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

Body to propose changes to Road Transport Act

A committee working on the implementation of the Road Transport Act-2018 is set to put forward its recommendations to amend the act to remove inconsistencies.At a meeting on Wednesday, the committee, formed by the National Road Safety Council (NRSC), decided to propose three changes to the act, sources said. It,...

Tourist arrivals rise in five years

The number of foreign tourists' arrival in Bangladesh increased over the past five years, according to data revealed at a programme on Wednesday.The number of foreign tourists was about 0.16 million in 2014 which slightly declined in 2015 reaching 0.14 million, before increasing again to 0.20 million in 2016, about...

Efforts on to fix it out of court: Kamal

Finance minister AHM Mustafa Kamal said on Wednesday an effort is underway to settle out of court the dispute between telecoms regulator and operators Grameenphone and Rabi over unpaid dues."(A) fruitful discussion is going on. Both of us have come forward," he told the media after a meeting of the...

'Sino-Bangla ties crucial to Asian stability'

Chinese ambassador Li Jiming on Wednesday said the consolidation of China-Bangladesh partnership serves not only the common interests of the two nations, but also the stability of Asia. The envoy made the remarks while addressing a reception hosted by him to celebrate the 70th anniversary of the founding of China....

LR Global accuses some AMCs of price manipulation

LR Global Bangladesh Asset Management Company Limited has brought allegations over manipulating the unit price of one of its mutual funds (MF) against some other asset management companies (AMCs) and institutional investors.In a press release, issued on Wednesday, LR Global said those parties accumulated a substantial number of units of...

Legal notice served on government

A legal notice has been issued on Wednesday upon the government to take action against former civil aviation and tourism minister Rashed Khan Menon and two others for their involvement with casino gambling in the country.Two other persons are Md Shamsul Huq Chwodhury, whip of the national parliament and Md...

Death toll hits 10 in Sunamganj boat capsize

Rescuers have recovered six more bodies after a boat capsized in the Kaliakuta Haor in Sunamganj's Derai Upazila on Tuesday, reports bdnews24.com.The bodies were pulled from the swamp between 6am and 12pm on Wednesday, said Derai Police Station OC KM Nazrul Islam, as the death toll climbs to nine.Seven children...

Govt allows 500 tonnes of hilsa export to India

The government has allowed the export of highest 500 tonnes of hilsa to India on the occasion of Durga Puja, the biggest religious festival of the Hindu community, reports UNB.The Commerce Ministry took the decision on Wednesday as a gesture of goodwill, said its public relations officer Md Abdul Latif...

Agriculture minister directs officials to complete projects within time

Agriculture Minister Dr Muhammad Abdur Razzaque directed the officials on Wednesday for expediting the activities of the projects so that those can be completed within the stipulated time, sources said. He also urged the grass root level officials to discharge their duties with utmost sincerity and dedication.The minister made the...