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

Skill shortage hampers RMG sector’s climb up the value chain

Bangladesh's garment industry needs to move up the value chain to remain competitive in the global market, experts said on Monday.They also underlined the need for enhancing negotiation capacity of entrepreneurs.The suggestions came at a seminar organised by private think tank South Asian Network for Economic Modeling (SANEM) in Dhaka."We...

Rohingya rehab project set to get approval today

The government is set to approve today (Tuesday) another Rohingya rehabilitation project in a hurry after approving three such emergency schemes early this month, officials said on Monday.Planning Commission (PC) officials said they would place a World Bank-funded Tk 10.58 billion emergency Rohingya crisis response project before the Executive Committee...

The white elephant called central tax zone of NBR

The government has spent a staggering Tk 320 million for more than a decade and a half for the central tax survey zone that is running without conducting survey.The zone, which virtually turned into a white elephant at the taxpayers' expense, was set up in 1992 to carry out the...

AL agrees on dialogue with Oikya Front over polls

A day after its letters to Awami League President Sheikh Hasina and General Secretary Obaidul Quader, the ruling party agreed to sit in dialogue with Jatiya Oikya Front leaders over the next general election very soon, report agencies."Awami League has agreed to hold talks with Oikya Front leaders and our...

Private bank financing below 2.0pc: Study

Private bank financing for the agricultural sector remained less than 2.0 per cent out of their total loans during the period between 2007 and 2017, according to a latest research.Besides, short-term loan disbursement was higher than that of long-term loan during the period.On the other hand, the financing percentage was...

Lanka president faces pressure to end crisis

COLOMBO, Oct 29 (Agencies): Sri Lanka's unfolding political crisis threatens to turn into a "bloodbath" unless order is restored, the speaker of parliament has warned. Ousted PM Ranil Wickremesinghe says a power vacuum now exists in the country.On Monday, police arrested the minister, Arjuna Ranatunga, a 54-year-old former national cricket...

PM orders to preserve copies of Louis Kahn's design of JS Bhaban

Prime Minister Sheikh Hasina witnessed on Monday the Architect Louis Isadore Kahn's original architectural design of the Jatiya Sangsad Bhaban, reports UNB.She saw the main design of the world's most dignified and historic parliamentary establishment with keen interest at the South Plaza of the Jatiya Sangsad Bhaban.Chief Architect of the...