has allegedly killed himself by jumping under a train, reports bdnews24.com.Before jumping, he wrote a post on Facebook saying: "Live a happy life, princess."In another Facebook status, he wrote: "Sreepur Railway Station! Today, I'll become a body mangled by a train."The incident occurred around...

With Eid-ul-Fitr drawing nearer, shoppers flock to different markets

With Eid-ul-Fitr drawing nearer, shoppers flock to different markets in the city to buy new dresses. This photo was taken at New Market on Friday. — FE photo by Asad-Uz Zaman.

Mild heatwave sweeping over six dists

A mild heatwave is sweeping over six districts in Bangladesh and it is not likely to cool down anytime soon, the Bangladesh Meteorological Department says, reports bdnews24.com.The heatwave was passing over the Faridpur, Rajshahi, Ishwardi, Khulna, Jashore and Chuadanga districts, Meteorologist Tariful Newaz Kabir said after the release of the...

Vitamin A campaign today

The national Vitamin 'A' plus campaign will be carried out across the country today (Saturday), aiming to feed vitamin A plus capsules to all children aged between six and 59 months, reports UNB.As part of the countrywide campaign, children aged 6-11 months will be provided blue capsules, while children aged...