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

Govt sets potato prices

The government fixed on Wednesday the maximum retail price of potato at Tk 30 per kg as the prices of the vegetable shot up to a record high of Tk 50-55 a kg over a period of one week. The increase in price of the essential item soared despite its...

Occupying a portion of the road, human haulers, known as Leguna, wait for a long time to pick up passengers

Occupying a portion of the road, human haulers, known as Leguna, wait for a long time to pick up passengers only to contribute to the traffic snarls as is seen in this photo taken in Gulistan area of the city on Wednesday — FE photo by Shafiqul Alam

e-banking loses steam in Aug

The transactions through most of the e-banking channels were poor in August over July in recent months with the increased movement of people.E-commerce transactions fell by Tk. 1.52 billion in August, 2020 over July last. Mobile financial service transactions also dropped by more than 34 per cent in the month...

US vaccines to be available Biegun assures Dhaka

Stephen E Biegun The US government has assured Bangladesh of taking measures so that US vaccines for Covid-19 could be made available in the country after successful production.State minister for foreign affairs M Shahriar Alam said this after his meeting with the visiting US Deputy Secretary of State Stephen...

Purchase to cost $1.0b-$1.5b

The government has estimated that US$1.0 to 1.5 billion will be needed to procure COVID-19 vaccine with external funding, officials said on Wednesday.The estimate by the Ministry of Finance (MoF) has been made considering the need for vaccinating 165 million people for free, they said. A MoF official told the...

New rules may toughen tariff preferences

The Indian Customs Rules-2020 is likely to make tariff preference in its market toughest for anyone, fear Bangladeshi trade officials and experts.The rules, issued by revenue department and that took effect in late September, aim to administer the rules of origin under all trade agreements signed by India.A senior commerce...

Globe Biotech pairs with ICDDR,B

Bangladesh's lone coronavirus vaccine candidate Globe Biotech on Wednesday assigned ICDDR,B as a contract research organisation (CRO) to start human trials of the homegrown immunisation in the country. To advance the trial process of BANCOVID, the local pharmaceutical group signed a memorandum of understanding with the ICDDR,B at its Tejgaon...

Govt to begin antigen tests soon

Antigen tests for coronavirus will begin soon in Bangladesh and the districts that have no RT-PCR lab will get the kits first, the director general of health services has said, reports bdnews24.com.The Directorate General of Health Services or DGHS is collecting 200,000 kits through the Central Medical Stores Depot initially,...

Virus cases surge, deaths decrease

The number of people diagnosed with novel coronavirus increased on Wednesday, although the number of casualties from the disease, Covid-19, declined.According to the Directorate General of Health Services (DGHS), 1,684 more people tested positive for Covid-19 in the past 24 hours after testing 14,411 samples.A total of 14,169 samples were...

Teach hygiene habits in early childhood

Good hygiene habits should be taught in early childhood as simple handwashing with soap can prevent viral diseases like Covid-19, speakers told a programme on Wednesday.They suggested that handwashing be made mandatory at all educational institutions before reopening to contain further spread of the coronavirus in Bangladesh. The observations came...

Briefing15-10-2020

Digitisation spurs Agrani's businessAgrani Bank has topped in deposit growth among its peer state-owned banks in 2019 mainly due to improvement in its client services. Its deposit growth surged to a new high at 11.3 per cent in 2019, while Rupali Bank at 6.4 per cent, Sonali Bank at 5.6...