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

BD eyes greater energy sector cooperation with Brunei

BANDAR SERI BEGAWAN, Apr 23 (UNB): Bangladesh and Brunei agreed to explore the possibility of comprehensive collaboration in the energy sector amid the growing demand for energy in Bangladesh to support the rapid economic growth.Prime Minister Sheikh Hasina and Brunei's Sultan Haji Hassanal Bolkiah also agreed to encourage the relevant...

2018 net FDI inflow at $3.61b

The net inflow of foreign direct investment (FDI) in Bangladesh stood at $3.61 billion on a final count, according to the latest statistics of the central bank.Annual net FDI inflow jumped by 67 per cent last year as net FDI was $2.15 billion. In 2017, FDI dropped by 7.73 per...

Belt and Road News Network launched in Beijing

The Belt and Road News Network (BRNN), a platform of 182 media outlets from 86 countries, was launched in Beijing on Tuesday.Mr Huang Kunming, a politbureau member of the Communist Party of China and head of the Publicity Department, inaugurated the network at its first council meeting held at the...

BB raises NBFIs’ limit on borrowing

Country's non-banking financial institutions (NBFIs) will be allowed to borrow from the inter-bank call money market maximum 40 per cent instead of 30 per cent of their equities.The decision was taken at a meeting with the chief executive officers (CEOs) and managing directors (MDs) of NBFIs at the central bank...

Hundreds mass WASA office

WASA Managing Director (MD) Taksim A Khan skipped office on Tuesday as hundreds of protesters gathered outside his office to feed him 'pure' WASA water.Mizanur Rahman, a Jurain resident, turned up with others as per an earlier announcement to feed Mr Khan lemon juice with WASA water following the latter's...

Labour rights, social safety still big challenges: TIB

Issues relating to workers' rights and social safety in the garment sector are still receiving less attention than the promotion of business activities, according to a study conducted by the Transparency International Bangladesh (TIB).After the Rana Plaza building collapse in 2013, stakeholders took a total of 102 initiatives in a...

Sixth anniversary of Rana Plaza tragedy today

Today (Wednesday) is the sixth anniversary of Rana Plaza building collapse. The worst-ever industrial tragedy took place in Savar on the outskirts of Dhaka on this day in 2013, leaving at least 1,138 people dead and 2,500 others injured, mostly garment workers.Following the deadliest accident, poor state of workplace safety...

BB introduces online submission of 'EXP Form' for exports

The central bank has introduced online submission of 'EXP Form' for export of goods instead of the existing manual process to facilitate exporters of Bangladesh.Under the digital method, exporters will be able to submit their export declaration to banks concerned using his/her electronic devices from their offices/residences, according to officials."Such...

Sheikh Hasina consoling Sheikh Fazlul Karim Selim

On her return from Brunei Prime Minister Sheikh Hasina consoling Sheikh Fazlul Karim Selim, whose grandson Zayan Chowdhury died in a suicide bombing incident in Sri Lanka, at the Hazrat Shahjalal International Airport in the city on Tuesday — Focus Bangla