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

Ambitious reforms urgent for Bangladesh to attract FDI

Bangladesh urgently needs ambitious reforms to attract more foreign direct investment (FDI) and stimulate domestic private investment by ensuring better coordination among government agencies - especially on policy matters. In an interview with The Financial Express, Hoe Yun Jeong, the Asian Development Bank (ADB) Country Director for Bangladesh, put forward...

Keep Ctg port functional for 24 hrs for smooth export-import

Apparel sector leaders on Wednesday urged the interim government to take measures for keeping Chattogram port functional for 24 hours a day for smooth export-import activities.Otherwise, factory owners would not take the responsibility to pay wages to workers ahead of Eid-ul-Azha, they said."Chattogram port is not functioning while Eid is...

Government to go tough on syndication, extortion

The government has planned to supply 30,000 tonnes of salt free of cost to help preserve the rawhides and skins of sacrificial animals across the country during the upcoming Eid-ul-Adha.Commerce Adviser Sk Bashir Uddin said this while talking to newsmen after a meeting at the Secretariat on Wednesday. Power and...

Siam likely to be next FS as Jashim quits

Bangladesh Ambassador to the USA, Asad Alam Siam, is likely to be the next Foreign Secretary of Bangladesh, competent sources told the FE on Wednesday, amid speculation of a change in the post.Asked about the matter, Foreign Adviser Touhid Hossain, however, declined to disclose the name of the next FS...

Supporters continue demos for Ishraque's oath-taking as DSCC mayor

Supporters of BNP leader Ishraque Hossain staged demonstrations on Wednesday reiterating their demand that he be handed the responsibilities of mayor of the Dhaka South City Corporation (DSCC) making no further delay.During the protests, vehicular movement came to a standstill on the roads leading to the Matsya Bhaban, Kakrail Mosque,...

Restructure EC, hold local govt polls first

The National Citizen Party (NCP) was strongly critical of the election commission, saying that it is acting as a mouthpiece for a particular political party instead of fulfilling its constitutional responsibilities. They also announced that they would continue their protests, demanding steps to restructure the election commission and hold the...

TCB hikes prices of oil, sugar, lentil ahead of Eid

The state-run Trading Corporation of Bangladesh (TCB) has increased the prices of edible oil, sugar, and lentil as it will begin sale of commodities through trucks from today (Thursday).In the Dhaka and Chittagong, commodities will be sold through 50 and 20 trucks respectively. Besides, the essentials will be sold in...