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

$2.0b ADB funding likely to build four-lane route

The Asian Development Bank (ADB) is likely to provide US$ 2.0 billion worth of loan for widening Dhaka-Sylhet highway into four-lane, aimed at making the road suitable for regional connectivity as well as cross-border and regional trade, officials said on Wednesday.The Roads and Highways Department (RHD) is working on preparing...

Container handling at Ctg port goes up

Export-import trade through the Chittagong port is showing a positive trend this month compared to last month, despite fear of the second wave of Covid-19 pandemic.Until November 15, some 31,844 TEUs (twenty-foot equivalent units) of containers were shipped through the country's prime seaport, up from 28,853 TEUs in the same...

BBA moves to raise toll

The Bangladesh Bridges Authority (BBA) has initiated to increase toll of two major bridges by 20 to 100 per cent depending on the categories of vehicles.One is Bangabandhu Multipurpose Bridge and the other is Bangladesh-China Friendship Bridge, popularly known as Mukterpur bridge.The BBA increased the toll of Bangabandhu Bridge by...

Global daily Covid deaths cross 10,800

The number of reported global daily deaths from the coronavirus stood at 10,816 on Tuesday, according to a Reuters tally, the highest single-day death count as the virus's global epicentre the United States entered winter, reports Reuters.The previous record of global daily deaths was 10,733, registered on Nov 4, according...

Shut business centres, shops by 8:00pm: Mayor

Mayor of Dhaka South City Corporation (DSCC) Sheikh Fazle Noor Taposh on Wednesday called on businessmen to shut their business centres and shops by 8:00pm daily."We want to bring this city under a proper management. We want to close our business centres and shops by eight in the evening as...

NZ introduces hijab for police

New Zealand Police have introduced a hijab into their official uniform to encourage more Muslim women to join the ranks, report agencies.New recruit Constable Zeena Ali will become the first officer to wear the official hijab.

Cumilla zone gets 99pc VAT returns online in Oct

Some 99.41 per cent businesses under the Cumilla Customs, Excise and VAT Commissionarate have submitted VAT returns online in October.The VAT zone has won the first position for the third time on submission of online VAT returns, said a press release on Wednesday.Some 8,311 Business Identification Number (BIN) holders out...

Sinovac's vaccine induces quick immune response

Sinovac Biotech's experimental Covid-19 vaccine CoronaVac triggered a quick immune response but the level of antibodies produced was lower than in people who had recovered from the disease, preliminary trial results showed on Wednesday, reports Reuters.While the early to mid-stage trials were not designed to assess the efficacy of CoronaVac,...

Govt to fix fees of pvt sector hospitals, clinics

Health Minister Zahid Maleque said fees for treatment and diagnosis in the private sector hospitals, clinics and diagnostic centres will be fixed by the government as per their categories. The Ministry of Health and Family Welfare will form a high-powered committee in this regard within a short period. Next measures...

Call for disaster-resilient RMG supply chain

Speakers on Wednesday laid emphasis on disaster-resilient RMG supply chain for sustainable development.Sharing the study findings, they suggested developing a strategy for a disaster-resilient supply chain, adopting riverine route as an alternative, developing the affiliated structure and facilities along the Dhaka-Chittagong corridor to carry RMG product efficiently. The study also...

Power supply yet to resume fully in Sylhet

Power supply in most parts of Sylhet city and its adjoining areas is yet to resume until Wednesday evening after Tuesday's fire at Kumargaon substation, thus hampering economic activity.A portion of the city, however, got electricity supply around 5:45 pm, said Bangladesh Power Development Board (BPDB) director (public relations) Saiful...

Ministry alerts overseas job seekers

Expatriates' welfare ministry suggested the prospective overseas jobseekers that they remain alert, as a section of middlemen have become active to allure them to send to Italy.The Ministry of Expatriates' Welfare and Overseas Employment conveyed message on Wednesday in a press statement.It has been learnt from different sources that various...