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

Robi's giant IPO hits market tomorrow

Robi, the country's second-largest mobile phone operator, is set to launch the initial public offering (IPO) tomorrow (Tuesday). The IPO being the largest one will dwarf the one floated by its main market rival---the Grameenphone (GP)--- back in 2009 .The company has offered 523 million shares at a face value...

BD changes stance on Rohingya repatriation

Bangladesh does not want to tag the citizenship rights issue with the repatriation of Rohingya refugees.Several Rohingya community leaders and rights groups have been vocal about ensuring citizenship rights of refugees before their repatriation to Myanmar."We do not think that placing the citizenship issue as a prerequisite to the repatriation...

Elderly bear almost full health costs

Bangladesh's households bear some 93 per cent of total cost of illness for senior citizens as out-of-pocket payment, highest in South Asia, a new study finds.The study, conducted by Bangladesh Institute of Development Studies (BIDS), has also revealed the majority of elderly people get healthcare services from pharmacies, indicating a...

Acting legend Soumitra dies at 85

Legendary actor Soumitra Chatterjee, famed for his work with Oscar-winning director Satyajit Ray, has died from COVID-19 complications, reports bdnews.24.The 85-year-old actor was admitted to hospital in Kolkata city on Oct 6 after he tested positive for the virus. He will be mourned by fans and critics who avidly followed...

Writ filed on govt step to sell war-time firearms

A writ petition was filed with the High Court on Sunday challenging the legality of a government initiative for selling out the arms used during the liberation war of Bangladesh in 1971. Advocate ZI Khan Panna, a Supreme Court lawyer and Ain o Salish Kendra (ASK), a rights organization, represented...

Fatalities, infection rise again

Both the infection rate and fatalities from Covid-19 increased again in Bangladesh on Sunday.Twenty one more people died of the coronavirus disease on the day compared to the previous day's tally of 14, according to the Directorate General of Health Services (DGHS).With the latest figure, the number of total fatalities...

Supply of new Aman paddy

Supply of new Aman paddy in Ashuganj wholesale market in Brahmanbaria is plentiful during this harvest season, but there is almost no trading as the government fixed the paddy and rice procurement prices at low rates — Focus Bangla