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

Understaffed, untidy RHD longs for setup recast

Government's Roads and Highways Department (RHD) long awaits its planned restructuring through upgradation of its organogram for proper upkeep of country's underserved ways and highways.Officials said the department drafted its new organogram more than a year before with provisions for reconstructing its working area and increasing capacity in accordance with...

Bangladesh finally ushers in 4G era

Bangladesh has entered the era of 4th generation (4G) broadband cellular technology. The government formally handed over 4G licences to four mobile operators of the country through a function in the capital on Monday. Immediately after the handing over of the licences, top three mobile operators - Grameenphone, Banglalink and...

Metro rail spending meagre until December last

Only 13 per cent of Bangladesh's maiden metro rail (MRT-6) project has been implemented, in terms of spending allocation, until December last, officials said Monday.They said state-owned Dhaka Mass Transit Company Limited (DMTCL) spent Tk 28.82 billion until last year out of the total estimated cost of Tk 219.85 billion...

JS passes bill fixing tenure of defence forces’ chiefs

The Jatiya Sangsad passed on Monday a bill titled 'The Defence Forces Chiefs' (appointment, salary, allowances and other benefits) Bill 2018' aimed at fixing the tenure at maximum four years for the chiefs of the country's three defence services, reports UNB.Law Minister Anisul Huq, who is in-charge of Defence Ministry...

BD making progress in graduation from LDC

UN Resident Coordinator and UNDP Resident Representative in Bangladesh Mia Seppo praised on Monday Bangladesh's progress in graduating from Least Developed Country (LDC) category. Lauding Bangladesh's support for Rohingya people, she said the United Nations (UN) will continue its support for addressing Rohingya issue.Ms Seppo gave her assurance during a...

Retaining the school dropouts

Many developing Asian economies are reportedly having a negative impact in their socio-economic development graph due to children dropping out of school. A recent Corporate Social Responsibility (CSR) report by the global logistics company DHL revealed the fact after a thorough study in several countries including Bangladesh. The report suggested...

HC for ending trial of 139 prisoners by Aug 31

The High Court (HC) ordered trial courts concerned on Monday to complete trial of 139 prisoners, who are languishing in different jails without trial for more than seven years, reports BSS.A High Court bench comprising Justice M Enayetur Rahim and Justice Shahidul Karim passed the order, asking the officials concerned...

Artist paints graffiti on a boundary wall in Central Shaheed Minar area

An artist paints graffiti on a boundary wall in the Central Shaheed Minar area in the capital on Monday ahead of International Mother Language Day to be observed tomorrow (Wednesday). — FE Photo

Speedboats ply across Padma River

Speedboats ply across Padma River regularly with passengers without lifejackets despite charging them higher fares. The photo was taken on Monday. — FE Photo

Investment approvals in two months through OSS

Both local and foreign investors can get approval for starting their business within two months after launching the One Stop Service (OSS), an initiative of the Bangladesh Investment Development Authority (BIDA), in July next, reports BSS. "The parliament has already passed the One Stop Service Bill and the implementation process...

Israel tests advanced missile defence system

JERUSALEM, Feb 19 (AP): Israel says it has successfully tested the country’s advanced missile defense system capable of defending against ballistic missile threats outside the atmosphere.The Defense Ministry says Monday’s successful mission test of the Arrow-3 interceptor is “a major milestone” in Israel’s ability to defend itself “against current and...

100pc creative questions in PEC exams from this yr

Amid criticisms over the question leaks in different public examinations, the government has decided to hold the Primary Education Completion Examination (PEC) with 100 per cent creative and competency-based questions from this year, reports UNB.The National Academy for Primary Examination (NAPE) on Sunday issued a notice in this regard. The...