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

Perpetual protectionism leads to high local prices

Unending domestic industry protection leads to high prices of goods in the local market and consumers are made the victims, a leading economist said on Tuesday."A time-bound tariff protection can be offered to help the local industry grow. If any industry fails to thrive within the period, that can be...

Supporters of Awami League candidate Akbar Hossain Pathan

Supporters of Awami League candidate Akbar Hossain Pathan (film star Farooq) campaigning at Gulshan 1 in the city on Tuesday ahead of the December 30 general election — FE photo

Climate change displaces 95.7pc internally: Study

International migration from climate change-affected areas in Bangladesh is far below than that of the internal migration, according to a new study.It said only 4.30 per cent of the respondents from different climate change-affected areas migrated internationally while 95.70 per cent accounted for internal migration.Due to lack of access to...

No progress after signing MoU two years back

The Bangladesh Railway (BR) finds it difficult to go ahead with the memorandum of understanding (MoU) it signed with a British company two years back for establishing Dhaka-Payra port rail link.Sources said the BR signed the MoU with the DP Rail of Britain on December 20, 2016 to develop a...

India clears guideline on BD power import from Bhutan, Nepal

Bangladesh will be able to import power from the neighbouring countries via India as the Indian government has approved the 'Guidelines for Import/Export (Cross Border) of Electricity- 2018' which was published on December 18, reports UNB.According to section 3.1 of the guideline of 'Cross-border Trade of Electricity', the cross-border transaction...

RAB nab three with Tk 85m in cash

Rapid Action Battalion (RAB) caught three people red-handed with Tk 85 million in cash from Motijheel in the city on Tuesday for their alleged involvement in distributing the money to 'manipulate' the election.The arrested were identified as managing director of United Corporation Ali Haider, its office manager Alamgir Hossain and...

Unrest at Mirpur as RMG workers demand dues

Hundreds of garment workers took to the streets in the capital's Mirpur area on Tuesday after one of their fellows was assaulted by a mid-level officer.The agitation followed the attack as workers demanded their outstanding wages and overtime for November.They were demonstrating inside a factory of 'Confidence' demanding their dues,...

India's longest bridge opens in Assam

Indian Prime Minister Narendra Modi has inaugurated the Bogibeel Bridge, India's longest rail-road bridge, on the birth anniversary of the late Atal Bihari Vajpayee -- December 25 -- observed as "Good Governance Day" by the Centre, according o a report published on /www.indiatoday.in.The bridge connects the south bank of the...

Children smiling with delight as Santa Claus appeared

Children smiling with delight as Santa Claus appeared among them on the occasion of Christmas at a local hotel on Tuesday — FE photo