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

Structures can be rebuilt, but lost lives never come back: PM

Prime Minister Sheikh Hasina on Wednesday said the lives lost during the recent quota-reform violence can never be brought back even if the destroyed structures are rebuilt, reports UNB."The structures that were destroyed can be rebuilt. But we will never get back the lives that were lost," she said.The premier...

E-com loses Tk 17b in 13 days

The e-Commerce Association of Bangladesh (e-CAB) has reported a walloping great financial loss in the country's e-commerce sector due to the recent shutdown of internet and social network Facebook.During a press conference at Banani in Dhaka on Wednesday, e-CAB president Shomi Kaiser disclosed that the sector had incurred losses exceeding...

A student tries to stop a police van carrying fellow protesters

A student tries to stop a police van carrying fellow protesters in the High Court area in Dhaka. As students on Wednesday marched to the court demanding justice for more than 200 deaths and thousands of injuries during the nationwide quota-protest movement, police swooped on the march and arrested some...

Access to social media restored

After a 13-day closure, access to social-media platforms like Facebook, TikTok, Whatsapp, Instagram and YouTube was restored on Wednesday afternoon.Users were able to access these platforms after 2:00 pm on the day, following a morning meeting between the tech operators and the government of Bangladesh that decided to operate the...

Harun transferred from DB

Chief of the Detective Branch (DB) of the Dhaka Metropolitan Police (DMP) Additional Commissioner Harun or Rashid has been transferred. He has been appointed as the Additional Commissioner (Crime and Opera-tions) at DMP Headquarters.This information was revealed in an office order signed by DMP Commissioner Habibur Rahman on Wednesday.The office...

US senators condemn crackdown on quota protests

US senators have condemned Bangladeshi security forces for using force and violence against student protesters.Senators Ben Cardin, chair of the Senate Foreign Relations Committee, and Cory Booker issued a statement on Wednesday condemning the violence against students protesting the quota system in public job recruitment.The security forces involved in these...

Russian credit to BD higher in FY24

Moscow provided a higher volume of loans to Dhaka in fiscal year 2023-24 despite the latter's two-year halt to repayments, officials said on Monday.Russia disbursed $1.295 billion credit last fiscal, which was the second-highest amount for the nuclear-power project in Bangladesh, showed the data available with the Economic Relations Division...

HC judge's sickness halts writ hearing

Hearing on the writ petition that sought directives for not using live rounds on the protesters along with immediate release of the six coordinators of the quota reform movement could not be held in the High Court (HC) on Wednesday. The HC bench, headed by Justice Mustafa Zaman Islam, could...

Students remember the heroes today

The 'Anti-discrimination Student Movement' has announced to the media its 'Remembering the Heroes' programme across the country for today (Thursday).On behalf of the students, coordinator Rifat Rashid of the movement made the disclosure in a statement on Wednesday night.He particularly pleaded with all students, teachers, parents, intellectuals, professionals, workers and...

Primary schools to reopen Sunday

All primary schools under the Ministry of Primary and Mass Education, except those in 12 city corporations and Narsingdi municipalities, will reopen on Sunday.Children Welfare Primary Schools run by Children Welfare Trust and learning centres under Non-formal Education Bureau will open, according to the Ministry of Primary and Mass Education,...

BPDB, SSPL sign PPA

The state-run Bangladesh Power Development Board (BPDB) has inked a power purchase agreement (PPA) with the Sonagazi Solar Power Ltd (SSPL) to build a 50-mewagatt solar power plant in Noakhali.The deal-signing ceremony was hosted at Bidyut Bhaban in the capital on Wednesday.An implementation agreement was also penned by Power Division...

FBCCI welcomes govt's decision to waive port demurrage charges

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) on Wednesday welcomed the government's decision to exempt port demurrage charges for seven days on export and import goods.Earlier, the apex trade body requested this exemption as the recent countrywide anti-quota protests had severely hampered shipment activities at Chattogram Port.In...

Matiur goes on 'early retirement' without financial benefits

Matiur Rahman, former member of the National Board of Revenue (NBR) and much-talked- about in the recent goat incident, has gone on 'early retirement', reports UNB.The government has sent him on retirement after he applied for voluntary retirement.The Internal Resources Division (IRD) issued a notification in this regard on Wednesday.The...