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

PM meets President, apprises him of India, US tours

Prime Minister Sheikh Hasina made a courtesy call on President Abdul Hamid at Bangabhaban on Wednesday evening, reports UNB."The Prime Minister discussed different state-level issues, especially her recent visits to the USA and India, with the President," President's Press Secretary Md Joynal Abedin said while briefing reporters after the meeting.The...

Eighth FYP set to deal with multiple challenges

The next eighth five-year plan (FYP) is set to deal with multiple challenges to be faced by Bangladesh after its graduation to a middle-income status in 2024.A review meeting on the apex national planning document was told last September.The eighth FYP will be implemented from fiscal year (FY) 2020-21 to...

Govt to bring whole country under railway network

Prime Minister Sheikh Hasina on Wednesday vowed to make the railway a profitable sector saying that the government is working to bring the whole country under railway network, report agencies. "We want to show those who once wanted to shut down the non-profitable rail routes that these can be made...

Ministry asks ICDs not to charge addl tariff until next meet

The ministry of shipping (MoS) asked on Wednesday privately-owned inland container depots (ICDs) not to charge any additional tariff until the next meeting that is expected to provide a solution to a row over the issue.The ministry directive came as a meeting on this issue with shipping secretary Abdus Samad...

EU asks govt for action plan on labour rights situation

A visiting delegation of the European Union (EU) pressed the government on Wednesday for a time-bound action plan to address their concerns related to labour rights situation in the country to retain the trade benefits under its EBA (Everything but Arms) initiative. In a meeting with top officials of ministries...

BIDA to create database on foreign nationals

The Bangladesh Investment Development Authority (BIDA) is going to create a database on foreign nationals working in the country, its executive chairman Sirajul Islam said on Wednesday. "We are trying to create a database on foreign nationals working here. This will be done as part of an initiative to promote...

Depositors to lose trust on banks

Opposing the formation of an inquiry commission, the lawyer of bank owners warned it will create "mistrust" among depositors. "If an inquiry commission is constituted to probe into the irregularities in the banking sector, this will create mistrust among the people and the depositors." lawyer of the Bangladesh Association of...

5G mobile network service by 2023: BTRC

The fifth generation (5G) mobile network service will be available in the country by 2023, said Md Jahurul Haque, chairman of the Bangladesh Telecommunic-ation Regulatory Commission (BTRC), on Wednesday, reports UNB. Jahurul Haque said this while attending an event titled 'Seminar on 5G in Bangladesh' at Institution of Engineers, Bangladesh...

Drone spotted over KSRM site area

CHATTOGRAM, Oct 16: A drone was seen over the site area of KSRM at Sitakunda in Chattogram today. KSRM officials suspect that the drone might have taken photographs of KSRM industries from the sky, posing a threat to the security system of KSRM. Human Resources Officer of KSRM Ashab Uddin...

Riyadh urged to resolve row with Tehran thru talks

RIYADH, Oct 16(Dawn): Continuing with his endeavour to facilitate rapprochement between Saudi Arabia and Iran, Pakistan Prime Minister Imran Khan on Tuesday met Saudi King Salman bin Abdulaziz Al Saud and Crown Prince Mohammad bin Salman to encourage a negotiated settlement of disputes with Iran.A statement issued by the Foreign...