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

War hero CR Dutta passes away at 93

Bangladesh war hero Chitta Ranjan Dutta, popularly known as CR Dutta, has died in a Florida hospital at the age of 93, his family said, reports bdnews24.com.Dutta, a sector commander of the 1971 Liberation War, fell at his daughter's Florida home three days ago. He was taken to Bethesda Hospital...

ECNEC nod for DPDC project, four others

The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved a Tk 14.54 billion project to upgrade the power distribution system of the Dhaka Power Distribution Company Limited (DPDC). At a meeting presided over by Prime Minister Sheikh Hasina, the ECNEC also approved four other projects. The meeting...

Pandemic slows worldwide except for regions: WHO

The Covid-19 pandemic is still expanding, but the rise in cases and deaths has slowed globally, except for south Asia and the eastern Mediterranean regions, the World Health Organization (WHO) said, report agencies.In its latest epidemiological update, issued on Monday night, it said that the Americas remains the hardest-hit region,...

Veg prices shoot up further

Vegetables prices, which had witnessed a series of hikes in the last couple of months, increased further in the city last week amid the ongoing flood that caused severe damage to crops in many producing hubs.Prices of most of the vegetables soared by 50-80 per cent in the past week...

Petrobangla inks loan deal with HSBC to pay LNG import bills

State-run Petrobangla inked a deal with Hong Kong and Shanghai Banking Corporation Limited, or HSBC, on Tuesday to ensure payment of bills for imported LNG, or liquefied natural gas, in due time.The deal with the HSBC is titled 'Clean Import Loan, or CIL, in United States Dollar, or USD.'Petrobangla Chairman...

NBR launches EFDs to contain VAT evasion

The National Board of Revenue (NBR) introduced on Tuesday the long-awaited electric fiscal devices (EFDs) on a pilot basis to check VAT evasion in businesses.NBR chairman Abu Hena Md Rahmatul Muneem inaugurated a pilot programme of the device on the NBR premises.In the first phase, the revenue board will install...

Move underway to review wage structure of 11 industrial sectors

The government has initiated a move to review the wages of 11 industrial sectors as more than five years have already passed since minimum monthly wages of these sectors were revised last, officials said.The sectors included type foundry, petrol pumps, salt crushing, jute press and baling, cold storage, match industry,...

‘Disparity, lack of clarity key bars’

Lack of clarity, coordination among agencies concerned, political bias in selecting beneficiaries for flood relief and insufficient relief are key challenges in distributing relief in fighting flood and COVID-19.This disclosure was made in an initial evaluation paper of relief programme conducted by the Centre for Policy Dialogue (CPD).The paper 'Effectiveness...

Plea seeks HC's interference over 'mystery girl'

An application was placed before the High Court on Tuesday seeking its interference over the incident of a teenage girl who was said to have been murdered but rescued alive on Monday last, 51 days after she went missing from Bandar upazila of Narayanganj.The application has questioned the accuracy, legitimacy...

Task force fines hospital Tk 3.0m

Dr Sirajul Islam Medical College Hospital has been fined Tk 3.0 million for misdeeds like the availability of expired surgical stuff and reagent there.A joint task force, led by Rapid Action Battalion (RAB), slapped the financial penalty on Tuesday afternoon. As part of an ongoing crackdown on errant private healthcare...

College admission results

The government has chosen more than 1.27 million students for admission to class 11 in colleges in the first phase, reports bdnews24.com.It made the results available on the college admission website (http://www.xiclassadmission.gov.bd/) on Tuesday night.The students can check the results by typing their roll and registration numbers on the website.The...

Some people are waiting

Some people are waiting at the Mugda General Hospital in the city on Tuesday for coronavirus testing — FE Photo

A modern dustbin set

A modern dustbin set up at Hatir Jheel on its Gulshan side in the city got damaged as is seen in this photo on Tuesday. Many such dustbins are rusting in the absence of maintenance — FE Photo by KAZ Sumon