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

Onion prices ease

The prices of onion showed a slight decline both in the retail and wholesale markets in Dhaka city on Friday.Traders said the onion prices dropped a bit after the government agency concerned intensified their monitoring drives in Chattogram and Dhaka.Local varieties were sold at Tk 130-Tk 135 per kilogramme while...

The five-storied New Market, illegally built on the bank of the river Turag

The five-storied New Market, illegally built on the bank of the river Turag, was demolished few months ago by the BIWTA. But the remaining part of it still stands tall. The photograph was taken on Friday — FE photo by KAZ Sumon

ACC backs full physical inspection

The anti-graft watchdog has advocated cent per cent physical verification of containerised goods amid rampant tax evasion in top seaports, officials said.But multiple consignees said such one-to-one inspection would impact goods movement to and from Bangladesh as doing the job manually will take much time.If it takes time, they said,...

Indentors seek CIP status

Country's indentors have urged the government to grant them the status of Commercially Important Person (CIP).President of Bangladesh Indenting Agents' Associa-tion (BIAA) Rafiqul Islam Masum, in a letter sent to the commerce ministry secretary Dr Md Jafar Uddin recently, sought the status in view of their significant contribution to economic...

Saudi firm plans big on cement factory

Saudi company Engineering Dimensions wants to build a large cement factory in northeastern Chhatak of Sunamganj district, officials said. A delegation of the company arrives in Dhaka today (Saturday) discuss the investment plan, according to the officials. If everything goes according to the plan, the cement manufacturing plant will be...

50pc citizens believe UK may not exist in decade

The United Kingdom might not exist in its current form in a decade's time, half of its citizens believe, an Ipsos MORI poll found, reports Reuters.The 52-48 per cent vote in 2016 to leave the European Union has strained the bonds that tie England, Scotland, Wales and Northern Ireland into...

New dengue vaccine shows promise

The latest dengue vaccine reduced the occurrence of the disease by about 80 per cent in children vaccinated compared with unvaccinated children, researchers report, according to a report by /www.sciencenews.org. But the full picture of the vaccine's safety and effectiveness is still under study, and won't emerge for several more...

Rice output may jump 2.27pc

BENGALURU, Nov 8 (Reuters): Rice output is expected to jump 2.27 per cent in Bangladesh to 35.8 million tonnes in the May-April marketing year, thanks to favourable weather, the US Department of Agriculture (USDA) said.Rice imports are expected to hit 50,000 tonnes in the year to April, down 50 per...

A bus rammed into an easy bike at Magurmari on the Panghagarh-Tentulia

A bus rammed into an easy bike at Magurmari on the Panghagarh-Tentulia highway on Friday, killing seven people Story on Page 1 — Collected