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

Dev projects set to come under tighter monitoring

Development projects are set to come under strict monitoring as a high-powered government committee will travel outside Dhaka to oversee the implementation work from early next month, officials said on Saturday.The main focus of the committee's monitoring initiatives would be on quality and timely execution of development projects, they said.The...

A vendor selling coffee to a rickshawpuller stuck in the traffic jam

A vendor selling coffee to a rickshawpuller stuck in the traffic jam on the Topkhana Road in the city on Saturday — FE photo by Shafiqul Alam

Hopes fade for 300 missing in Brazil dam collapse

BRUMADINHO, Brazil, Jan 26 (AFP): Hopes were fading Saturday that rescuers would find more survivors from at least 300 missing after a dam collapse at a mine in southeast Brazil, with nine bodies so far recovered.Seven bodies were recovered Friday hours after the disaster, after a torrent of mud broke...

Worrying rise in government's pension payment liabilities

The government's pension payments are growing at a worrying rate -- nearly 22 per cent annually -- over the past three years for higher life expectancy and the latest rise in basic pay.Such payments are expected to increase further this fiscal as the government allowed some pensioners, who had withdrawn...

CPD puts blame on owners' threat to close factories

Threats from a section of garment factory owners to dismiss workers and suspend production despite the assurance of adjustment of wages prompted the latter to go for the recent agitations in different apparel hubs in the country, says a private think-tank."Workers were compelled to create the adverse situation over their...

Corrigendum (27-01-2018)

The LankaBangla Finance Ltd issued a rejoinder to the news item published under the headline 'ACC sues former BASIC Bank, LankaBangla officials' on page 1 in the January 24, 2019 issue of The Financial Express.In the news item it was inadvertently mentioned that Mr Faruk Ahmed Bhuiyan was a former...

Hasina greets Pranab for winning Bharat Ratna

Prime Minister Sheikh Hasina congratulated on Saturday former Indian President Pranab Mukherjee as he was honoured with his country's highest civilian award 'Bharat Ratna'. Sheikh Hasina greeted Pranab on the phone on Saturday morning, said the Press Wing of the Prime Minister's Office. — UNB

Three of a family die in Buriganga boat capsize

KERANIGANJ, Jan 26: Three members of a family died and a minor went missing as a boat capsized in the Buriganga River on Friday night. The deceased were identified as Motiur Rahman Moti, 55, his wife Rozina Begum, 42, and Momtaz Begum, 50. — UNB

Rape suspect shot dead

Police recovered on Saturday the bullet-ridden body of a suspect in a rape case with a note tied around his neck reading: "I am in this state because I raped a madrasa student". The body was recovered from a rice field in Boltala Village. The man was identified as 28-year-old...