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

Maintenance mess leaves highways in a shambles

Highways across the country seem to be in a shambles for neglect of maintenance despite a gigantic jump in allocations during five years, officials said.They said there had been substantially increased allocation of funds for the road-upkeep works by the Roads and Highways Department (RHD).Insiders said Friday lack of timely...

BD sixth most affected state in long-term climate risk index

Bangladesh has been identified as number sixth most affected country in long-term climate risk index with annual losses amounting to over US$ 2.3 billion. It suffered on an average 187 incidents a year, with economic losses worth nearly 0.68 per cent of its gross domestic product (GDP). Some 642 people...

Biometric-enabled payment likely for beneficiaries

A move is underway to bring the beneficiaries of social security and welfare programmes under a biometric identity-enabled payment system to help the country shift from cash to electronic payments. Digital Financial Services (DFS) lab+ under Access to Information (A2i) of the Prime Minister's Office has taken the move to...

HRW seeks UNSC embargo on Myanmar

Human Rights Watch (HRW) said on Thursday the world leaders meeting for summits in Asia on November 10-14 should address Myanmar's Rohingya crisis, reports UNB."The Rohingya crisis is among the worst human rights catastrophes in Asia in years and demands concerted global action," said HRW Asia Director Brad Adams.He said,...

FAO fears negative BD food output growth on flooding

Recent flooding has dampened the outlook for Bangladesh, a likely third successive season of little or negative food production growth, mainly rice, reports UNB quoting FAO.Barring major setbacks, production recoveries could instead permit Bangladesh and Sri Lanka to slightly lower their 2018 imports to 1.1 million and 450 000 tonnes,...

Celebration of Mar 7 speech recognition on Nov 25

The nation on November 25 will celebrate the recognition of the historic 7th March speech of Father of the Nation Bangabandhu Sheikh Mujibur Rahman as world documentary heritage, reports UNB.The decision was taken at a meeting held at the Prime Minister's Office (PMO) last week with PM's Principal Secretary Dr...

News Watch (11-11-2017)

Maitree Express on sell-out trip on first dayOn the first day of introducing new services of Dhaka-Kolkata Maitree train, tickets for all 456 seats were sold out, said railway authorities. The end-to-end Immigration and Customs services for the Maitree Express train were launched on Friday. Railways Minister M Mazibul Hoque...