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

FDI jumps 50.71pc to $3.89b in FY'19

The net inflow of foreign direct investment (FDI) in Bangladesh increased by 50.71 per cent in the last fiscal year (FY'19), according to the latest statistics released by the central bank on Tuesday.It showed that net FDI stood at $3.89 billion in FY'19 from $2.58 billion in FY'18. Robust inflow...

ADP execution drops in Q1

The Annual Development Programme (ADP) implementation rate fallen to 8.06 per cent in the first quarter (Q1) of the current fiscal year (FY) 2019-20.During the same period (July-September) of FY 2018-19, different ministries and agencies executed 8.25 per cent of ADP.According to Implementation Monito-ring and Evaluation Division (IMED), project executors...

When will sense prevail?

Following the tragic incident at Banani's F R Tower we were told that a list was being drawn up to check for proper firefighting measures in other multi-storeyed buildings and not only in Banani. There were fiery speeches from the Ministry of Public Works and the Mayor to the extent...

DSE brokers push for good governance

Top brokers of the premier bourse have focused on ensuring good governance and taking joint initiatives to overcome liquidity shortage and to bring stability in the country's capital market.The brokers emphasised these measures in a meeting, held at the Dhaka Stock Exchange (DSE) office in the capital on Tuesday.In the...

Samrat, Arman on remand

A Dhaka Court on Tuesday sent former president of Jubo League Dhaka South unit Ismail Hossain Chowdhury Samrat on a 10-day remand in two cases filed under Firearms Act and Narcotics Control Act.Besides, the same court granted five-day remand for Samrat's close aide Enamul Haque Arman, former vice president of...

Sanofi to start search for buyers soon

Sanofi will soon start search for buyers as the French drug maker has decided to sell its Bangladesh operations under its global business strategy.Sanofi Bangladesh Ltd managing director Md. Muin Uddin Mazumder made the disclosure while talking to the press on Tuesday.Talking about the company's decision to wind up Bangladesh...

Two rail projects get ECNEC nod

The government on Tuesday endorsed the country's two more Metrorail constructing projects at a combine cost of Tk 938 billion.Presided over by the Prime Minister (PM) Sheikh Hasina, the Executive Committee of the National Economic Council (ECNEC) approved the two MRT line projects along with eight others at its meeting...

ACC secy defends its chief

The responsibility for inquiries and investigations into allegations of graft lies with the investigation officers of the Anti-Corruption Commission (ACC), not with the commissioners or its chairman, said ACC secretary Muhammad Dilwar Bakht on Tuesday."The investigation or inquiry into graft allegations is carried out by the investigation officers. So, the...

Roads in front of Bangladesh Bank

Roads in front of Bangladesh Bank have been dug and kept in this condition for a long time. The photograph was taken on Tuesday — FE photo

A container being unloaded

A container being unloaded at the Paira seaport, the country’s third, that opened on Tuesday — Focus Bangla