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

Ctg port expands container storage capacity by 10pc

CHATTOGRAM, Aug 22: Chittagong port, the prime sea port of the country, expanded its container storage capacity by nearly 10 per cent recently as a measure to address severe congestion.Chittagong Port Authority (CPA) Secretary Md Omar Faruk said, "CPA is declaring an increase in capacity by 5,482 TEU (twenty-foot equivalent...

FBCCI election boards reconstituted as per court order

The election and appeal boards of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) have been reconstituted to oversee the 2025-27 executive committee polls, in compliance with a recent High Court directive.According to the new formation, Md Abdur Razzak, additional secretary of the commerce ministry, has been appointed...

Travel agencies must mention agency name, licence number, price in air tickets

The government has issued directives through a circular to travel agencies in the country to ensure transparency in airfare.The Ministry of Civil Aviation and Tourism (MoCAT) issued the directives on Thursday, with the aim of protecting passengers from overcharging and facilitating fair ticket sales.The circular also outlined several measures to...

Bangladesh to shut 9 troubled NBFIs to protect depositors

Bangladesh Bank has announced plans to close nine non-bank financial institutions (NBFIs) as part of efforts to safeguard "depositors' interests", reports bdnews24.com.Central bank Governor Ahsan H Mansur confirmed the move, saying that the decision was taken to ensure people could recover their savings safely.The nine institutions slated for closure are...

Japan city proposes two-hour daily smartphone limit

TOKYO, Aug 22 (AFP): A Japanese city will urge all smartphone users to limit screen time to two hours a day outside work or school under a proposed ordinance that includes no penalties.The limit -- which will be recommended for all residents in central Japan's Toyoake City -- will not...

Yarn is being produced from plastic chips

Yarn is being produced from plastic chips. This yarn is used for making plastic mats which have replaced the age-old mats made of leaves. The picture was taken at a factory in South Keraniganj in Dhaka on Friday — FE Photo