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

Economic reopening hardly benefits poor

The resumption of economic activities reduced the number of the crisis-caused "new poor" by only 1.1 percentage points to 21.7 per cent, according to a study. In the April study, the percentage of emerging new poor was estimated at 22.8 per cent in April, which came down to only 21.7...

BB extends time until Nov 30

The central bank has extended further the deadline for implementation of the stimulus package for the cottage, micro, small and medium enterprises (CMSMEs) by one more month, from October 31 to November 30. The Bangladesh Bank (BB) issued a notification in this connection on Sunday. "We've extended the deadline further...

Brands, retailers need to do better

Brands and retailers must improve their purchasing practices in meeting the post-Covid demand and protecting supply chain workers during the pandemic recovery, according to a global report.The report titled '2020 Better Buying Index' also said the recovery creates uncertainty over product availability, cost and decades of sustainability progress.The report underscored...

Remittance inflow up by 43pc in Jul-Oct

Bangladesh received nearly US$ 9.0 billion in remittances in the first four months of the current fiscal year (FY) despite the Covid-19 pandemic, officials said.The inflow of remittances grew by more than 43 per cent to $ 8.82 billion during the July-October period of FY2020-21 from $ 6.16 billion in...

18 more die, 1,568 test positive

Eighteen more people died from coronavirus on Sunday with the government reporting 1,568 new Covid-19 cases during the last 24-hour reporting time of the day.With the latest figure, the number of total casualties from Covid pandemic has reached 5,941 since the virus was first detected in Bangladesh in March. According...

Regulator now sets Dec 9 deadline

The securities regulator has extended the deadline for sponsor-directors of the listed companies to comply with its directive to hold minimum 30 per cent shares jointly up to December 9.The extension of time frame came following the requests from many companies whose sponsor-directors have yet to fulfil the condition of...

Stricter screening at ports

In the wake of the second wave of the Covid-19 attack in Europe, Bangladesh has decided to take stricter screening measures at its land and airports.The decision was made at an inter-ministerial meeting on Sunday to prevent further deterioration of the pandemic situation in the country.A five-member committee, headed by...

Hundreds of people

Hundreds of people, mostly farmers, from villages close to the Ashurar Beel in Nababganj, Dinajpur, stage a demonstration on Sunday against construction of any embankment in the water body — Focus Bangla