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

Apparel makers seek govt incentives

Garment makers have called for realising government facilities in the form of direct or indirect incentives to implement the proposed pay hike.They proposed adjusting annual inflation through increment instead of pay hike review every five years.The manufacturers voiced concern over the pay rise, saying if the wages are increased much...

Green financing key to green RMG

Access to green financing and recognising green actions by the ready-made garment (RMG) factories may help scale up the move to green the clothing industry.A study titled 'Environ-mental compliance opportunities in the ready-made garment industry: Lessons from the green high achievers' revealed this on Sunday.It called for reviewing policies about...

Hasina, Modi to inaugurate rail projects today

Prime Minister Sheikh Hasina and her Indian counterpart Narendra Modi will inaugurate the construction work of two railway projects through videoconferencing today (Monday).The two projects are - "Kulaura-Shahbajpur Section Rehabilitation of Bangladesh Railway" and "Akhaura-Agartala Dual Gauge Rail Connectivity (Bangladesh part)."According to the release, the estimated cost of the project...

UN urges ICC to urgently open investigation

United Nations Special Adviser on the Prevention of Genocide Adama Dieng has urged ICC Prosecutor Fatou Bensouda to consider the recommendation of its Chamber to decide on the opening of an investigation into the atrocities against Rohingyas without delay, reports UNB.He said the decision of the Pre-Trial Chamber of the...

Traders get exemption from VAT on sales of computer parts

The National Board of Revenue (NBR) has reintroduced VAT exemption on sales of computer accessories at trading stage in a bid to keep their prices affordable.Traders will now enjoy exemption from payment of 4.0 per cent trade VAT on computer parts as per a Statutory Regulatory Order (SRO) issued by...

Passengers disembarking from a launch onto a boat

Passengers disembarking from a launch onto a boat on the Buriganga on Sunday, taking risk, despite there being a terminal at Sadarghat to do so. The photograph was taken on Sunday — FE photo

BNP gets DMP permission to stage human chain today

BNP got permission on Sunday to stage a human chain in the city today (Monday) demanding its Chairperson Khaleda Zia's release from jail, reports UNB.BNP senior joint secretary general Ruhul Kabir Rizvi said the Dhaka Metropolitan Police (DMP) commissioner gave the verbal permission to form the human chain in front...

Two research teams claim to have decoded hilsa genome

Two Bangladesh-based research teams have announced that they have successfully mapped the genome sequence of the hilsa fish, reports bdnews24.com on Sunday.Though both groups conducted their research separately, they announced their results to the media nearly simultaneously.A genome is the complete set of genes or genetic material present in an...

Teen commits ‘suicide’ by jumping into city lake

A teenage girl has committed suicide by jumping into Dhaka's Dhanmondi lake after an altercation with her younger sister, police said, reports bdnews24.com.The girl has been identified as 17-year-old Mosharat Khandaker Imi, an A-level student at the European Standard School.She is the second eldest daughter of Qatar-based migrant worker Liakat...

BAAS to celebrate 50 years of operation on Sept 15-16

Bangladesh AOTS Alumni Society (BAAS) is set to celebrate 50 years of its operation through a programme in the capital on September 15-16 this year.The two-day programme, with the slogan 'Aspiration to Action, Emerging Bangladesh', will be held at the grand ballroom of Pan Pacific Sonargaon Hotel.BAAS leaders disclosed this...

300 MW power supply from India begins

NEW DELHI: Indian state-run power major NTPC's trading arm NVVN was scheduled to begin power supply of 300 MW to Bangladesh from midnight Sunday, according to a report by ETEnergyworld.com."The 300 MW power supply to Bangladesh by the NVVN will commence from 00:00 hrs of 10th September 2018," NTPC said...

A procession was taken out from Satmatha in Bogura

A procession was taken out from Satmatha in Bogura on Sunday on the occasion of International Vulture Awareness Day 2018 — Focus Bangla