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

Problems grip work on Ctg-Cox's Bazar railway

A high-level committee has identified multiple problems that impede the timely implementation of the much-hyped rail project to link Cox's Bazar.Felling trees in a 207-acre forest along a 15-kilometre stretch of the rail line and removal of power lines have become major challenges to do the job in time.The implementation...

Ashura observed

The holy Ashura, commemorating the martyrdom of Hazrat Imam Hussain (RA), was observed in the country Tuesday with due religious fervour and solemnity, reports BSS.On this day in the Hijri year of 61, Hazrat Imam (RA), a grandson ofProphet Hazrat Muhammad (SM), along with his family members and 72 followers...

Myanmar to host int'l delegation to Rakhine

Myanmar will host an international delegation, including envoys from several countries, to the Northern Rakhine State to show its preparations for repatriation of Rohingyas, Foreign Minister Dr A K Abdul Momen said.The delegation will assess conduciveness of the situation there (for starting the repatriation), the foreign minister said while talking...

The post-flood inflation

Once the sensationalism has worn off people, especially policy planners tend to forget that there's inflation related to the post-flood situation seasonally. While economists pore over point to point inflation as a whole there's an almost eerie silence over how the flood-affected actually rebuild their lives after the photo-session immediate...

Govt sticks to decision on highway tolls

The government has initiated the process of tolling national highways following the prime minister's advice, said Road Transport and Bridges Minister Obaidul Quader, reports bdnews24.com.On Sept 3, Sheikh Hasina advised the relevant agencies to impose tolls on all national highways."The government is firm on the decision. The prime minister herself...

TIB voices deep concern

The Transparency International, Bangladesh (TIB) expressed grave concern over the allegation of enrolling some students in the Dhaka University (DU) without taking any admission test.The anti-corruption watchdog also urged the authorities concerned to form a probe-body to conduct a neutral and credible investigation regarding the matter, and to ensure punishment...

BTRC posts draft guidelines on VSAT licence on website

The telecom regulator has posted draft guidelines on providing licences for VSAT hub operators and VSAT users on its website to seek public opinion.The guidelines are intended to provide an overview of the licensing and regulatory framework for applicant(s) seeking to obtain licences to develop, build, own, maintain and operate...

Sacks of paddy being unloaded

Sacks of paddy being unloaded at Ashuganj near Brahmanbaria on Wednesday — Focus Bangla

MRA lowers service charge on microcredit

The Microcredit Regulatory Authority (MRA) has slashed the service charge of the micro-finance institutions (MFIs) on microcredit to 24 per cent from the existing 27 per cent. The regulator issued a circular in this regard on September 9.From now on, the MFIs can charge a maximum of 24 per cent...

Biman set to welcome 4th Dreamliner Saturday

Biman Bangladesh Airlines is going to add the 4th Boeing 787-8 Dreamliner, 'Rajhanso', to its fleet on Saturday instead of Thursday, report agencies.Deputy General Manager (PR) of Biman Tahera Khondokar said the arrival of Rajhanso got delayed as Boeing, a US aircraft manufacturer, sought 48 hours more to deliver the...

Stampede kills 31 at Ashura commemorations in Karbala

KARBALA, Sept 11(BBC): At least 31 people have been killed in a stampede during commemorations for the Shia holy day of Ashura in the Iraqi city of Karbala, officials say.A health ministry spokesman said another 100 people were injured and warned that the death toll could rise.The stampede reportedly occurred...

UK unveils new immigration route for int'l students

Prime Minister Boris Johnson has unveiled plans to transform how talented international students are able build successful careers in the UK through a new immigration route, reports UNB.International students make up half of all full-time post-graduate students in Science, Technology, Engineering and Math (STEM) subjects.The new immigration route, announced Wednesday,...

Trucks parked illegally

Trucks parked illegally under the second Buriganga Bridge at Babubazar in the city as is seen in the photo on Wednesday — FE photo