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

PM receives warm reception in S’pore

SINGAPORE, Mar 11: Prime Minister Sheikh Hasina was accorded a warm reception as she arrived in the city Sunday afternoon on a four-day official visit to Singapore at the invitation of her Singapore counterpart Lee Hsien Loong.A VVIP flight of Biman Bangladesh Airlines carrying the prime minister and members of...

Re-excavation of 16 canals starts in Ctg immediately to remove waterlogging

CHITTAGONG, Mar 11: The re-excavation of at least 16 canals in the port city will start immediately to remove waterlogging. This was decided in the first meeting of the Project Monitoring Committee of the Chittagong City Waterlogging Mitigation Project today.President of the Project Monitoring Committee (PMC) and Housing and Public...

124 garment factories still operate in risky buildings

More than one hundred readymade garment factories located in the capital and the port city are still operating in risky buildings, defying the government's instruction to close such factories putting the lives of workers at risk, sources said.During the initial inspection on structural integrity, fire and electrical safety conducted by...

96pc of CNG-run 3-wheelers in capital ply on contract

Nearly 96 per cent of the CNG-run three-wheelers in the capital ply on contract basis, thus charging exorbitant fare from the passengers, a study has revealed.According to the study, 91 per cent of the drivers, who charge fare according to the meter reading, also demand extra tips. Nonetheless 87 per...

ACC quizzes four ex-AB Bank top officials

The Anti-Corruption Commission (ACC) grilled on Sunday four former top officials of AB Bank including chairman M Wahidul Haque over alleged laundering of Tk 1.65 billion through two shady companies.An ACC team led by its assistant director Gulshan Anwar Pradhan quizzed the former officials of the bank at the ACC...

Expat population on the decline in Oman

MUSCAT, Mar 11: After seeing their number rise for over a decade, the population of expatriates in Oman is now witnessing a downward trend, reports Times of Oman.According to data from the National Centre for Statistical Information (NCSI), the number of expats has fallen by nearly 21,000 in 10 months....

Muhith upbeat about ADP execution, cites three reasons

FE ReportFinance Minister AMA Muhith sounded an upbeat note on higher implementation of the current annual development programme (ADP) and cited three boosters, while he appeared a bit downbeat over revenue receipts.On matter of revenue collection, he was bitterly critical of the business community for forcing the government to withhold...