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

Top-heavy admin losing pyramid structure

The civil administration in Bangladesh is losing its pyramid structure as it is getting heavy at the top with large-scale promotion of officials in the upper tier in recent years, suggest official data.Many experts viewed the changing demography of the civil administration as a risk factor and warned that the...

Govt considers LNG buy from spot mkt

State-run Rupantarita Prakritik Gas Company Ltd has initiated master sales agreements (MSAs) with 17 global suppliers separately to source liquefied natural gas (LNG) from spot market.Final deals will be signed soon following the approval from the cabinet committee on economic affairs, a senior company official told the FE.He said the...

One more dies of dengue in city

One person was reported dead from dengue virus infection in the capital on Saturday, although the number of newly admitted patients declined considerably.The deceased was identified as Monwara Begum, 45, who died in Dhaka Medical College and Hospital (DMCH) at 11 am. She was admitted to DMCH on Tuesday after...

Merchants halt rawhide sale on pay row

Bangladesh Hide and Skin Merchants Association (BHSMA) on Saturday decided to put on hold sales of rawhide to the tanners until their arrears are paid.The decision came in the wake of the recent rawhide market debacle.The hide and skin merchants came up with the decision after a meeting at its...

Bangladeshi Hajj pilgrim killed in S Arabia bus crash

A Bangladeshi Hajj pilgrim has been killed and several others injured when a bus crashed due to a tyre burst in Saudi Arabia. The incident occurred 100 km away from Madinah in Wadi al-Fara around 11 am local time on Saturday. The victims could not be identified immediately. After completing...

Angry mob lynches two 'robbers' in Pabna

Two men with suspected ties to robbery have been beaten to death by an angry mob in Pabna's Santhia Upazila. The dead men, identified as Shahin alias Halka Shahin, 45, and Nasir alias Kalu, were operatives of the banned extremist outfit Sarbahara Party, according to the police. The lynching took...

Two from BD die in Kolkata car crash

Two Bangladeshis were killed and another injured after being crushed by a car in Kolkata. The deceased are Kazi Md Mainul Alam, 36, and Farhana Islam Tania, 30, police said. They took shelter under a shed outside a traffic police outpost near Shakespeare Sarani Police Station to escape the rain...