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

Rain causes severe disruptions in city

Heavy overnight rainfall followed by intermittent downpours throughout Thursday has caused immense suffering for residents of Dhaka.The downpour resulted in severe traffic congestion, a rise in transport fares, and waterlogging in many parts of the city on Thursday morning. According to the Bangladesh Meteorological Department (BMD), Dhaka recorded 55 mm...

Labour situation improves in Ashulia, Gazipur belts

The overall labour situation in Ashulia and Gazipur industrial belts improved on Thursday as most of the garment factories, except some 34, reopened with workers joining their workplaces.Workers of two factories, however, were locked in chases and engaged in vandalism in the Zirani area of Gazipur in the morning.Sources said...

Review body picks 11 power plants

The national committee on reviewing power and energy sector deals has sought data on 11 power plants approved under the 'controversial' special provision law.The power plants are: Godda 1,496 MW coal-fired power plant, Adani's Meghnaghat 583 MW dual fuel power plant, Baghabari 200 MW diesel-fired power plant, Patuakhali 150 MW...

CIB intensifies loan monitoring

Bangladesh Bank has instructed the banks to submit monthly output of every loan for ensuring proper monitoring and supervision of the advances.The Credit Information Bureau (CIB) of the BB issued a circular on Thursday, asking the banks to submit monthly information of each loan to the credit information system (CIS)...

Two wells can be drilled with money one LNG cargo costs: Adviser

The government can drill two onshore wells with the money it spends to purchase one cargo of liquefied natural gas (LNG) from the international spot market, adviser for Power and Energy Dr Muhammad Fouzul Kabir Khan said Thursday.Speaking in an impromptu press conference in his office in the Secretariat the...

Online tax return filings gather pace

The tax authority has so far received inspiring responses from individual taxpayers to the submission of online tax returns since re-launching the upgraded systems on September 9. Approximately 50,000 individuals have submitted their income tax returns online using the e-Return option (www.etaxnbr.gov) until now, according to a press release issued...

Three more die of dengue__

Three more deaths were reported from dengue in 24 hours till Thursday morning, bringing the total fatalities from the mosquito-borne disease in Bangladesh to 177 this year, reports UNB.During this period, 1,022 more patients were hospitalised with viral fever, according to the Directorate General of Health Services (DGHS).Of the latest...

Speakers calls for abolishing CSA

Speakers at a view exchange meeting demanded to abolish the "Cyber Security Act" as the law is not amendable. Ministry of Law, Justice and Parliamentary Affairs on Thursday organised the discussion on the proposed amendments at the Judicial Administration Training Institute (JATI) in the city. Dr Asif Nazrul, law advisor,...

HSC results likely Oct 15-1 7

The results of the Higher Secondary Certificate (HSC) and its equivalent examinations of 2024 will be published any day between October 15-1 7, reports UNB.Dhaka Education Board Chairman and Inter-education board coordinating committee Chairman Prof Tapan Kumar Sarkar said over mobile phone on Thursday.This year, the HSC and its equivalent...

Travel ban issued against former DIG, police commissioners

A Rangpur court imposed a travel ban on 14 individuals, including former high-ranking police officials, in connection with the murder case of Abu Sayed, a student killed during the recent mass movement, a police spokesman said on Thursday.The order was issued by Rangpur Metropolitan Magistrate Court Judge Asaduzzaman on Tuesday.ABM...

EU supports BD to strengthen border security

The European Union (EU) is supporting border control personnel detect and counter forged documents, identity theft and other cross-border crimes, as well as prevent irregular migration, reports UNB.The EU has provided trainings on Document Forensic Examination for Immigration Police. In addition, on 26 September, the EU transferred equipment, including a...

No concessions to BSF, says BGB DG

No concessions will be given to India's Border Security Force on matters of border security, says Maj Gen Mohammad Ashrafuzzaman Siddiqui, the director general of Border Guard Bangladesh, reports bdnews24.com.He said, "We are determined to protect the border. We want to assure the BSF that we will not give any...