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

Family businesses optimistic about growth in next two yrs

Mostly run by first generation entrepreneurs, almost all family businesses (FBs) in Bangladesh are expected to grow in the next two years, contributing significantly to the economy's growth story, according to the findings of a survey in the country. The Pricewaterhouse Coopers (PwC) has conducted the survey.Interestingly, only 34 per...

BNP again demands fresh nat’l election

Bangladesh Nationalist Party (BNP) secretary general Mirza Fakhrul Islam Alamgir has reiterated his party's demand that a fresh national election be held under a 'neutral government'.Rejecting the results of the December 30 election once again, he said the new parliament, which went into its first session on Wednesday, doesn't represent...

Oikyafront cent percent united, says Dr Kamal

Jatiya Oikyafront convener Dr Kamal Hossain said on Wednesday their alliance was cent percent united.Kamal, also Gono Forum president, said, "Our unity is still intact… because it is the unity of 160 million people. We will resist anti-people force by launching a united movement," he said at a press briefing...

Rising Chinese investment ‘won’t hit other FDI sources’

The Bangladesh Bank (BB) has dismissed the possibility of any negative impact on the country's overall FDI (foreign direct investment) inflow because of growing Chinese investment here under the Belt and Road Initiative (BRI).It rather suggested the possible users of BRI funds to maintain good credit rating of the reputed...

Seven-man body to take stock of abandoned commercial assets

The government is set to start investigation soon to take stock of its abandoned commercial assets in 15 districts of the country, officials said.The government will carry out the investigation aiming to recover its illegally-occupied properties.The districts are: Dhaka, Khulna, Lalmonirhat, Sylhet, Thakurgaon, Dinajpur, Rangpur, Naogaon, Nilphamari, Bogura, Rajshahi, Mymensingh,...

HC gives Turag status of ‘legal person’ to save it

In a desperate move to save the rivers of Bangladesh from being encroached upon, the High Court has accorded the Turag the status of 'legal person'. The order will be effective for all rivers in Bangladesh, according to bdnews24.com.A company or other entity which has legal rights and is subject...

US, China launch high level trade talks

WASHINGTON, Jan 30 (Reuters): The United States and China were set to try again on Wednesday to dig out from a damaging trade war with a new round of high-level talks aimed at bridging deep differences over China's intellectual property and technology transfer policies. Cabinet-level officials, led by Chinese Vice...

Govt seeks developers for its first onshore LNG terminal

Bangladesh is seeking expressions of interest to build the country's first onshore liquefied natural gas (LNG) import terminal, according to a company official and a document posted on the company's website, reports Reuters. The South Asian country, which has a population of more than 160 million is turning to land-based...

EX-MP’s son gets life for double murder

Bakhtiar Alam Rony, son of former Awami League MP Pinu Khan, has been sentenced to life in prison for a double murder in Eskaton in 2015, report agencies.Dhaka Additional Metropolitan Sessions Judge Md Monjurul Imam announced the verdict on Wednesday.He was also fined Tk 50,000 by the judge. Rony will...

ACC raids Titas head office over illegal connections

The Anti-Corruption Commission (ACC) on Wednesday conducted a drive in the head office of Titas Gas Transmission and Distribution Company Limited following allegations of giving illegal gas connections to residential and industrial units.The commission received complaints through its hotline-106 that a syndicate of Titas Gas, comprising its labour leaders, officials...

Lt General Molla Fazle Akbar, Ph D, ndc, psc presenting a bouquet to Prime Minister

Former Director General of DGFI Lt General Molla Fazle Akbar, Ph D, ndc, psc presenting a bouquet to Prime Minister Sheikh Hasina for being elected Prime Minister for the third consecutive term at Ganobhaban in the city on Wednesday — Collected