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

BPC eyes commissioning on May 13

Bangladesh's maiden oil-carrying pipeline is all set to transport diesel from the port city of Chattogram to Narayanganj depots from next week as its pre-commissioning has already kicked off, said officials."After completing the project work, we are now carrying out pre-commissioning of the pipeline," state-run Bangladesh Petroleum Corporation (BPC) Chairman...

BSC to float tenders soon to buy two bulk carriers

The Bangladesh Shipping Corporation (BSC) plans to float tenders in a couple of weeks to buy two bulk carriers from China with its own funds."I am ready with tender documents. Waiting for the ministry's approval to float," BSC Managing Director Commodore Mahmudul Malek told The Financial Express. He returned from...

3.5-yr DEE support project now to take 16 years to complete

Authorities concerned have sought time extension for a support project of the Dhaka Elevated Expressway (DEE) that was supposed to be completed in three and a half years but 25 per cent of the works are yet to be completed after more than 14 years since its adoption in 2011....

July-March export receipts from local farm products rise 6.14pc

The country's export earnings from agricultural products grew by 6.14 per cent to reach US$807.06 million during the July-March period of the current financial year over the matching period of last fiscal.Bangladesh's fetched US$760.4 million from export of farm products during the same period of fiscal 2023-24, according to the...

UAE resumes issuing visit visas for Bangladeshis

The United Arab Emirates (UAE) Embassy in Dhaka has resumed issuing visit visas for Bangladeshis as the process expedited following bilateral talks. UAE Ambassador to Bangladesh ALHmoudi informed Lutfey Siddiqi, special envoy to the chief adviser, on Sunday that the UAE Embassy in Dhaka is issuing 30-50 visit visas daily....

Yields on T-bills fall slightly-

Yields on treasury bills (T-bills) fell slightly Sunday as banks expressed willingness to invest their excess liquidity in short-term securities.The cut off yield, generally known as interest rate, on the 91-Day T-bills came down to 11.61 per cent on the day from 11.64 per cent of the previous level while...

Complete visa process by today

The Ministry of Religious Affairs has ordered the Hajj agencies to submit visa applications for all remaining pilgrims by 12 noon today (Monday), reports UNB.In a letter sent to all lead and coordinating Hajj agencies on Sunday, the ministry said more than 10,000 intending hajj pilgrims have yet to receive...

Japanese Ambassador to Bangladesh Saida Shinichi holding talks with BNP Secretary General

Japanese Ambassador to Bangladesh Saida Shinichi holding talks with BNP Secretary General Mirza Fakhrul Islam Alamgir at the party chairperson's Gulshan office in the capital on Sunday

China launches "Green Channel" for medical treatment visas for Bangladeshis

The Embassy of China in Bangladesh has introduced special facilitation measures for medical treatment visas to China, says a spokesman of the Embassy on Sunday.To implement the important consensus reached by the leaders of China and Bangladesh during the visit of Chief Advisor Muhammad. The Embassy has simplified ocumentation requirements...

Sara Zaker on freezing of Asiatic 3sixty's bank accounts

The sudden freezing of the bank accounts of Asiatic 3sixty by the National Board of Revenue (NBR) has placed the livelihoods of its employees, their families, and its extended partners at serious risk and raised concerns with deep empathy, Sara Zaker, Group Chairperson of Asiatic 3sixty said in a statement...

Makeshift wooden stalls used by footpath hawkers

Makeshift wooden stalls used by footpath hawkers have been kept on a road median under the metro rail flyover in Purana Paltan area of Dhaka city. Trees once planted along this strip as part of a city beautification initiative are now gone. The photo was taken on Sunday.— FE photo