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

Export earnings decline by 1.38pc in March

The country's export earnings in March dropped by 1.38 per cent to $3.05 billion, compared to the corresponding month of last calendar year, according to officials data released on Tuesday.In March 2017, the export earnings were $3.09 billion. The earnings in March this year also fell short of target by...

Road ministry seeks 74pc higher fund

The ministry of road transport and bridges has sought Tk 430.48 billion in the next development budget, up 74 per cent it received in the last fiscal year.In the last financial year of 2017-18, the government allocated Tk 234.31 billion to the ministry under its current revised Annual Development Programme...

PM spends time with BAB leaders, their families

Prime Minister Sheikh Hasina spent some time with leaders of Bangladesh Association of Banks (BAB) and their families at the green lawn of her official residence Ganobhaban on Tuesday afternoon, reports UNB.The BAB leaders, including chairmen, managing directors and chief executive officers of different banks along with their spouses, joined...

Rohingya repatriation won’t start overnight

Hinting that the commencement of repatriation of the Rohingya refugees would take a longer period than announced earlier, Foreign Secretary Shahidul Haque has said considering the complexity of the situation one should not expect that the process would start overnight.He said these while talking to the newsmen on the sidelines...

ACC bans travel of 17 Farmers Bank high-ups

The national anti-sleaze body issued Tuesday a travel ban on 17 people including top officials of Farmers Bank for their alleged connection with embezzling the private lender's funds.The Anti-Corruption Commission (ACC) sent a letter, signed by its deputy director Md Shamsul Alam, to the special branch of police department to...

BD, India launch container train services

India and Bangladesh have started a container train service.A trial run of the container train was flagged off Tuesday from Majerhat station of Kolkata, said a press release issued by Indian High Commission in Dhaka. The train is scheduled to terminate at Bangabandhusetu West Station today (Wednesday), where it will...

BFA annual confce begins on Sunday

The annual conference of Boao Forum for Asia (BFA) is set to begin on Sunday in Hainan province of China under the theme 'an open and innovative Asia for a world of greater prosperity', Chinese State Councillor and Foreign Minister Wang Yi said Tuesday.Some 2,000 government and non-government representatives along...

Belling the cat

Barclays bank's $2.0 million fine for duping customers into buying mortgages on the premise they were safe investments, is one of the last to have been settled. The brilliance of western legal system is that out of court negotiations result in hefty fines, without any admission of palpable wrong-doing. The...

Transport strike in 15 southern dists

KHULNA, Apr 3 (UNB): A 24-hour transport strike is being observed in 16 districts of the southern part of the country since Tuesday morning demanding repair of the Khulna-Jashore highway.The fuel oil distributors and Tank Lorry Owners Association members are observing the strike which began around 9am Tuesday and will...

HC asks eight to surrender over 1996 stock scam

The High Court (HC) ordered on Tuesday eight directors of two companies to surrender before the trial court in two cases filed over the 1996 share market scam, reports UNB.The single HC bench of Justice Md Rais Uddin passed the order after hearing an appeal filed by Bangladesh Securities and...

Ecnec approves excavating city's five canals

The Executive Committee of the National Economic Council (Ecnec) on Tuesday approved 10 projects, reports UNB.The projects include one to excavate and re-excavate five canals in the capital to resolve the waterlogging problem.The approval came from an Ecnec meeting held at the NEC conference room in the city with Ecnec...

Planning Minister AHM Mostafa Kamal greeting Prime Minister Sheikh Hasina with a bouquet

Planning Minister AHM Mostafa Kamal greeting Prime Minister Sheikh Hasina with a bouquet at the NEC conference room in the city on Tuesday with Bangladesh's economy set to post 7.65 per cent growth in the current fiscal year — BSS photo