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

Move to up import duty on sugar

The government has decided to review the existing import duties on raw and refined sugar following a decline in the prices of the item in the international market.The government high-ups will sit Thursday in the National Board of Revenue (NBR) to review the existing import duties on both raw and...

Rohingyas demand role in repatriation negotiation

A platform of Rohingya has placed several demands, including "direct, meaningful and sustained consultation" with the refugees in the repatriation process.In a letter to the UN Security Council (UNSC), the Arakan Rohingya Society for Peace and Human Rights has also demanded recognition of their status as Rohingya, guarantees of non-reprisal,...

BB moves to raise remittance flow from Japan, S Korea

The central bank of Bangladesh has taken initiatives to expedite the flow of inward remittances from Japan and South Korea, officials said.Under the latest moves, the Bangladesh Bank (BB) is giving approval to the interested commercial banks for setting up more drawing arrangements with money transfer companies in the two...

Head-on collision of two Rangpur buses kills six

RANGPUR, Sept 02 (UNB): At least six people were killed and 50 others injured in a head-on collision between two buses at Seo Bazar in the city on Sunday.The identities of the deceased could not be known yet.The accident took place when a bus of Bangladesh Road Transport Corporation (BRTC)...

May vows no compromise over Brexit

British Prime Minister Theresa May said she would not compromise with Brussels over her plans for Brexit as a media report said rivals in her party were set to publish their own proposal calling for a cleaner break with the European Union, reports Reuters.With under two months before Britain and...

Battery-run rickshaws ply Ctg roads after court order

CHATTOGRAM, Sep 2: After a long-drawn legal battle, the battery-run three-wheeler rickshaws and auto-bikes have started plying the city roads today. Bangladesh Battery-run Auto-Rickshaw, Auto Bike Service and Bangladesh Awami Battery-run Auto-Rickshaw and Auto Bike Federation have announced it.Leaders of the organisation said the battery-run rickshaws and auto-bikes will be...

Six die in Somalia car bomb attack

At least six people were killed when a suicide car bomb struck a local government office in central Mogadishu on Sunday, destroying the building and a Quranic school opposite, reports Reuters.Islamist militant group Al Shabaab said it was behind the attack on Hawlwadag district office, which also blew off the...

Kathmandu airport scare after plane skids off runway

KATHMANDU, Sept 02: Nepal's only international airport had to be closed for some 11 hours after a domestic aircraft skidded off the recently repaired runway, officials said Sunday, reports Gulf News.The Jetstream 41 was flying in to Kathmandu from Nepalgunj in southern Nepal late Saturday with 21 passengers onboard when...

'Roads near Tejgaon truck stand to remain free of illegal parking again'

Dhaka North City Corporation (DNCC) Panel Mayor Jamal Mostafa said on Sunday roads near the Tejgaon truck stand will remain free from illegal parking from Monday, reports UNB.He came up with the information while talking to reporters following a meeting with truck owners and workers after visiting the roads which...

Amid US-China trade war, Xi reiterates reform commitment

BEIJING, Sept 02 (Reuters): China is still determined to reform and wants to work with all parties to build an open world economy, Chinese President Xi Jinping said on Sunday, reiterating Beijing's message amid a bitter trade war with Washington. The two countries have been rolling out a series of...

1,540 migrants perished in Mediterranean in 2018: UN

A total 1,549 people have lost their lives in the Mediterranean since the beginning of 2018, compared to 2,434 during the same time in 2017, the UN migration agency has said, reports IANS.More than 68,000 migrants and refugees entered Europe by sea through 29 August, 28,579 of whom landed in...

Egypt says village found in Nile Delta predated pharaohs

CAIRO, Sep 2 (AP): Egypt said Sunday that archeologists have unearthed one of the oldest villages ever found in the Nile Delta, with remains dating back to before the pharaohs.The Antiquities Ministry said the Neolithic site was discovered in Tell el-Samara, about 140 kilometers (87 miles) north of Cairo. Chief...

Basra residents protest against corruption

BASRA (Iraq), Sept 02 (Reuters): About 150 protesters gathered at the main entrance to Iraq's giant Nahr Bin Omar oilfield in the southern oil hub of Basra on Sunday, police said, amid growing unrest in southern cities over poor public services and corruption.Officials at the field, operated by state-run Basra...

Illegal makeshift structures

Illegal makeshift structures occupying the bank of Buriganga at Lalbagh. The photograph was taken on Sunday — FE photo