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

Manipulators warned of stern action, heavy penalties

Amid warning of stern actions against the ongoing anarchic situation on the edible-oil market, refiners on Sunday assured bringing normalcy soon.Yet, the consumers would have to go through the ongoing bitter experience for at least one and a half weeks.Shifting blame to stockpiling by 'certain traders', refiners in a statement...

BRTA’s order on meter-based fares of CNG auto-rickshaws withdrawn

In the face of protests by CNG-run auto-rickshaw drivers, Bangladesh Road Transport Authority (BRTA) on Sunday withdrew its order to enforce meter-based fares or realise fines or award jail terms for overcharging passengers. The government withdrew the directive after six days of its issuance.Drivers of the compressed natural gas (CNG)-powered...

Service charges decrease to 5.0pc from 9.0pc

The government has reduced the service charges on the import of high-sulfur fuel oil (HFO), also known as furnace oil, to 5.0 per cent from previous 9.0 per cent to lower the electricity generation costs.State-run Bangladesh Power Development Board (BPDB) sent letters to all 48 privately-owned power companies, who have...

HC issues rule on unused mobile data and minutes carryover

The High Court on Sunday issued a rule upon the respondents to explain why they should not be directed to include the unused mobile internet data, talk time and SMSs in the next packages purchased by the users. The respondents including the Posts and Telecommunications secretary and the chairman of...

Police use force to disperse protesters at Secretariat

Police on Sunday used force to disperse the protesting primary-schoolteacher candidates as they tried to take position in front of the Secretariat in the city, causing traffic chaos.The job seekers continued their protest demanding immediate appointment for the 11th day. Before going to join a march towards the Secretariat, they...

Death toll in Ashulia incident rises to two

Another victim who suffered burn injuries in a gas cylinder blast in Savar died while undergoing treatment at a Dhaka hospital on Sunday, raising the death toll to two, reports UNB.The deceased was identified as Sumon, 32.DR Shawon Bin Rahman, resident surgeon at the National Institute of Burn and Plastic...

Operation Devil Hunt: 389 more arrested

The joint forces have arrested 389 people across the country under 'Operation Devil Hunt' in the last 24 hours until Sunday afternoon, according to the police headquarters, reports UNB.This brings the total number of arrests under the operation to 4,790, it said.Some 751 of the arrests were in connection with...

Halda becoming hazardous for fishes

CHATTOGRAM, Feb 16: The death of dolphins in the Halda River, a part of the national heritage, continues unchecked, as the number of dead dolphins has increased to 45 this year. A dead dolphin was recovered from the Kagatia Canal linked to the Halda River in West Guzra Union of...

Wheat unloaded at Mongla Port for the first time

For the first time, a consignment of wheat imported from Argentina has been unloaded at Mongla, the country's second-largest seaport, reports UNB.According to Abdus Sobhan Sardar, Assistant Controller of the Mongla Food Controller Office, the vessel carrying 50,200 tonnes of wheat had initially docked at Chittagong Port.There, 30,120 tonnes of...

UK govt backs steel industry amid tariff threat

LONDON, Feb 16 (AFP): The UK government on Sunday announced a multi-billion-pound plan to protect Britain's steel industry, as it faces looming US trade tariffs.Prime Minister Keir Starmer's Labour administration said it was stumping up to o2.5 billion ($3.2 billion) to help support the sector.It also launched a consultation looking...