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

Work begins on 1200 MW Matarbari plant

Prime Minister Sheikh Hasina laid on Sunday the foundation of the 1200 MW Matarbari plant, regarded as a flagship project for being an "ultra super critical coal-fired power" plant to be installed at a cost of Taka 360 billion (36,000 crore), reports BSS. "Our goal is to light up every...

ICMAB corporate awards go to 27 best companies

A total of 27 companies won the "ICMAB Best Corporate Awards-2016" Sunday for their outstanding performance especially in corporate governance.Finance Minister AMA Muhith handed over the awards to the winners as the chief guest at a programme in a city hotel.Chairman of Bangladesh Securities and Exchange Commission (BSEC) M. Khairul...

BD misses fair share of $100b annual global fund

Finance Minister AMA Muhith admitted Sunday it is because of an imprudent move from him in 2009 that Bangladesh failed to get enough from huge global climate funds."It is often pointed out that Bangladesh is a very small recipient of global assistance in respect of climate change. And I think...

State of country's food safety 'alarming'

Terming the state of food safety in Bangladesh 'alarming', discussants at a programme called on Sunday for proper enforcement of existing laws and changes in traders' profiteering attitude to check food adulteration.They also identified absence of set standards and inadequate laboratory facilities as two of the key impediments to ensuring...

DITF now to end on Feb 4

The duration of the month-long Dhaka International Trade Fair (DITF) has been extended by four more days on request from the participating businesspeople in the fair, reports BSS. The Export Promotion Bureau (EPB) decided on Sunday to extend the period for four days, director general of EPB Avijit Chowdhury said.The...

Dhaka, Jakarta sign five instruments

Bangladesh and Indonesia signed on Sunday five instruments for boosting cooperation in different sectors including trade, diplomacy, fishing and energy between the two countries, reports BSS.The instruments were inked in the presence of visiting Indonesian President Joko Widodo and Bangladesh Prime Minister Sheikh Hasina after the official talks between the...

Trump now willing to sign revamped Paris climate deal

LONDON, Jan 28 (AFP): President Donald Trump would be willing to sign the US back up to the Paris climate accord, but only if the treaty undergoes major change, he said in comments published Sunday.Trump was met with global condemnation when he announced in June 2017 that the United States...

S Asia cooperation for electricity trade in focus

KATHMANDU: Nepal's hydroelectricity can be a clean, reliable and affordable source of power for energy-starved South Asia if the nations of the region forge a partnership to harness the abundant hydro resources and develop transmission lines and grid interconnections by framing the necessary legal and regulatory framework, according to a...

JS passes Sheikh Hasina University Bill, 2018

The Jatiya Sangsad passed on Sunday the "Sheikh Hasina University Bill, 2018 in an amended form, reports BSS.Education Minister Nurul Islam Nahid moved the bill in the House.The bill was passed in the House by voice votes with Deputy Speaker of the Jatiya Sangsad M Fazley Rabbi Miah in the...