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

China bans import of crab, eel from BD

China has imposed a ban on import of live mud crab and eel fish from Bangladesh as health hazardous bacteria were found in some consignments along with forged salubrity certificates recently, officials said.The government has asked the law enforcement agency to take legal action against five exporting firms in this...

ENOC submits best bid to supply marine fuel

Emirates National Oil Company, or ENOC, has submitted the best bid to supply the initial consignments of cleaner marine fuel to Bangladesh.State-run Bangladesh Petroleum Corporation, or BPC, received a total of four bids from global firms on close of the bid submission deadline last week.The BPC has a plan to...

HC upholds BB letter fining One Bank Tk 1.0m

The High Court on Monday upheld a Bangladesh Bank letter that fined One Bank Tk 1.0 million on charges of violating Section 15(4) of the Bank Company Act 1991 and keeping its chairman Sayeed Hossain Chowdhury as a director of the bank.The court said in its order that the ad-interim...

Economic Review to be published in September

The Economic Review, a popular budget publication, will now be published sometime in September next.The publication usually covers data relating to the country's economic activities.The finance division which compiles data has failed to publish it timely this year due to a long holiday from March 26 last until the end...

The Department of Agricultural Marketing

The Department of Agricultural Marketing exhibited fresh-cut green and ripe jackfruit promotional activities at the Farmers' Market on Manik Mia Avenue in the city recently under a programme entitled 'Diversified uses of jackfruit through processing'.

Buy sacrificial animals from online mkts, says minister

Discouraging gathering at the sacrificial animal markets amid the coronavirus pandemic, Local Government and Rural Development (LGRD) Minister Md Tajul Islam on Monday urged people to use online platform for selling and buying animals to contain the spread of the virus, reports UNB. He made the remarks while talking to...

Amid pandemic, wealthy US families approved for government loans

BOSTON, July 13 (Reuters): Private investment firms that manage the fortunes of wealthy individuals and their kin were approved for millions of dollars in taxpayer-funded relief loans designed to help small businesses weather the coronavirus lockdown, according to a review of recently released government data.The companies - often referred to...

Japan's pioneer of big data predicts change in BOJ's approach on prices

TOKYO, July 13 (Reuters): The coronavirus pandemic will force the Bank of Japan (BOJ) to embrace big data as its conventional consumer price index fails to offer an accurate, real-time picture on inflation, said Tsutomu Watanabe, a leading academic on alternative data in Japan.The BOJ pledges to achieve 2.0 per...

Beirut's most famous antiques market hit by dollar crisis

BEIRUT, July 13 (AN): Lebanon's markets are slowly dying due to the severe economic turmoil, which reached its peak during the last three months. The antiques market thrived for decades, even surviving the civil war and its horrors, but it has faltered in the face of the country's dollar crisis.In...