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

Six dead as bus ploughs into car in Mymensingh

At least six people died as a bus rammed into a car in Mymensingh on Saturday, reports bdnews24.com.The incident occurred on the Dhaka-Mymensingh highway in Bhaluka around 8:30 am, according to the fire service.The car was about to make a U-turn near the Bhaluka Degree College when a Dhaka-bound Imam...

No masks, no social distancing: Only one of the passengers travelling by a pick-up van wears a face mask

No masks, no social distancing: Only one of the passengers travelling by a pick-up van wears a face mask while others pay no heed to health safety requirements, although Covid-19 infections keep spreading every day. The photo was taken near Chandrima Udyan in the city on Saturday — FE photo...

Big opportunity beckons local MMF segment

The US buyers are shifting their apparel sourcing base from China, offering an opportunity for the countries like Bangladesh to further develop their apparel industry especially in the manmade fibre (MMF) segment, industry people said. The potentials have also been hinted by a recent US study titled '2020 Fashion Industry...

Brahmaputra water level falls, Ganges steady

The water level of the Brahmaputra River receded on Saturday due to dwindling onrush of hilly water from the upstream, while the Ganges basin remained stable, reports BSS.The Brahmaputra-Jamuna river system was witnessing the downward trend, which might continue in the next 48 hours, the Flood Forecasting and Warning Centre...

Trade suffers in waterlogged biz hubs in Ctg

CHATTOGRAM, Aug 22: Wholesale traders and importers of essentials in commodity hubs Khatunganj and Chaktai suffered heavy losses as their stocks got damaged due to waterlogging.The port city's business pivots went under water following heavy rain for the past several days.Sources said heavy downpour has disrupted the normal life in...

Fund crunch hits hospitality industry

Hoteliers have been trying to reopen their establishments on a limited scale across the country by following health guidelines except for Dhaka as these are mostly dependent on foreign business and corporate travellers.According to experts, the hospitality industry is in the grip of unprecedented financial crises and uncertainty of quick...

BD needs nat'l web platform Admits minister

The worldwide disruption to Google services, especially Gmail outage, on Thursday exposed the vulnerability of clients and nations to any accident or possible monopolistic practice by tech giants.Telecoms and ICT minister Mustafa Jabbar said Bangladesh should explore other platforms to rid it of excessive reliance and safeguard national interests.It should...

Global cases surpass 23m, fatalities top 0.8m

The novel coronavirus has infected over 23.14 million people across the world since the first case in December 2019, while the death toll reached 803, 803 on Saturday, according to the worldometer. The World Health Organisation (WHO) said it was possible to "get rid of the coronavirus" in "less than...

Malaysia deports BD worker Rayhan

Malaysia has deported a Bangladeshi worker who criticised the government's treatment of migrants in a documentary made by broadcaster Al Jazeera, the country's director general of immigration confirmed on Saturday, reports Reuters.Mohammad Rayhan Kabir was deported to Bangladesh late on Friday, Khairul Dzaimee Daud told the news agency. He did...