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Auditors need to sit more with banks, FIs' high-ups

Auditors need to sit with the people involved with governance in banks and other financial institutions (FIs) regularly to overcome challenges for proper implementation of new auditor's report, experts said on Saturday.They also drew attention to changes in the existing approach through starting auditing weeks before a year ends to...

PM urges BNP MPs-elect to join parliament

Prime Minister Sheikh Hasina urged on Saturday the MPs-elect of BNP to join Parliament for the sake of democracy and to utilise the scope for their return to constructive politics, reports UNB."BNP should join Parliament for the sake of democracy accepting its defeat in the election," she said.The Prime Minister...

BNP should leave Jamaat out, says Dr Kamal

FE Report Gano Forum president and convener of Jatiya Oikyafront Dr Kamal Hossain suggested on Saturday that BNP do politics sans Jamaat for the sake of national unity. "I never do politics with Jamaat. I will not do that in future. BNP should leave Jamaat out for the sake of...

Living cost in Dhaka rises by 6.0pc in 2018: CAB

Bangladeshi consumers had to pay additional Tk 1.14 trillion in last fiscal year (FY'18) due to high tariffs on imports, the Consumers Association of Bangladesh (CAB) said on Saturday.It said the country's import tariff on an average was 25.64 per cent which was the highest in South and Southeast Asia.This...

Hundreds of trucks stranded at Horina ferry terminal

CHANDPUR, Jan 12 (UNB): About 400 goods-laden trucks have been stranded at the Horina ferry terminal since January 10 because of a shortage of vessels.Many of these trucks are carrying perishables goods. The vehicles, mostly from Chattogram and Cumilla, are bound for places like Khulna, Faridpur, Shariatpur, Patuakhali, Benapole, and...

German envoy for peaceful way to resolve RMG issues

German Ambassador in Bangladesh Peter Fahrenholtz has laid emphasis on finding a peaceful way to resolve the issues related to RMG sector in Bangladesh, reports UNB."There must be a peaceful mechanism to resolve these issues," the Ambassador tweeted on Saturday when readymade garment (RMG) workers demonstrated for a sixth consecutive...

Lower demand prompts govt to go for cut in foreign aid allocation

The government is likely to slash foreign aid allocation in the revised development budget as most of the ministries and agencies sought lower funds, officials said on Saturday.The lower fund demands came at a meeting at the Economic Relations Division (ERD) last week.The meeting is supposed to revise the Tk...

A crane being used for removing a damaged truck, that went out of order, from the railway

A crane being used for removing a damaged truck, that went out of order, from the railway track at Maghbazar in the city on Saturday — FE photo