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

LNG price to be three times more than domestic gas

The government would require US$844.20 million to import around 1,000 million cubic feet per day (mmcfd) equivalent of LNG (liquefied natural gas) annually and its re-gasification in two FSRUs before supplying to users.The Energy and Mineral Resources Division (EMRD) under the Ministry of Power, Energy and Mineral Resources (MPEMR) has...

EPZs attractive destinations for investors, says PM

Prime Minister Sheikh Hasina on Wednesday urged both the local and foreign entrepreneurs to invest in Bangladesh as the country provides maximum facilities for them, reports UNB."Those who want to invest, you all can invest here. We want to provide all the necessary facilities to all the local and foreign...

UK to audit BD's air cargo security system again

The UK Department for Transportation (DFT) is set to conduct 'Air Cargo or Mail Carrier operating into the Union from a Third Country Airport (ACC3)' audit for the second time to examine again the performance of air cargo security system of the country, according to sources at Biman Bangladesh Airlines.They...

Unesco sends five certificates over 7th March Speech

United Nations Educational, Scientific and Cultural Organisation (Unesco) has sent five certificates to Bangladesh endorsing the inscription of the historic 7th March Speech of Father of the Nation Bangabandhu Sheikh Mujibur Rahman, reports UNB.Unesco sent the certificates, signed by its director general, recently to the Ministry of Foreign Affairs of...

Quality of credits central to latest monetary policy

Ensuring the quality of credits is central to country's second-half yearly (H2) monetary policy coming up amid flurries of criticism about bad loans in the banking sector. Helping government in achieving maximum economic growth prompts the central bank to focus on quality credit supply into productive activities in crafting the...

NBR simplifies VAT return submission process

The National Board of Revenue (NBR has simplified the process of submitting Value Added Tax (VAT) returns by introducing multiple ways of placing relevant documents to reduce the hassles allegedly being faced by the businesses.The returns through guaranteed express post (GEP) and courier services will be allowed, according to an...

Switzerland 'best country’

Switzerland isn't making headlines this week solely because it's hosting the 2018 World Economic Forum in Davos. The Alpine country was selected as "the best country in the world" by the 2018 Best Countries report, which is based on a survey of more than 21,000 "informed elites", business leaders, and...

UN for unhindered access to Rohingya camps in Myanmar

MAUNGDAW, Jan 24 (agencies): The United Nations on Wednesday called on Myanmar to give aid agencies unhindered access to camps it has built for Rohingya refugees before they can return.An international delegation advising Myanmar toured the Taung Pyo Letwe refugee camp outside the town of Maungdaw near the Bangladesh border....

Borrowers owe banks over Tk 656b in unpaid loans

Customers who had borrowed over Tk 100 million each in past 10 years still owe banks Tk 656.02 billion in unpaid loans, MPs have heard, bdnews24.com.The list of such loan defaulters features 1,956 individuals and organisations, Finance Minister AMA Muhith told parliament on Wednesday. In these 10 years, the Awami...

Pedestrians negotiate the debris-strewn road

Pedestrians negotiate the debris-strewn road in the capital's Lalmatia Block-D area as a pipeline is being installed. The photo was taken on Wednesday. — FE Photo