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

BD attractive place for investment: Pranab

Visiting former Indian President Pranab Mukherjee said on Monday Bangladesh is now an attractive place for investment, reports UNB.Pranab Mukherjee said this when he met Prime Minister Sheikh Hasina at her official residence Ganobhaban.After the meeting, Prime Minister's Press Secretary Ihsanul Karim briefed reporters.On his arrival at Ganobhaban, Prime Minister...

Revenue growth may remain well below the target this fiscal

Growth in this fiscal's government tax-revenue collection may decline substantially, economists predict, as the first-half receipts fell short of target by Tk 126.21 billion. They read a reflection of slower economic activity of the country in the tax-target shortfall during the first half (H1) of the current Fiscal Year (FY)....

Turkey likely to impose higher anti-dumping duty

Turkey is likely to impose higher rate of anti-dumping duty on export of yarn/thread from Bangladesh upon its failure to prove the alleged violation of the product's rules of origin, industry insiders said.A team of Turkish consultants recently informed the Bangladesh Textile Mills Association (BTMA) that the Turkish government has...

BFSA monitoring withdrawal of Lactalis products

Bangladesh Food Safety Authority (BFSA) has been monitoring the withdrawal of French baby foods from the local market for bacterial contamination in many countries, officials have said. Besides, the authority at a meeting on Monday decided to continue for next three months to carry out inspection of alleged presence of...

Disruption to flight operations, ferry services continues

Thick fog disrupted flight operations at Hazrat Shahjalal International Airport and ferry services on Paturia-Daulatdia and Shimulai-Khathalbari routes on Monday, causing sufferings to thousands of passengers, report agencies.Rezaul Karim, public relations officer at Civil Aviation Authority of Bangladesh (CAAB), said the flight operations at the airport were suspended at 5:50am...

Cabinet approves guideline for ridesharing service

The Cabinet on Monday approved the draft of Ridesharing Service Guideline, 2017 to bring the app-based transport services under a legal framework, report agencies.Under the guideline Uber, Pathao and other ride-sharing services need to register with the Bangladesh Road Transport Authority (BRTA)."The ridesharing services are already available in the country,...

Kuakata -- a paradise not to be lost

With its panoramic sea front, Kuakata is a new but popular destination in the tourist map of the country. Situated at the southern tip, about 350 motorway kilometres from Dhaka, it is an enriched site blended with natural, cultural and historical treasures which have the potential to become a very...

Prices of rice, onion become normal: JS told

Commerce Minister Tofail Ahmed told Parliament on Monday that prices of rice and onion have become normal gradually in the market, reports UNB.The rice price increased as flood damaged crops in the northern and Haor areas, said Tofail. It is not true that the price did not fall, he said...

HC delivers split verdicts on article 70

The High Court has issued a split decision on the constitutionality of Article 70, which requires members of parliament to vacate their seats for switching or voting against their parties, reports bdnews24.com.Justice Moyeenul Islam Chowdhury and Justice Md Ashraful Kamal heard a petition on the matter on Monday before issuing...

An exhausted teacher falls asleep during the ongoing hunger strike

An exhausted teacher falls asleep during the ongoing hunger strike of Ebtedayee madrasa teachers in front of the National Press Club on Monday. — FE Photo

Fire at a city building

A small fire broke out at a multistoried commercial building in the capital's 217 Shaheed Nazrul Islam Sarani (former 44 Topkhana Road) on Monday at around 7:00 pm. The flame originated from a deep refrigerator, placed in the office room of Metropolitan Hotel, located on the third floor of the...