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

Rohingya, polls issues likely to top Hasina-Modi agenda today

Issues like Rohingya and political environment in the country ahead of the next general election are likely to dominate the bilateral meeting between Prime Minister Sheikh Hasina and her Indian counterpart Narendra Modi today (Friday).Sheikh Hasina is scheduled to leave for Indian state of West Bengal this morning on a...

Backlog of cases as govt yet to form appeal courts

The number of cases pending with land survey tribunals continues to climb mainly due to an inordinate delay in disposing of such disputes, much to the chagrin of litigants.According to the quarterly data of Bangladesh Supreme Court, as many as 280,419 cases remained pending with the tribunals across the country...

Move to ease condensate allocation to pvt refiners

The government has planned to formulate a fresh policy to 'rationalise' the distribution of condensate to private petrochemical refineries.The idea is to quell the refiners' grievance over limiting supply.The Energy and Mineral Resources Division under the Ministry of Power, Energy and Mineral Resources has already initiated work on drafting the...

Parliamentary body wants quick cargo delivery at airport

A parliamentary watchdog recommended Wednesday that legal measures be taken against the companies who will fail to take delivery of their goods on time.The parliamentary standing committee on the ministry of civil aviation and tourism suggested reducing the time for auction of the goods piled up in the cargo shed.The...

ACC starts probe into assets of drug dealers

The Anti-Corruption Commission (ACC) has started investigation to find out the illegal assets of the alleged patrons of narcotics and drug dealers and peddlers. The commission is now working on a list of around 350 so-called 'god fathers' of drugs and narcotics. These 'god fathers' are known as main sponsors...

A man getting into a bus with a cylinder exposing

A man getting into a bus with a cylinder exposing the other passengers risks in front of the National Press Club in the city on Thursday — FE photo by KAZ Sumon

Banks spend only 0.25pc of operating cost for HRD

The commercial banks in Bangladesh spend only 0.25 per cent of their total operating cost for human resources development (HRD) although employees are the main driver of their profit making, a study showed.The banks' spending for training and development of human resources has declined by 50 per cent to 0.25...

Refer Myanmar to ICC, says UK parliamentary body

It is time to get tough on Aung San Suu Kyi and refer Myanmar to the International Criminal Court, says a parliamentary committee of the United Kingdom (UK).The International Development Committee of UK parliament calls for "a decisive shift" in Britain's relations with Myanmar, said the influential London-based weekly The...

New timing for CNG stations

The government has rescheduled the closing hours of CNG (compressed natural gas) filling stations. The refuelling stations will remain closed for six hours from 3:00-9:00 pm daily during the ongoing Ramadan to increase electricity generation.State-run Petrobangla issued a circular Thursday night reversing its previous decision of keeping the CNG filling...

Nine years on, Aila victims yet to be rehabilitated

SATKHIRA, May 24 (UNB): Although nine years have elapsed since the deadly cyclone, Aila, hit the country's southwestern region, thousands of people in the affected areas were yet to be rehabilitated.Survivors continue to struggle for food, habitation and safe drinking water, and fight with river erosion and unemployment.As Aila made...

Workers of a garment factory blocking

Workers of a garment factory blocking the Narayanganj-Adamjee-Demra Road on Thursday demanding payment of wage arrears — FocusBangla