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

BKMEA for easy FOC facility to spur exports

The country's knitwear exporters have demanded steps to resolve complexities related to the import of raw materials and exports of finished goods under the FOC (free of cost) facility. They also urged the government to extend the facility to all exporters by removing the existing conditions, terming it 'risk- free'...

US renews pledge to support BD

The United States has reiterated its support for the interim government of Bangladesh on different issues, including development and counter-terrorism, reports bdnews24.com.Tracey Ann Jacobson, the new charge d'affaires of the US embassy in Bangladesh made the remarks on Monday, according to a press statement from the Chief Advisor's Office."We are...

Tk 300 billion furniture industry needs policy backup to boost exports: Stakeholders

Businesses, academicians, and experts on Monday opined that the country's Tk 300 billion furniture industry needs proper policy support to have a strong presence in the global market.They recommended bond facilities, reduction in duty on raw materials, training, and testing and designing facilities to make the sector truly competitive. Furniture...

Closed jute mills to be utilised as fertiliser silos

The government is planning to increase fertiliser-storage capacity by utilising closed or abandoned jute factories as warehouses, agriculture secretary Dr Mohammad Emdad Ullah Mian said on Monday.The move is part of a long-term strategy to permanently eliminate fertiliser crisis in Bangladesh, thus enabling the purchase of fertiliser at lower prices...

Financing Mongla port, other pending projects may come up for discussion

Among other bilateral issues, Bangladesh would also request China to expedite confirmation of loans, including the one for Mongla seaport development that the development partner earlier proposed to finance, during Foreign Adviser Touhid Hossain's four-day visit to China. The adviser, who left Dhaka for Beijing on Monday, is scheduled to...

New uniforms for police, RAB, Ansars unveiled

The government has decided to change the uniforms worn by the police, RAB, and the Ansar in the face of widespread criticism for their handling of the Anti-discrimination Student Movement protests, report agencies.The police will now wear iron uniforms, Rapid Action Battalion (RAB) personnel will green olive and Ansar will...

2 inter-dist trains to be launched in February

CHATTOGRAM, Jan 20: Two new inter-district train services, Saikat Express and Prabal Express, will begin to operate on the Chittagong-Cox's Bazar route on February 1.The operations of the train services will remain closed on Mondays.Trains of Saikat Express has been scheduled to depart Chattogram station at 6:15 am reaching Cox's...

Ministry to scan those passed under quota

Health ministry will scrutinise the certificates of 193 applicants who passed the medical admission test for the 2024-25 academic year, keeping their enrolment process on hold until the process ended.The Directorate General of Medical Education made the disclosure in a notification on Monday.It said the admissions policy of the Bangladesh...