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

At least 42 perish in floating inferno

At least 42 people burnt to death and 72 others were injured in a massive fire that ripped through a launch carrying some 800 passengers from Dhaka to Barguna in the early hours of Friday, according to TV channels and online sources.The blaze, in fact, began on the Avijan-10 in...

Paltry penalty encourages labour law violations

With no minimum penalty range set for labour-law violation, the inspectors sometimes fine such a lawbreaker as low as Tk 100 that virtually borders on impunity for more acts of contravention. Officials say the maximum penalty for labour-law violation is currently Tk 25,000 while there is no minimum penalty range...

Outbound workers pay more than they earn

Higher total recruitment cost eats up much of the benefit outbound workers reap from their sweated labour and leave many of them indebted, sector experts say and show probable new model of secure migration. The prevailing middleman-infested arrangements force them to take extra workloads and other pressures to recoup such...

Positivity rate crosses 2.0pc

Covid-19 test positivity rate exceeded 2.0 per cent in Bangladesh on Friday after a couple of months with authorities reporting 342 new virus cases.The Directorate General of Health Services (DGHS) recorded the Covid-19 infection rate at 2.02 per cent on the day while the rate was 1.95 per cent on...

Make your match on worldwide digital platform

App-based matchmaking services are getting a big boost in Bangladesh as an internationally reputed company sets its foothold on local wedding-business market to grab a slice of the cake.The Chennai-based wedding-service company, Matrimony, believes that the market has huge potential in the country following societal and lifestyle changes of urban...

Briefing 25-12-2021

Dhaka stocks keep bleedingStocks suffered yet another setback in the outgoing week, with the key index of the Dhaka Stock Exchange (DSE) falling to four month low, amid confidence crisis among investors. The week featured five trading days as usual and four sessions ended sharply lower while one saw marginal...