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

Returnee female migrant workers face wage fraud

A significant number of returnee female migrant workers, especially those from the Middle-East (ME) countries, became victims of wage theft, as they failed to bring home their dues from employers during the Covid-19 pandemic.Besides, many of them were forced to return home because of increased workload and exploitation following impact...

Italy won't lift bar on BD expats' entry now

Italy government has not agreed to the request for withdrawing restrictions on entry of Bangladeshi expatriates to that country until December 31.Foreign Minister Dr A K Abdul Momen said this on Monday.Responding to a question of the FE correspondent, the minister said the ministry communicated at different levels in this...

Virus cuts bike reg sharply

The registration of motorcycles has marked a drastic fall in the country in the last eight months of this year compared to that of 2019 due to the Covid-19 pandemic.According to the Bangladesh Road Transport Authority (BRTA) data, 179,140 motorcycles were registered in the country between January and August 2020...

Potato prices go up by Tk 10 per kg

The prices of potato have increased to Tk 50-55 per kilogram in the city kitchen markets, hitting the consumers' pockets.Diamond and cardinal varieties of stored potato were sold at Tk 50 a kg while 'carriage' variety at Tk 55 a kg on Monday in the city kitchen markets and groceries.The...

Ban on Hilsha catching, sale starts tomorrow

The government has imposed a 22-day ban on catching, sale, marketing, preservation and transportation of Hilsha fish. The ban will come into effect from tomorrow (Wednesday), and will continue until November 4, considering the vital breeding season of Hilsha fish. Fisheries and Livestock Minister S M Rezaul Karim revealed it...

Traders accuse tax officials of harassment

The country's gold traders have alleged that they often face questions by tax officials on the gold they legalised through paying tax.Some VAT officials are seeking previous account details of the gold, although the jewellers have whitened the precious metal availing a government facility.Some 17,000 jewellers legalised an estimated 1.8-million...

Papia, husband jailed for 20 yrs in arms case

A Dhaka tribunal has sentenced Shamima Noor Papia, an expelled leader of Jubo Mohila League, and her husband Mofizur Rahman alias Sumon Chowdhury to 20 years in jail for the illegal possession of firearms, reports bdnews24.com.Judge KM Imrul Kayes of Dhaka Metropolitan Special Tribunal-1 issued the verdict in the arms...

Although the rain brought some respite from the scorching heat, it also caused waterlogging in some parts of the city

Although the rain brought some respite from the scorching heat, it also caused waterlogging in some parts of the city as is seen in this photo taken in Green Road area on Monday — FE photo

ISPAB, COAB threaten to suspend internet services from Oct 18

Internet Service Providers Association of Bangladesh (ISPAB) and Cable Operators Association of Bangladesh (COAB) on Monday threatened to suspend internet services for "three hours" every day from October 18 protesting unplanned and unilateral removal of overhead cables on utility poles in Dhaka South City Corporation areas.Placing a five-point demand, ISPAB...

HC orders to adjust 'fake' power bills

The High Court on Monday directed the six power distribution bodies of the government to adjust the 'fake' electric bills prepared for the month of February to June this year with the new bills based on actual meter reading for each consumer. The six bodies are Bangladesh Power Development Board,...

Global Covid cases nearing 37.9m

The overall number of global coronavirus cases was nearing the 37.9 million mark, while the deaths have soared to more than 1,080,000, according to the worldometer tally.As of Monday night, the total number of cases stood at 37,889,262 and the fatalities increased to 1,083,144, according to the latest update.The US...