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

Urbanites helping fitness industry prosper

Fitness industry is thriving in the country propelled by urbanites who seek to fight their sedentary lifestyle through exercises. Between 2011 and now, the number of fitness clubs in major cities trebled to around 500, according to people involved in the country's wellness industry.Bangladesh is one of the fastest-urbanising nations...

BD a connectivity hub between S Asia and SE Asia: Thai PM

Thai Prime Minister Prayut Chan-o-chaon on Thursday termed Bangladesh a 'gateway and connectivity hub' between South Asia and South East Asia and offered to establish coastal shipping connectivity between Thailand's Ranong Port and Bangladesh's Chittagong Port, reports UNB.He proposed that Bangladesh's 'Look East Policy' and Thailand's 'Look West Policy' may...

Fishing ban drives up fish prices

Prices of fish and some vegetables further increased last week much to the displeasure of consumers.Onion prices, however, declined slightly, according to traders.Prices of most varieties of fish, especially hilsa, shrimp, tengra, shoul, pabda, riverine rui and katla, showed a Tk 60-Tk 100 hike a kg or piece in a...

Why Hawking never won a Nobel Prize

WASHINGTON, Mar 15: Stephen Hawking won accolades from his peers for having one of the most brilliant minds in science, but he never got a Nobel Prize because no one has yet proven his ideas, according to a report by www.ctvnews.ca.The Nobel committee looks for proof, not big ideas. Hawking...

FBCCI to sit with BB to talk liquidity deficit, lending rate

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) is planning to sit with the Bangladesh Bank (BB) to talk about some latest issues of concern, including liquidity shortfall and high lending rate.Though the schedule for the discussion has not been fixed yet, the apex trade-body leaders want to...

Water scarcity hits 40pc world people

At least 40 per cent of the world's people are affected by water scarcity at present, with as many as 700 million people at risk of being displaced by intense water scarcity by 2030, reports BSS. More than two billion people are compelled to drink unsafe water and more than...

Now BTRC eyes 5G

Bangladesh Telecommu-nication Regulatory Commission (BTRC) is now mulling over going for most advanced 5G service as soon as possible, reports BSS.BTRC introduced fourth generation (4G) mobile phone service in the country last month.The telecom regulator has started thinking about running the ground work to adopt necessary policy and preparation to...

‘Panama Papers’ law firm shuts down operations

The law firm at the heart of the "Panama Papers" global tax evasion scandal that brought down two world leaders announced Wednesday it would shut down operations, citing negative press and what it called unwarranted action by authorities, reports AFP."Reputational deterioration, the media campaign, the financial consequences and irregular actions...

Moscow vows swift response to UK expulsions

Moscow has vowed there will be a swift response to the expulsion of 23 of its diplomats by Britain, reports BBC.President Vladimir Putin would make a final decision and "won't take long" to respond, his spokesman said.The UK took its action after Moscow refused to explain how a Russian-made nerve...

A microbus lying on its side after rolling over when its tyre burst

A microbus lying on its side after rolling over when its tyre burst at the Airport Road in the city on Thursday — bdnews24.com photo