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

Pay spl attention to children staying at home: Hasina

Prime Minister Sheikh Hasina has called on parents to pay special attention to children so that they can continue to their learning at home while schools and educational institutions remain closed amid the coronavirus pandemic, reports bdnews24.com.Hasina made the call while speaking at an event marking the 57th birth anniversary...

'Slow legal system' impedes FDI

A weak and slow legal system along with the lack of enforcement of regulations in Bangladesh is a major impediment to foreign direct investment (FDI), according to anew United States government report.The US Department of State's "2020 Investment Climate Statements: Bangladesh" said, "Some investors cited government laws, regulations, and the...

Yields on 91-day T-bills lowest in 10 yrs

The yields on 91-Day Treasury Bills (T-bills) fell below 1.0 per cent on Sunday after more than one decade as banks preferred to invest their excess funds in the government securities.The cut off yields, generally known as interest rate, on 91-day T-bills came down to 0.94 per cent on the...

FFs' monthly honorarium to be raised to Tk 20,000

The monthly honorarium for a freedom fighter is going to be raised to Tk 20,000 from Tk 12,000 in the current fiscal year as a proposal in this regard has recently been sent to the Finance Ministry, reports UNB. This was disclosed at the 14th meeting of the parliamentary standing...

Raihan's body had 111 injury marks: Autopsy report

SYLHET, Oct 18 (UNB): Raihan, who was beaten to death in police custody at the Bandar Bazar police outpost, had 111 injury marks and two of his nails were pulled off, according to the autopsy report. His stomach was empty and there was only acidity liquid. He had severe internal...

ISPs withdraw decision on internet shutdown

Internet service providers and cable operators on Sunday came to an agreement with Dhaka South City Corporation (DSCC) on the row over removal of overhead cables.Internet Service Providers Association of Bangladesh (ISPAB) and Cable Operators Association of Bangladesh (COAB) decided not to continue internet service strike for three hours every...

Joint dist judges to hear cheque dishonour cases, says High Court

The High Court on Sunday issued directions that from now on, only the joint district and sessions judges' courts can hear the cheque dishonour cases. And an aggrieved person can file an appeal petition with the district and sessions judge's court against an order of the joint district and sessions...

Garment orders returning to China amid pandemic in South Asia

The European Union wants underwear. And China has got it covered.Upended by the coronavirus pandemic, the global textile and garment supply chain is shifting its focus back to China ahead of the busy year-end period as overseas customers have turned away from India, which is still battling an out-of-control pandemic.In...

HC rejects writ on reappointment of Dhaka Wasa MD

The High Court on Sunday rejected a writ petition that was filed challenging the legality of the process for reappointing engineer Taqsem A Khan to the post of managing director of Dhaka Water Supply and Sewerage Authority (Wasa). The High Court bench of Justice JBM Hassan and Justice Md Khairul...

SC go-ahead to air sponsored TV channel news, headlines

The Supreme Court on Sunday cleared the bar for television channels to broadcast sponsoring of TV news and headlines.The Appellate Division of the Supreme Court on Sunday stayed a High Court verdict that declared the television news and the headlines sponsored by commercial organisations as illegal and also asked the...

Covid-19 cases climb above 40.1m

The number of confirmed cases of Covid-19 worldwide climbed above 40.1 million while the global death toll hit 1,116,722 on Sunday night, according to the worldometer tally.Globally, 27,148,927 patients infected from the virus have recovered by the time.The US continues to be the worst-affected country with 8,102,142 cases and 219,157...

Line of people buying essential items

Line of people buying essential items from TCB-operated trucks at subsidised rates continues to grow longer as the price hike has hit the limited-income groups hard. The photo was taken near the National Press Club in the city on Sunday — FE photo

Dhaka ranks worst in Air Quality Index (AQI)

Dhaka, one of the most polluted cities in the world, ranked worst in the Air Quality Index (AQI) on Sunday morning, reports UNB. It had a score of 188 at 10:24am. The air was classified as 'unhealthy'. When the AQI value is between 151 and 200, everyone may begin to...