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

Ballast deficiencies spoil new rail lines

Planning ministry has uncovered severe deficiencies in the ballast thickness of new rail lines built in the Kashiani-Gopalganj-Tungipara region, with the ballast measuring only 100 millimetre at certain points.The current ballast measurement is only 40 per cent of the 250mm standard set by the authorities concerned, showing an example of...

COP29 kicks off in Baku tomorrow

The 29th conference of the parties (COP29) of the United Nations Framework Convention on Climate Change kicks off in the Azerbaijan capital of Baku tomorrow (Monday).The November 11-22 event is a pivotal opportunity to accelerate action to tackle the overwhelming climate crisis.With temperatures hitting record highs and extreme weather events...

Judiciary Reform Commission to meet Carter Center, FBCCI today

The Judiciary Reform Commission formed by the interim government will exchange views with the delegation of the Carter Center and the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) today (Sunday) as part of its consultation with stakeholders.Commission Secretary (district and sessions judge) Mohammad Faruque told BSS that the...

Ctg apparel export up amid unrest in Dhaka

CHATTOGRAM, Nov 09: The export of ready-made garments (RMG) from factories in the port city is increasing as there is no labour unrest here.According to the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), RMG goods to the tune of $543 million have been exported from Chattogram in the first four...

Sonamasjid port eclipses Benapole, Burimari

Bangladesh's foreign-trade landscape changes a lot as Sonamasjid land port has become the largest trading frontier in recent years, surpassing Benapole and Burimari ports, according to insiders.Official statistics show Sonamasjid port in Chapainawabganj has handled the largest volume of export and import goods for past fiscal years than that of...

Dengue: 8 more die _

Eight more deaths were reported from dengue in 24 hours until Saturday morning, raising the number of fatalities from the mosquito-borne disease in Bangladesh to 350 this year. In the recent fatalities, four were reported in the Dhaka South City Corporation (DSCC), 1 in the Dhaka North City Corporation (DSCC),...

Probe into UK royals' private estates sparks calls for reform

LONDON, Nov 9 (AFP): Britain's royal family is facing calls for more transparency and reform of their private estates after an investigation alleged they have been profiting from public bodies while benefiting from major tax exemptions.The UK media probe also accused the estates of King Charles III and his eldest...

Israeli defense minister officially steps down

Israeli Defense Minister Yoav Gallant officially stepped down Friday in a ceremony that replaced him with Israel Katz, the former foreign minister, just three days after Prime Minister Benjamin Netanyahu fired Gallant, sparking protests.Many in Israel view Gallant as the sole moderate voice in a far-right government, and see his...

TCB takes preparations ahead of Ramadan

The state-run Trading Corporation of Bangladesh (TCB) has taken necessary preparations ahead of the Holy Month of Ramadan through importing commodities as well as local procurement of items, reports UNB.As part of its huge activities, the TCB would sell some 20,000 metric tons of lentil, two crore liters of edible...