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

Ecnec approves 150MW power plant project, eight others

The government approved on Tuesday a 150-megawatt oil-fired power plant at the northern township of Syedpur to improve electricity supply there.According to officials, construction of the simple-cycle facility will cost Tk 10.01 billion.The Bangladesh Power Development Board will implement the project by June 2021.The Executive Committee of the National Economic...

Dhaka strongly protests Myanmar propaganda

The foreign ministry summoned Myanmar Ambassador in Dhaka Lwin Oo on Tuesday to protest a false propaganda being carried out by his country against Bangladesh over a terrorist attack that took place in Maungdaw Township in Myanmar recently.Bangladesh also urged the Myanmar government to take effective measures to prevent any...

AIIB forecasts rise in BD infrastructure activity

Forecasting a rise in infrastructural activity in 2019, the Asian Infrastructure Investment Bank (AIIB) identified high cost and projected currency volatility as risk factors for Bangladesh."High costs pose an ongoing structural challenge to infrastructure development in Bangladesh," the AIIB said in its latest Asian Infrastructure Finance report on Tuesday.However, currency...

NBR to keep common register on anomalies

The customs authority has taken a move to maintain a common register on detected anomalies to sort out risk factors of import and export products.Central Risk Management Unit (CRMU) of the National Board of Revenue (NBR) instructed all the customs houses and land customs stations to compile their monthly data...

A workman decorating a stall

A workman decorating a stall on the premises of Ekushey Book Fair at Suhrawardy Udyan in the city on Tuesday — FE photo

BNP forms human chain in city today

Terming the 11th parliament as a 'fake and stigmatised' one, BNP Tuesday announced to form a human chain in the city today (Wednesday), protesting the start of its maiden session, reports UNB.The party will also hold a public rally at Suhrawardy Udyan on February 08, demanding the release of its...

4,439 lives lost on roads last year: Report

At least 4,439 people were killed in 3,103 road accidents across the country last year, said a report on Tuesday. Nirapad Sarak Chai (NISCHA), a voluntary organisation campaigning for road safety, prepared the report. Nearly 7,499 others were injured in those accidents.A total of 1,672 accidents took place involving buses...

Missions abroad asked to keep in touch with expats

The foreign ministry has asked all the missions abroad to enhance communications with the expatriate Bangladeshis."We're doing so to avert any untoward incident within the Bangladeshi community abroad," foreign minister Dr AK Abdul Momen told reporters on Tuesday.He said this after a meeting of four ministers who were elected from...

BIWTA demolishing illegal structures

Bangladesh Inland Water Transport Authority (BIWTA) demolishing illegal structures at Kolamoraghat of Kamrangirchar in the city on Tuesday — FE photo

Candidates' maximum age limit set at 30 years

The Dhaka University (DU) authorities have set the maximum age limit at 30 years for the candidates of long-awaited DU Central Students' Union (DUCSU) and hall union elections.The decision was taken at a meeting of the DU syndicate on Tuesday, with Vice-Chancellor Prof Dr Md Akhtaruzzaman in the chair. Students...