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

Inflation rockets 13yr high in July

Inflation rocketed 13-year high to 11.66 per cent in July as food cost soared by a steep 14.10 per cent, the toghest month especially for the commoners, the last official disclosure showed.In a single month, the food inflation on a point-to-point basis surged by 3.68 percentage points to 14.10 per...

Extended Hasina stay won't affect BD-India ties, says Adviser

Bilateral ties will not be affected if India allows former prime minister Sheikh Hasina a longer stay, said Foreign Affairs Adviser Md Touhid Hossain."Why will our ties be harmed if someone stays there? There is no reason to be so," he told journalists after briefing Dhaka-based foreign diplomats on Monday.Sheikh...

Let moribund banks die, book banking scamsters

Banks lying "clinically dead" and on the brink, surviving only through bailouts, should be allowed to close down, recommends a local think-tank in exhaustive redemption plans for banking and finance. For riddance from such problem banks, the Centre for Policy Dialogue (CPD) suggests that the interim government formulate an exit...

Editors' Council calls for scrapping repressive laws stifling free press

The Editors' Council, a national organisation of newspaper editors in Bangladesh, has demanded immediate repeal of the laws restricting press freedom and silencing the independent press.The council also demanded the withdrawal of all harassment cases against journalists, including those filed in connection with the recent anti-quota student movement. It said...

Traffic police resume duties alongside students

Traffic police resume duties alongside students, who had been managing vehicular movement across the country since August 6. The photo was taken from Dhaka's Motijheel area on Monday. — FE Photo by Shafiqul Alam

Congestion now spreads from ctg port to ICDs

Congestion has spread from the Chittagong Port's jetties, yards and outer anchorage to inland container depots (ICDs).The port city's 19 ICDs now hold more than 15,000 twenty-foot equivalent units (TEUs) of export boxes, nearly double the usual storage of about 8,000 TEUs.At the same time, the depots are also storing...