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

Livelihoods shattered, lives of low-income people hang in the balance

"My savings have depleted. If curfew goes on for more days, my family will have to starve."Eyes of 48-year-old Amena Khatun welled up as she approached one of the FE correspondents, pleading for a job, any kind of job. She and her husband run a roadside tea stall near Akram...

Power sector suffers Tk 10b losses

Losses the power sector suffered during the countrywide turmoil over the past one week are estimated at around Tk 10 billion, State Minister for Power, Energy and Mineral Resources Nasrul Hamid said on Monday.Miscreants belonging to BNP and Jamaat carried out vandalism and made arson attacks on different power offices...

Two bodies formed to assess damage, security lapse

The government has constituted two separate committees to survey the damage as well as security lapse following violent attacks on government offices, including two metro stations, BRTA and Setu Bhaban.The attacks were made on Thursday and Friday.Sources said the Road Transport and Highways Division under the Ministry of Road Transport...

Egg price hits record high at Tk 180-190 a dozen

Farm egg prices hit an all-time high at Tk 180-190 a dozen on Sunday night, which traders attributed to supply crunch amid the ongoing curfew. Prices of some vegetables also witnessed a further hike by Tk 5-10 a kg on Monday while others remained steady at their previous highs. Farm...

ADB review of $13b projects postponed

The Asian Development Bank (ADB)'s review of nearly US$13 billion- funded projects in Bangladesh has been postponed due to the country-wide deadly student protests against the quota system in government jobs, officials said on Monday.The review meeting will be held after normalisation of the country's present situation, a senior official...

616 arrested so far in 30 cases over violence

Police have arrested a total of 616 people so far in more than 30 cases filed with different police stations in the capital in connection with the violence during the student movement over job quota reinstatement in government service.Dhaka Metropolitan Police (DMP) Commissioner Md Habibur Rahman said this while addressing...

Traffic comes out on streets

Traffic comes out on streets in the capital's Mohakhali area as the ongoing curfew was relaxed for two hours from 3:00 pm on Monday. — FE Photo by Asad-Uz-Zaman

Internet outage hindering electricity tariff payment

People in Rajshahi, Cox's Bazar, Sylhet, Chandpur and Khulna districts as elsewhere across the county are in a great fix as they cannot recharge their electricity prepaid meters due to closure of the internet system and banks. The power subscribers cannot recharge the RP paid meter cards even after waiting...

FIFA Women's Int'l matches: BD to face Bhutan tomorrow

The Current SAFF Women's champions Bangladesh Football team arrived in Thimphu on Monday to play two FIFA Women's International Football (Tier-1) matches against the hosts Bhutan, reports UNB.Bangladesh will play their first match of the two-match series on July 24 and the 2nd and last match on July 27, both...

Workers hit hard as bus, launch operation halted

The countrywide deadlock due to the ongoing curfew and eventual halt to operation of buses and launches for the last six days have kept the drivers and other related workers financial crippled, barring the way for maintenance of their families.In Chandpur, due to the curfew-induced shutdown, sufferings of the bus...