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

Regulator revises margin loan ratio

The Bangladesh Securities and Exchange Commission (BSEC) on Monday issued an order revising the margin loan ratio.As per the revised ratio, margin loan will be distributed at a ratio of 1:1 if the broad index exists up to the 4,000 mark.The margin loan ratio will be 1:0.75 if the DSE...

HC rules over release of 83 returnees from Vietnam, Qatar

The High Court on Monday issued a rule over the release of 83 Bangladeshis who had been sent to jail after returning from abroad during the coronavirus pandemic. In the rule the High Court wanted to know from the respondents to explain as to why they should not be directed...

Antigen-based rapid testing allowed in BD

Bangladesh has finally allowed antigen-based rapid testing at government healthcare facilities, according to a health ministry circular.The development came following repeated calls from health experts, including the national technical advisory committee on Covid-19, for such testing.Antigen-based rapid testing will be made in parallel with the tests being done at RT-PCR...

Dealers can open LCs on 90-day deferred basis

The Bangladesh Bank (BB) on Monday said the authorised dealers can open letters of credit (LCs) for import of onion on 90 days deferred basis under supplier's credit terms.This means importers need not make any advance payment to banks for opening LCs. The order will remain effective until December 31.The...

Govt sends monitoring teams to seven dists, three ports

The government has sent six teams to seven districts and three land-ports of the country to monitor the price of onion, its stock, supply, import and production there, officials said.The Ministry of Commerce (MoC) has sought help of deputy commissioners (DCs) and Superintendents of Police (SPs) to take all necessary...

World Car-free Day today

World Car-free Day is being observed in Bangladesh and other countries today (Tuesday), although measures are inadequate to make alternatives for commuters here.Every year, the international event encourages motorists to give up their cars for a day.This year's theme 'Back to walking and cycling for liveable cities' aims to sensitise...

Several global banks moved illicit funds, indicate BuzzFeed, ICIJ

Several global banks moved large sums of allegedly illicit funds over a period of nearly two decades, despite red flags about the origins of the money, BuzzFeed and other media reported on Sunday, citing confidential documents submitted by banks to the U.S. government, reports Reuters.The media reports were based on...

US cases cross 7 million, deaths surpass 200,000

The death toll from the Covid 19 in the United States surpassed milestone of 200,000 while the infections crossed 7.0 million on Monday, report agencies. More than 31.27 million people have been reported to be infected by the novel coronavirus globally and 965,635 have died, according to Worldometers tally. Infections...

A man buys fruits from a street vendor

A man buys fruits from a street vendor on the Dhaka University campus on Monday. The demand for fruits has increased nowadays amid the coronvirus outbreak as eating fruits boosts the immune system and it could help fight off infections — FE photo by KAZ Sumon

Unauthorised battery-run rickshaws

The traffic police seized a number of unauthorised battery-run rickshaws in Dayaganj area of the city on Monday — FE photo

World' richest account for half of carbon emissions in 25 years

The richest one per cent of the world's population are responsible for more than twice as much carbon pollution as the poorest half of the world, according to a new study.The study assessed the consumption emissions of different income groups in 25 years -- between 1990 and 2015 -- when...

Nur nabbed by police in rape case

Ex-DUCSU vice president (VP) Nurul Haque Nur was nabbed by the police from the city's Matsya Bhaban area at around 8:30pm Monday, private TV channels and online news portals reported.He was taken to DB office by the time of our going to press at 9:45 pm, it was learnt. Earlier...