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

C'bazar airport upgradation cost may swell to Tk 20b

The cost of Cox's Bazar Airport upgradation project is likely to reach a staggering Tk 20.16 billion, up from its present estimate of Tk 11.93 billion, as the project cost is awaiting its third revision, officials said. The third revision is expected to be completed by March.The much-awaited and high...

Govt takes project for fencing borders with India, Myanmar

Bangladesh will fence off some border patches with barbed wire to secure Border Outposts and frontiers with neighbouring India and Myanmar, officials said, apparently following some recent developments.To this effect, the Executive Committee of the National Economic Council (ECNEC) approved Tuesday a scheme styled Border Fencing Project, along with 14...

UN wants fair polls in BD

The United Nations has reiterated its position saying it wants to see free, fair and open elections everywhere including in Bangladesh, reports UNB."And, as a matter of principle, we would like to see free and fair and open elections everywhere they are... they are held," Spokesman for the Secretary-General Stephane...

Three Nobel laureates listen to horrific tales of Rohingya

COX'S BAZAR, Feb 27 (UNB): They listened to the horrific tales from Rohingya women and hugged each other. Tears were rolling down from eyes of both the visiting Nobel Laureates and Rohingya women. A mood of grief and sorrow descended on the no man's land along Bangladesh-Myanmar border on Tuesday.Two...

HC stays NBR move for freezing Robi’s bank accounts

Robi Axiata Limited received a stay order from the higher court Tuesday on release of its frozen bank accounts after settling outstanding administrative and procedural matters with the National Board of Revenue (NBR), said a statement of the company.The High Court (HC) has ordered unfreezing all of the bank accounts...

KSA reshuffles top military posts

Saudi Arabia's King Salman reshuffled some of the kingdom's top military officers and several deputy ministers on Monday in a broad shakeup seen as elevating younger officials in key economic and security areas, reports Reuters.The chief of staff was retired and replaced by First Lieutenant General Fayyad bin Hamed al-Ruwayli...

Youth force is biggest asset of country: PM

Prime Minister and Leader of the House Sheikh Hasina Tuesday described the youth force as the biggest asset of the country and expressed her determination to build hunger and poverty-free Bangladesh by utilising this force."We've set a goal of establishing a middle income country by 2021 and a developed and...

Dr Kamal to back Khaleda’s lawyers

Eminent lawyer Dr Kamal Hossain will provide legal advice to the lawyers of BNP Chairperson Khaleda Zia, said BNP Secretary General Mirza Fakhrul Islam Alamgir, reports UNB.Fakhrul was talking to reporters Monday after a BNP delegation, led by him, met Dr Kamal at his Motijheel chamber."We handed over a copy...

US opens Saudi nuke talks in shadow of Iran deal

WASHINGTON, Feb 27 (AP): The Trump administration is opening talks with Saudi Arabia on a potentially lucrative atomic energy agreement that's inextricably linked to an Obama-era nuclear deal with Iran. At stake: Billions of dollars in contracts for U.S. companies and bigger questions about America's ability to keep friend and...

US adds Bangladeshi group to its sanctions list for global terrorism

The US Treasury Department said on Tuesday it had added two individuals and seven organisations connected to Islamic State to its sanctions list for global terrorism, reports Reuters.The Treasury's Office of Foreign Assets Control said on its website it had added Abu Musab Al-Barnawi of Nigeria and Mahad Moalim of...

Labourers shrug off risks of fatality as they work

Labourers shrug off risks of fatality as they work without any safety gear at an under-construction high-rise building site in the capital's Baridhara area on Tuesday. — FE Photo