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

Overlap forces project shelved for now

The government has backtracked on its decision to implement the Tk 20 billion bus-based mass transit line project in the city, pushing another plan to modernise Mohakhali bus terminal into uncertainty, sources said.They said the decision to stop work on the Bus Rapid Transit (BRT) line-3 has been taken to...

Mashiur backs taxing foreign health spending

Economic affairs adviser to Prime Minister Dr. Mashiur Rahman on Wednesday said health spending by Bangladeshi nationals abroad should be taxed to develop the country's healthcare facilities."Had one spent money in the country, the country would have benefited. If he or she spends abroad, the country doesn't benefit, so taxing...

Dhanmondi to host '395 dwelling units per acre'

Dhanmondi will turn densely populated within five years with 395 dwelling units per acre, if the current building trend continues, an urban expert said.Dhanmondi's density will then be higher than Jhigatola, Sabujbagh and even Kamrangirchar areas, he predicted.The gross density of Dhanmondi is 240 dwelling units per acre against the...

'BD has potential for halal food export'

There is immense potential for exporting the country's halal food products abroad, commerce secretary Md Jafar Uddin said on Wednesday.Halal food items have huge potential for exports across the globe and the market has been increasing gradually.Time is high to tap the export market of such food products, Mr Jafar...

Govt set to approve a 42.5-MW plant today

The government is set to approve a project on waste-to-energy production by using garbage of Dhaka North City Corporation, officials said.The Cabinet Committee on Government Purchase is scheduled to approve the proposal of the Power Division today (Thursday). Once approved, the China Machinery Engineering Corporation (CMEC) will generate 42.5 megawatts...

Bengal Commercial Bank unveils logo

Bengal Commercial Bank Limited (BGCB) on Wednesday unveiled its official logo with the motto to stand by the small and medium businesses.BGCB, the 60th scheduled bank in the country, is expected to launch its services soon, the bank authorities said.Commerce minister Tipu Munshi graced the ceremony as the chief guest...

Europe Covid death toll tops 300,000

More than 300,000 people have died of Covid-19 across Europe, according to a Reuters tally on Tuesday, and authorities fear that fatalities and infections will continue to rise as the region heads into winter despite hopes for a new vaccine, reports Reuters.With just 10% of the world's population, Europe accounts...

A bicycle rider squeezes

Risking his life, a bicycle rider squeezes through a small space between two buses in Farmgate area of the city on Wednesday — FE photo by KAZ Sumon

Launch mobile court drives in unauthorised hospitals, clinics

The Directorate General of Health Services (DGHS) has instructed the department directors (health) and civil surgeons across the country to conduct mobile court drives in hospitals and clinics which are unauthorised, unregistered and being operated without following any guidelines or providing low quality service in their districts.DGHS Director (hospitals and...

Shoeb Chowdhury gets bail in two cases after surrendering

A Dhaka Court on Wednesday granted bail to Shoeb Chowdhury, chairman of the editorial board of The Asian Age, in two cases filed by Exim Bank and NASSA Group after he had surrendered in the court. Judge of the Metropolitan Magistrate Court of Dhaka, Atiqul Islam, passed the order after...

Govt to inspect all pvt hospitals, diagnostic centres: DGHS

The government will begin inspection of all private hospitals and diagnostic centres across the country this month after collecting their lists from divisional directors, reports UNB. "All the authorised and unauthorised private hospitals and diagnostic centres will be inspected by the government authorities," said Prof Dr Abul Bashar Mohammad Khurshid...

Russia says its Sputnik V vaccine 92pc effective

Russia's Sputnik V vaccine is 92% effective at protecting people from COVID-19 according to interim trial results, the country's sovereign wealth fund said on Wednesday, as Moscow rushes to keep pace with Western drugmakers in the race for a shot, reports Reuters.The initial results are only the second to be...

SC stays HC order allowing lawyer to practise without certificate

The Appellate Division of the Supreme Court (SC) today stayed a High Court order that allowed a lawyer to practice in court without any enrollment certificate, reports BSS."Operation of the judgment and order dated November 8 passed by the High Court is stayed till filing of the leave petition," said...