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

26 own same wealth as poorest half of world

NAIROBI, Jan 21 (Agencies): A new report from Oxfam has found 26 people now own the same wealth as the poorest half of the world, down from 43 in 2017.Published on Monday, the charity's research revealed that billionaire fortunes rose by $2.5 billion per day in 2018, increasing 12 per...

Resettle Rohingya elsewhere in the world, Bangladesh tells UN

Bangladesh on Monday made a proposal to the United Nations for resettling some of the Rohingya refugees staying in Bangladesh in different parts of the world."I have told the UNHCR that the UN secretary general might convene a meeting of the world leaders and urge them to give shelter to...

KOICA offers tech support for reducing traffic congestions

South Korea is willing to provide technical support to Bangladesh for reducing the country's urban traffic congestion.President of Korea International Cooperation Agency (KOICA) Lee Mi-kyung, who is now on her first visit to Dhaka, has expressed her organisation's interest in supporting Bangladesh for this. "KOICA is interested to help us...

ACC finds 40pc docs absent at 11 hospitals

The Anti-Corruption Commission has found evidence that 40 per cent of the doctors supposed to work at 11 hospitals in eight districts, including Dhaka, were absent during their shift, reports bdnews24.com.According to the ACC, 11 per cent of the doctors were absent from three hospitals in Dhaka, but 62 per...

BTRC to launch mobile phone handset database

The telecom regulator is launching a database of information on mobile phone handsets to prevent theft and illegal import, reports bdnews24.com.It will be possible to recover stolen mobile phones once the database is launched today (Tuesday), Bangladesh Telecommuni-cation Regulatory Commission spokesman Zakir Hossain Khan told the news agency on Monday.The...

Water from five cos unsafe for drinking, BSTI tells court

The Bangladesh Standards and Testing Institution (BSTI) said in a report to a court that five companies permitted to sell water in bottles and jars provide 'unhealthy and undrinkable water', reports bdnews24.com.The five brands named are Fruits and Flavous Ltd's 'Yummy Yummy', Sinha Bangladesh Trades Limited's 'Aqua Mineral', Crystal Food...

Maiden ECNEC meeting today

The new government is set to hold the first meeting of the Executive Committee of the National Economic Council (ECNEC) today (Tuesday), officials said.Planning Commission (PC) officials said Prime Minister Sheikh Hasina is expected to preside over the meeting.The ECNEC is likely to approve some eight development projects at its...

Taliban attack kills 100 cops in Afghanistan

KABUL, Jan 21 (Reuters): The Taliban killed more than 100 members of the Afghan security forces inside a military compound in central Maidan Wardak province on Monday, a senior defense official said."We have information that 126 people have been killed in the explosion inside the military training center, eight special...

IMF cuts 2019 global growth outlook

The International Monetary Fund (IMF) on January 21 cut its world economic growth forecasts for 2019 and 2020, due to weakness in Europe and some emerging markets. India's growth projection for 2019 was, however, raised by 10 basis points to 7.5 per cent, reports Money Control."India's economy is poised to...

A customer making choice of a carpet

A customer making choice of a carpet at a stall of the month-long Dhaka International Trade Fair (DITF) at Sher-e-Bangla Nagar in the city on Monday — Focus Bangla