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

India's transshipment facilities unlikely to benefit BD trade

Bangladesh will hardly derive any benefit from the transshipment facilities by exporting its products through Indian territories to third countries, according to an assessment by the National Board of Revenue (NBR).India has widened the facilities by including riverine routes with the surface communication systems, but it is unlikely to bode...

BNP leaders and activists start gathering

BNP leaders and activists start gathering on the Golapbagh ground in Dhaka on Friday to take part in the party's grand rally scheduled for today (Saturday). — FE photo

Develop more qualified CAs for business, economic uplift

There is an urgent need to develop more qualified Chartered Accountants (CAs) who will play vital role in uplift of large business entities and thus can help the country achieve its economic goals, speakers observed at the convocation of ICAB. There are approximately 2,000 qualified CAs in the country against...

Take funds to farmers' doors, cut costly NGO lending: Govt

Food security takes top priority in Bangladesh, amid global alert to crisis-time famines, as the government asks banks to take funds to farmers' doors to reduce costly NGO lending. Officials say aiming to ensure easy access of farmers to bank loans the government has issued a number of directives with...

Sugar market still fickle

Prices of rice, flour and sugar remained much higher last week in Dhaka city, although vegetables, chickens and egg showed a slight decline in value.The sugar market remained volatile as many groceries ran out of the item while it was selling at Tk 110-118 a kg higher compared to the...

Govt to give Tk 10b fund to PKB

The government has approved a fund of Tk 10.00 billion for Probashi Kallyan Bank (PKB) to meet the present growing demand for its loans among migrant workers. The fund will be given in four installments at bank rate, officials said.The Financial Institutions Division (FID) under the Ministry of Finance has...

Japanese co gets EU nod for its dengue vaccine

LONDON, Dec 9 (Reuters): A dengue vaccine developed by Japanese drugmaker Takeda Pharmaceutical Co was authorised for use in the European Union on Thursday, making it the second approved inoculation against the mosquito-borne disease that causes millions of infections annually.The vaccine, branded QDENGA, is authorized for use in those aged...

Developing nations face impossible trade-off on debt: UN

Spiralling debt in low and middle-income countries has compromised their chances of sustainable development, the UN trade facilitation agency has said, reports UNB.Rebeca Grynspan, the head of UNCTAD, said between 70 and 85 percent of the debt that emerging and low-income countries are responsible for is in a foreign currency.This...

Operations of launch service on Barishal-Dhaka route suspended

Operators on Friday abruptly suspended movement of four launches on Barishal-Dhaka route, saying that the shortage of passengers has prompted them to take the decision a day before the BNP's rally in the capital, reports UNB.The BNP and associate bodies, however, claimed that the suspension order came to spoil their...

Metro rail is ready for commercial operation

The much awaited first ever elevated metro rail is ready for commercial operation between Uttara and Agargaon section this month, reports BSS."We're ready for commercial operation of the much awaited metro rail and hope that Prime Minister Sheikh Hasina will formally inaugurate the metro rail this month," Dhaka Mass Transit...