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

US, UK want credible election

Both the United States (US) and United Kingdom (UK) have strongly advocated for holding a free, fair and credible election in Bangladesh.The envoys of the two countries expressed their views on the upcoming general elections at a 'national campaign' titled 'Shantite Bijoy' (Win With Peace) launched by the Democracy International...

Cabinet okays use of BD ports for India

Bangladesh has agreed to allow India to use Chattogram and Mongla ports for freight transport to its northeastern states, reports bdnews24.com.Customs duties and transportation costs will be charged on this freight as it makes its way through Bangladesh territory, said Cabinet Secretary Shafiul Alam, after the cabinet approved the draft...

Dhaka, Delhi to launch 130-km diesel pipeline project today

The governments of Bangladesh and India are expected to unveil the India-Bangladesh Friendship Pipeline project work today (Tuesday).Prime Minister Sheikh Hasina and her Indian counterpart Narendra Modi will jointly inaugurate it through a video-conference, said a senior official of the Ministry of Power, Energy and Mineral Resources (MoPEMR).This pipeline will...

Govt asks BPC not to take loan from ITFC at high rate

The finance ministry has advised the Bangladesh Petroleum Corporation (BPC) not to receive the proposed loan from ITFC at higher rate of interest.It also asked that the state-run company to bring down the interest rate through negotiations with the International Islamic Trade Finance Corporation (ITFC), sources said.The finance ministry came...

Listed cos must comply with corporate governance code

Discussants have said maintaining corporate governance code should be maintained to ensure the companies' sustainable growth along with bringing transparency in the stock market.They laid importance on maintaining corporate governance code on Monday at a seminar held at Bangabandhu International Conference Centre (BICC).The Bangladesh Securities and Exchange Commission (BSEC) arranged...

Berth operators oppose foreign handling

CHATTOGRAM, Sep 17: Berth and terminal operators and ship handlers at Chittagong Port have strongly protested a foreigner's suggestion of handling the port by a foreign firm.Forrest Cookson, a consultant of Bangladesh Bureau of Statistics, on Sunday said an international port management agency can increase its efficiency.He made the opinion...

Ensuring safety in construction sector

There has been quite a lot of hue and cry about safety on the road. Truly, the staggering number of fatalities on the road across the country naturally demanded a stir in our conscience to deal with the menace. Different measures are always being taken, though mostly on a trial...

Bus owners react to police harassment

City bus operators have reacted sharply to harassment inflicted on them in the streets during the ongoing drive against unfit vehicles and delinquent drivers.Police are harassing transport owners and workers in the name of the month-long drive, they alleged.The operators demanded assurances of necessary facilities first to regulate the city's...

Muhith seeks IFC coop in securing more FDI

Finance Minister AMA Muhith has sought cooperation of the International Finance Corporation (IFC) to increase the flow of foreign direct investment (FDI) in the country, reports UNB."We need all kinds of assistance in all sectors in both public and private sectors. We need deeper engagement of IFC," he said while...

Imran pledges citizenship to Afghan, Bangladeshi refugees

The Pakistan government will grant nationality to all Pakistan-born refugees of Afghan and Bangladeshi origins, report Aljazeera.com.Pakistan Prime Minister Imran Khan said this during his maiden visit to Karachi on Sunday after forming the government.Pakistan is home to more than 1.39 million registered Afghan refugees, according to United Nations High...

Activists of Samajtantrik Chhatra Front bringing out a procession

Activists of Samajtantrik Chhatra Front bringing out a procession on Dhaka University campus on Monday to mark 56th Education Day — Focus Bangla