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

Proposal to reduce city's bus routes to 42

A proposal to reduce city's bus routes from 291 to 42 and divide its area into nine clusters for operating public transports under the company system has been submitted to the bus route rationalization committee. It has also been proposed to operate buses on 42 routes among 366 approved routes...

No one is safe until everyone safe: PM

A sustainable recovery from the COVID-19 pandemic and its economic effects will never be possible without multilateral efforts at the global level, Sheikh Hasina has said, reports bdnews24.com.The prime minister highlighted the threats posed by a 'recent trend of protectionism and xenophobia in some countries' in ending the pandemic at...

Govt eyes project to prevent rawhide price debacle

The government plans to take up a project in a bid to prevent price debacle with improving the preserving process of rawhide (salted/non-salted) of cows, goats and buffaloes, sources said.The decision came at a view-exchange meeting on rawhide management, purchase and sale, storage and preservation. The meeting was held at...

Rice prices rise further in a week

Prices of rice, especially of medium and finer varieties, increased further across the country in a week, battering the consumers.Medium quality Brridhan-28 and 29 varieties were sold at Tk 54-57 a kg and finer quality Miniket (non-branded) at Tk 62-68 a kg based on quality, registering Tk 2.0-3.0 hike a...

Inter-factory transfer to come under VAT: NBR

Manufacturing industries will have to pay VAT for transferring raw materials from one factory to another, according to a clarification of the revenue board. However, the manufacturing units will get rebate on the paid VAT as per the VAT law (section-46).The manufacturers will not be able to change shapes, nature,...

10 arrested with links to killing of police officer in hospital

Police arrested ten people with alleged links to the killing of Anisul Karim, a senior assistant superintendent of police, in a private mental health hospital in Dhaka, reports bdnews24.com.Anisul died from beating allegedly by the employees of Mind Aid, a hospital in Dhaka's Adabor.Anisul's father Saijuddin Ahmed filed a murder...

HC orders to fine three doctors of Cancer Hospital Tk 0.5m each

The High Court on Tuesday ordered the health secretary to fine one serving physician and two former physicians of the National Institute of Cancer Research and Hospital (NICRH) Tk 0.5 million each for their negligence in installing, preserving and utilising eight high-end ventilators purchased for the Intensive Care Unit (ICU)...

US allows 1st emergency use of a COVID-19 antibody drug

WASHINGTON, Nov 10 (AP): US health officials have allowed emergency use of the first antibody drug to help the immune system fight COVID-19, an experimental approach against the virus that has killed more than 238,000 Americans.The Food and Drug Administration on Monday cleared the experimental drug from Eli Lilly for...

Biden defends health care law as high court mulls fate

WILMINGTON, Del. (AP): President-elect Joe Biden is championing the Obama administration's signature health law as it goes before the Supreme Court in a case that could overturn it.He will deliver a speech on the Affordable Care Act on Tuesday, the same day the high court will hear arguments on its...

SCBA complains to chief justice against HC bench

The leaders of the SCBA on Tuesday made a complaint to the chief justice that recently one or two High Court division benches had behaved rudely with the lawyers during the hearing of a case, which is not consistent with the dignity of the lawyers of the apex court of...