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

Investment climate in Bangladesh faces eight key barriers

Bangladesh's investment climate is being vitiated by a mix of bureaucratic delays, policy uncertainty and rising business costs, making it harder for both local and foreign investors to expand operations and create jobs.Experts say unless these longstanding barriers are addressed quickly, the country risks losing competitiveness and missing major investment...

Proposal forwarded to UN body for consideration

A proposal seeking an additional three-year transition period for Bangladesh's graduation from the category of Least-Developed Countries (LDCs), following a letter from Prime Minister Tarique Rahman, has been forwarded to the UN Committee for Development Policy (CDP) for consideration.A letter sent to the government by Rabab Fatima, UN Under-Secretary-General and...

One more suspected measles death reported in 24 hrs

One more suspected measles death was reported in the past 24 hours until 8:0am on Wednesday, said the health authorities on Wednesday.With this, the total death toll from measles and measles-like symptoms reached 274 in the country, according to the Directorate General of Health Services (DGHS) bulletin.Of the total fatalities,...

Vehicles move through waterlogged roads in the capital's Rajarbagh area after several hours of continuous

Vehicles move through waterlogged roads in the capital's Rajarbagh area after several hours of continuous rainfall since Wednesday morning caused waterlogging in different parts of the city, adding to public suffering. - FE Photo by K Asad-Uz-Zaman

Supply woes deepen sulphuric acid crisis

The ongoing sulphur and sulphuric acid crisis has intensified due to supply disruptions, regulatory bottlenecks, and alleged market manipulation, raising concerns across key industrial sectors, people familiar with the development say.Despite a strong demand from the tannery and leather sectors, supply constraints have triggered an abnormal price surge, disrupting production...

BB plans special refinance fund to reopen closed factories

Bangladesh Bank is planning to form a special refinance fund to provide low-interest loans for reopening closed industrial units, aiming to boost employment across the country, reports UNBAccording to central bank sources, a high-level 19-member committee, led by Deputy Governor Dr. Md. Kabir Ahmed, has been formed to determine the...

RMTP elevates livelihoods of over 0.75m families

FE REPORTRural Microenterprise Transformation Project (RMTP) of Palli Karma-Sahayak Foundation (PKSF) has improved the income and livelihoods of over 0.75 million families, said officials at the project-completion ceremony on Wednesday.The project has strengthened the role of microenterprises in the national economy, claimed the project officials at the closing event at...

Banks barred from opening LCs without DGDA approval

FE REPORTBangladesh Bank (BB) has instructed all banks not to open letters of credit (LCs) for importing dietary supplements without prior approval from the Directorate General of Drug Administration (DGDA).To this effect, the central bank issued a circular on Wednesday and also forwarded an official letter of the DGDA to...