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

BRTC starts process to procure 500 trucks, 100 non-AC buses

Bangladesh Road Transport Corporation (BRTC) is set to start the process of procuring 500 trucks and 100 non-air conditioned (AC) buses from India under its second Line of Credit (LoC), sources said.They said the move, taken a few years back, has been revived after Indian EXIM Bank assured of giving...

Bodies of 17 Nepal plane crash victims arrive today

The bodies of the US-Bangla plane crash victims will be brought back home today (Monday) as identification of 17 of those has been completed, report agencies.A cargo plane of Bangladesh Air Force, carrying the bodies, is scheduled to land at Shahjalal International Airport around 3:00pm, said US-Bangla Airline's GM (Marketing...

Revise e-GP system as outsiders grab tenders

Chiefs of some parliamentary bodies asked the finance minister with one voice to revise the online procurement system as contractors in their constituencies are failing to get public-works contracts.The Chairmen of the Parliamentary Standing Committees raised the voice against the e-GP (electronic government procurement) as all the works were being...

1975 carnage delayed developing nation status, says PM

Prime Minister Sheikh Hasina said on Sunday Bangladesh could have been a developed nation in 10 years after independence if Bangabandhu was alive as the country was witnessing a massive development campaign under his leadership until 1975, reports BSS. Addressing a discussion on Bangabandhu, the premier said the country joined...

Internet users jump by 29.0pc

Some 49 per cent of country's total population are now under the network of internet on the back of the growing use of digital platforms in the country.The disclosure came in a new Global Digital Report prepared by 'We Are Social and Hootsuite', a social media management platform. The number...

BD ready to face post-LDC challenges, says Tofail

Bangladesh would enjoy the preferential trade facility until 2027, although it qualified in the first UN review for graduating as a developing nation, Commerce Minister Tofail Ahmed said on Sunday.Bangladesh is capable of facing all trade-related challenges after graduation from the LDC (least developed country) status, he told reporters at...

Repayment system impedes microcredit expansion: Study

The growth of microcredit in developing countries like Bangladesh has been showing a slower pace in recent times as many borrowers find it difficult to expand their business due to the existing repayment system, a study reveals.Despite a rapid expansion of microfinance institutions (MFIs) throughout the developing world, recent studies...

Five die as thunder strike sets gas pipeline on fire

SYLHET, Mar 18 (UNB): At least five people, including a woman and her son, were killed and 20 others injured in a devastating fire that caused by lightning strike on a gas riser at a colony in Golapganj upazila early Sunday.The deceased were identified as Taskima Begum, 32, wife of...

Britain accuses Russia of secretly stockpiling nerve agent used in attack

LONDON, Mar 18 (Reuters): British Foreign Secretary Boris Johnson said on Sunday that Russia has been stockpiling the deadly nerve agent used to poison a Russian former double agent in England and has been investigating how such weapons can be used in assassinations.Britain has said Russia used the Soviet-era nerve...

A painter decorating a container dustbin

A painter decorating a container dustbin at Muktangon in the capital on Sunday as part of Dhaka South City Corporation's (DSCC) initiatives to build a Green Dhaka — Collected