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Listed cos flout financial reporting law: FRC chair

Many listed companies do not comply with the existing financial reporting law while preparing their reports with qualified professionals, the head of a watchdog said on Friday.CQK Mustaq Ahmed, chairman of the Financial Reporting Council (FRC), said many renowned listed companies are mostly run by family members. "Do they really...

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Hot, humid weather persists

The ongoing hot and humid weather continued to cause sufferings to the people from all walks of life across the country on Friday also.Though the temperature came down to 36 degree Celsius in Dhaka and its neighbourhoods from the 37.6 degree Celsius on the previous day, it barely provided any...

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LNG import to increase energy subsidy by 230pc

The subsidies are expected to make a quantum leap this fiscal year, driven by the imports of liquefied natural gas (LNG), officials at the finance division told the FE on Thursday.This is a new head for subsidies as Bangladesh is importing this alternative fuel to combat gas crisis, especially in...

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Payra channel dredging now under PPP

The capital dredging of the main channel of Payra seaport will now be implemented under the public-private partnership (PPP), officials said.Earlier, the dredging was to be done by way of commercial financing under sovereign guarantee.An inter-ministerial panel, led by an additional secretary of shipping ministry, is set to talk to...

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Trucks and covered vans parked illegally

Trucks and covered vans parked illegally on Tejgaon Road in the city on Friday, despite their removal earlier by the Dhaka North City Corporation. The illegal parking causes severe jams on weekdays — FE photo

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News Watch (21-7-2018)

Govt extends tenure of quota reform body The tenure of the committee to review, reform or cancel the existing quota system for recruitment in government jobs has been extended by 90 working days. The Ministry of Public Administration issued a notification in this regard on Thursday. The government formed the...

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Prayer Timings-(21-7-2018)

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