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

Biggies look hungry but minnows lose appetite

A major portion of the stimulus package for large industries and services has been implemented while only 24.18 per cent was executed in another package for the CMSMEs until September 30.Nearly Tk 272 billion was disbursed as working capital to 2,358 firms until October 12 under the stimulus package of...

Rape incidents continue amid protests

Despite widespread protests against rape and the government's plan to toughen the law in this regard, the incidents of rape, gang rape and molestation never seem to decline across the country, reports UNB. In Bagerhat, a female NGO worker allegedly gang raped at her Maitkumra house at Fakirhat. Police arrested...

Death penalty to rapists

Amid widespread protests against the growing incidents of rape, the Cabinet on Monday approved the draft of the Women and Children Repression Prevention (Amendment) Bill, 2020 with a provision of death penalty as the highest punishment for rape, reports UNB. The approval came from the weekly Cabinet meeting held virtually...

Milgrom, Wilson win Nobel in economics

US academics Paul Milgrom and Robert Wilson won the 2020 Nobel Economics on Monday for work on auctions hailed as benefiting buyers and sellers around the world of everything from fishing quotas to aircraft landing slots, reports Reuters.Among the insights of the two Stanford University economists is an explanation of...

Study sees start of herd immunity in country

The country has started developing herd immunity against Covid-19 as indicated by a new study on seroprevalence among the Dhaka city dwellers, including the inhabitants of slums.About 45 per cent residents and 74 per cent of slums dwellers in Dhaka city have been infected with coronavirus by July, the study...

Infections show no signs of let-up

Some 1,472 more people were tested coronavirus positive across the country in the last 24 hours, according to Directorate General of Health Services (DGHS).The single-day infections came from a total 13,227 samples tested in 109 PCR labs during the same period and the infection rate was 11.13 per cent. With...

BD not interested in US defence deal under Indo-Pacific strategy

Under the proposed Indo Pacific Strategy alliance, led by the United States, Bangladesh is not interested in purchasing arms, rather the country wants American investments in infrastructure."They want to sell arms, but we are not interested in issues related to conflict," foreign minister Dr AK Abdul Momen told the FE...

Briefing 13-10-2020

DSE turnover hits two-month lowStocks extended the losing streak on Monday with turnover hitting two months low on Dhaka Stock Exchange (DSE), as shaky investors continued their sell-offs on major sector-wise issues. Page 9Virus stays long on banknotes, phonesThe virus responsible for Covid-19 can survive for up to 28 days...