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

Move to spur potato production, export

The government has made a move to increase both production and export of potato at full length with an eye to ensuring fair prices of this spud for farmers.As part of the initiative, agriculture ministry has recently prepared a roadmap with intent to increase potato production and increase its shipment...

Bangladesh almost self-sufficient in cardiac care: PM

Prime Minister Sheikh Hasina on Friday said the country's health sector has witnessed significant progress despite various limitations over the last 14 years, reports UNB."Bangladesh is now almost self-sufficient in cardiac care. Bangladesh has the capacity to treat 95 to 98 per cent of cardiovascular diseases as skilled manpower, modern...

Book lovers crowd around a stall at Amar Ekushey Book Fair

Book lovers crowd around a stall at the Amar Ekushey Book Fair at Suhrawardy Udyan in the capital on Friday. The day, being a weekly holiday, saw a large number of visitors flocking to the fair. — FE photo

14th anniv of Pilkhana carnage today

The 14th anniversary of the atrocious carnage at the Pilkhana BDR (now BGB) headquarters in the capital will be observed today (Saturday), reports UNB.A total of 74 people, including 57 army officers, were killed in the carnage beginning on this day in 2009.Marking the day, Border Guard Bangladesh (BGB) will...

Modi calls for World Bank reform at G20 finance meet

BENGALURU, India, Feb 24 (AFP): Indian Prime Minister Narendra Modi added his voice Friday to calls for the reform of global lenders such as the World Bank, as G20 finance ministers and central bank heads met.The talks in Bengaluru were expected to focus on the continuing damaging effects of the...

Five Bangladeshis killed in South Africa crash

Five Bangladeshi nationals were killed and two others injured in a road accident in South Africa, a foreign ministry official said on Friday, reports UNB.The deceased have been identified as Abul Hossain, 45, and his son Nadim Hossain, 10, Raju Ahmed, 34, Ismail Hossain, 38, and Mostafa Kamal, 40.Md. Tarikul...

Govt unfavours cattle import from neighbouring countries

The government is not in favour of importing cattle from the neighbouring countries with a view to protecting interest of the domestic livestock sector.A government body-- Department of Livestock Services (DLS)--says 'no' to a proposal of the commerce ministry to allow cattle import from the neighbouring countries.If cattle are imported...

Redetermination of duty rate not applicable after In-Bond Bill of Entry: SC

The Appellate Division of the Supreme Court has ruled that if the In-Bond Bill of Entry is submitted once any subsequent development in case of determination of goods value or any redetermination of rate of duty or taxes shall not affect the value of the goods concerned or the rate...

Thrust on exploiting youth potentiality in start-ups

Speakers at an event on Friday laid emphasis on exploiting youth potentiality and building branding for businesses with an eye to creating and attracting prospective customers.Home-grown entrepreneurs need to be consistent and create a market demand to improve and grow their businesses, they opined.Their views came at a start-up conference...

Global trade 'resilient' during Ukraine war, says WTO

GENEVA, Feb 24, 2023 (BSS/AFP) - Russia's war in Ukraine did not dent global trade in 2022 as badly as feared, the World Trade Organization said Thursday-and Russia's export values even surged.A year on since the full-scale invasion, the WTO concluded that trade had proved "remarkably resilient", with importing countries...

Japan inflation hits 4.2pc in January

TOKYO, Feb 24 (AFP): Japan's consumer prices rose 4.2 percent in January from a year earlier, a level not seen since September 1981, fuelled in part by higher energy bills, government data showed Friday.The reading comes with traders awaiting an appearance in parliament by Bank of Japan chief nominee Kazuo...

Travel agents seek extra Umrah flights during Ramadan

The country's travel agents have recently urged two airlines to increase the number of flights from Dhaka to Saudi Arabia aiming to facilitate Umrah pilgrims' journey during season centring Ramadan.Association of Travel Agent of Bangladesh (ATAB) made the requests to Biman Bangladesh Airlines and Saudia Airlines through letters issued on...

PM urges Canadian entrepreneurs to invest in Bangladesh

Prime Minister Sheikh Hasina today called upon the Canadian entrepreneurs to invest in Bangladesh, particularly in agro-processing sector, reports BSS.She made the call when visiting Canadian Minister of International Development Harjit S Sajjan paid a courtesy call on her at the latter's official residence Ganabhaban in Dhaka.Prime Minister's speech writer...

Rohingya community leader shot dead in Cox's Bazar

Cox's Bazar, Feb 23 (UNB): Another leader of the Rohingya community was shot dead by unknown assailants in Ukhia upazila of Cox's Bazar district on Thursday.The deceased was identified as Mohammad Selim, 28, a sub-majhi (deputy head) of Kutupalong camp.Sheikh Mohammad Ali, officer-in-charge of Ukhia Police Station, said Selim was...

Rickshaw-van driver hacked to death in Panthapath

DHAKA, Feb 24 (BSS): A rickshaw-van driver was hacked to death by unidentified assailants in the capital's Panthapath area early today.The deceased, Md Faruk, 28, used to live at Kawranbazar Railway slum and carry different goods to and from the area."Locals brought him to Dhaka Medical College Hospital (DMCH) in...