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

High tariff could knock exports as B'desh graduates from LDC

FE ReportBangladesh could face an additional 6.7 per cent tariffs on an average after its graduation from the least-developed country, resulting in an export loss of US$ 2.7 billion annually, an economist has estimated. Around 8.7 per cent of the possible tariffs would come into force from the European Union...

Energypac celebrates "International Women's Day" through an interactive programme at 'Energy Centre' i

Energypac celebrates "International Women's Day" through an interactive programme at 'Energy Centre' in Dhaka recently. Social activist Khushi Kabir attends the programme as the guest of honour. Managing Director and CEO of Energypac Humayun Rashid and directors Enamul Haque Chowdhury, Nurul Akhtar and Rabiul Alam also attend the programme.

KL arrests 28 Bangladeshis for running illegal homestay business

FE Report Some 28 Bangladeshi nationals have been arrested after they were found to be running an illegal homestay business in the heart of Kuala Lumpur.Malaysian Immigration Department officers raided high-end residential premises on Thursday based on media reports about the illegal business, reported The Star Online. "We found that...

New farm policy envisages boosting production

Even with a decreasing birth rate, up to two million people add up each year to Bangladesh's 160 million population because of an already large population base. It requires an additional 0.5 million tonnes of food to feed the yearly addition.With the current farm production stagnating, the government plans to...

China to get bolder in financial sector reform: Central bank chief

BEIJING, Mar 09 (Xinhua): China will be bolder in the opening up of its financial sector, Zhou Xiaochuan, said governor of People's Bank of China (PBoC), the country's central bank.Zhou made the remarks at a press conference last Friday on the sidelines of the annual session of the National People's...

Govt mulls monitoring cell to help pvt airlines grow

Civil Aviation and Tourism Minister AKM Shahjahan Kamal has said he will embark on setting up a monitoring cell at his ministry to help the country's private airlines grow further side by side with national flag carrier Biman."We are committed to helping the private sector to flourish our aviation sector...

More 77 power plants in the offing, says official

Some 77 power plants under both public and private sectors with a total of 18,905-megawatt (MW) generation capacity are now being set up across the country, says a senior official of the power, energy and mineral resources ministry."Of the total, 47 power plants with the capacity of 13,813 MW would...

Managing Director of BNO Lubricants Mohammad Yusuf, Deputy Managing Director of South East Bank Ltd

Managing Director of BNO Lubricants Mohammad Yusuf, Deputy Managing Director of South East Bank Ltd Anwar Uddin and the bank's Jubilee Road branch Manager Syed Nurul Bashar seen with others at the opening ceremony of Lub-rref (Bangladesh) Limited's stall at Chittagong International Trade Fair 2018 recently. The BNO brand lubricants...