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

Hasina statements from India not conducive to bilateral relations

Dhaka Wednesday conveyed to Delhi that deposed prime minister Sheikh Hasina's statements emanating from India are not conducive to fostering better bilateral relations, and also raised some irritants in the ties. Foreign Adviser of the interim government in Bangladesh Towhid Hossain mentioned the matters to Indian High Commissioner Pranay Verma...

Summit LNG Terminal unlikely to resume operation this summer

Summit LNG Terminal is unlikely to resume operations this summer due to fresh damage to the seabed pipeline structure, sources said.A Singapore-based service provider, hired by Summit, identified damage to the disconnectable turret mooring (DTM) plug in the subsea landing pad that holds the Floating Storage Regasification Unit (FSRU) to...

Expats keen to remit thru banking channel

Bangladeshi expatriates are now upbeat about sending remittance back home through the formal channel as they rest reassured that the country is on track after the formation of an interim government.Migrants abroad raised voices against the Sheikh Hasina government's oppression of people during the unrest created over the student movement.In...

Abdur Rahman made new NBR chairman

Newly-appointed chairman of the National Board of Revenue (NBR) Md Abdur Rahman has pledged to ensure smooth access to taxpayers in a bid to increase country's tax-GDP ratio.Md Abdur Rahman Khan, who was Financial Institutions Division Secretary of the Ministry of Finance (MoF), got the appointment as the new chairman...

Metro rail restart in doubt as workers strike over pay

The metro rail operation, announced to resume Saturday next week by the new interim government at its first advisory council meeting, is now unlikely to restart as striking employees continued their work stoppage until Wednesday, sources said."It is now certain the MRT [Mass Rapid Transit Line 6] operation cannot be...

BR resumes all services today

The Bangladesh Railway (BR) restarts train services of all types today (Thursday) through operating intercity trains.The operation of all commuter, mail and local trains has gone on well over the past three days.Official sources said all 325 trains but four to five intercity express ones will run from today.The suspended...

'Sampriti Samabesh' vows to build a discrimination-free Bangladesh

People from various religious groups, Anti-discrimination Student Movement coordinators, and political parties jointly held a "Sampriti Samabesh" in Dhaka's Shahbagh on Wednesday.The gathering, held in memory of martyr Fayyaz, began with the national anthem, followed by a minute of silence. Participants later marched towards Rapa Plaza in Dhanmondi, reports UNB.Tahmid...

Volunteers to manage traffic

Nabiha Tahsin, a 10th grader at Motijheel Ideal School & College, volunteers to manage traffic in Arambagh area on Wednesday. Many students who had been helping with traffic control since 6 August returned to school as classes resumed, leaving scouts and girl guides like Nabiha to continue at some points....