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

City water retention area shrinks fast

The water retention area, proposed in Dhaka's Detailed Area Plan (DAP), has declined alarmingly over the last seven years, said an official of the Rajdhani Unnayan Kartripakkha (RAJUK).In its wake, the city's waterlogging problem aggravated, he added.There is an area of 1,590 sq km under the DAP gazetted in 2010.Of...

Dramatic turn in Teesta issue looks unlikely

Dhaka does not expect any positive outcome involving the Teesta water-sharing problem during Prime Minister Sheikh Hasina's upcoming visit to Indian state of West Bengal.The prime minister will meet her Indian counterpart Narendra Modi and chief minister of West Bengal Mamata Banerjee there."Tell us, what can we do? Work is...

Nine more die in anti-drug crackdown

Nine more people have been killed in what security forces described as shootouts as the nationwide drive against drugs continues.Law-enforcement agencies said they engaged in gun battles with drug traffickers in eight districts overnight on Tuesday, reports agencies.Among the dead, two people have been killed in Kushtia in an alleged...

Cabinet body approves Gold Policy-2018

The Cabinet Committee on Economic Affairs approved Wednesday the Gold Policy 2018, allowing the import of the precious metal into the country through legal routes."From now on we will import gold. In the past, no import of the metal had taken place. Rather, it was smuggled into the country," Finance...

A commuter rushing to take cover after a bus dropped her on the main road

A commuter rushing to take cover after a bus dropped her on the main road at Karwanbazar during a spell of downpour that paralysed the city dwellers' life on Wednesday morning — FE Photo by KAZ Sumon

HC summons investigators in BASIC Bank loan scam

The High Court has summoned investigators in a case that involves BASIC Bank's Tk 35 billion loan scam as they failed to complete the investigation of 56 cases related to the scandal in two and a half years, reports bdnews24.com.It asked them to appear in court on June 30 with...

News Watch (24-5-2018)

Tk 21.7m foreign currency haul at Sylhet airportSYLHET, May 23: Civil Aviation Authority Bangladesh (CAAB) members arrested a man along with foreign currencies worth Tk 21.7 million at the MAG Osmani International Airport on Wednesday noon. The arrestee was identified as Misbah Uddin, 52, of Kapasia upazila in Gazipur district....