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

Development at the cost of environment not 'sustainable'

Speakers at a seminar on Thursday said big projects and construction of infrastructure do not mean development, if development is not sustainable due to destruction of forests, rivers and environment.Calling this type of development as man-made disasters, they said the poor people will be affected most in such a case....

Local firms to upgrade small bridges in western zone

Roads and Highways Department (RHD) signed contracts with two local companies on Thursday for making the existing small bridges in the country's western zone suitable for the planned four-lane road network.Officials said the Tk 4.28 billion job is a part of the government's mission for upgrading all the small bridges...

Govt bags bountiful taxes at fiscal year's beginning

Government's tax-revenue collection saw a 27.05 per cent growth in the first month of this fiscal largely for a surge in imports and steady growth in exports. Officials said domestic value-added tax (VAT) and customs duties contributed largely to the July tax-revenue growth surpassing the set target. Customs department pulled...

A change in the baton?

Emmanuel Macron learns fast. From relative obscurity to heading the French government, Macron was given a pat-down by the all-powerful German Finance Minister for having had the temerity to suggest France wouldn't necessarily accept German leadership in European Community matters. How the tables turn! The same Finance Minister is no...

Locals find bodies of 14 Rohingya at Ukhia

CHITTAGONG, Sept 28: As many as 14 bodies of Rohingya women and children were recovered from Inani beach area under Ukhia upazila of Cox's Bazar on Thursday.The bodies were found on the beach near Marine Drive road, according to the Ukhia police station sources. It was assumed that all of...

Rice prices slip in India, Thailand, large exporters woo Bangladesh

Bangladesh, which has emerged as a major importer this year to try to shore up stocks in the country, is looking to buy more rice in government-to-government deals to combat high domestic prices, reports Reuters quoting a food ministry official.Rice prices dipped this week in the Asian hubs of India...

ACC chief hints at filing more cases

The Anti-Corruption Commission (ACC) Chairman Iqbal Mahmood on Thursday dropped a hint about filing more cases over the BASIC Bank loan scam."Some 54 cases have already been lodged over the BASIC Bank loan scam and more cases might be filed in this connection," he said while speaking at a view-exchange...

Trump admin defends new refugee cap of 45,000

WASHINGTON, Sept 28 (AP): The Trump administration defended its decision Wednesday to sharply curtail the number of refugees allowed into the United States to 45,000 next year, even as global humanitarian groups decried the move and called the number far too low.The 45,000 cap, to be formally announced by President...

Indiscriminate dumping of garbage

Indiscriminate dumping of garbage into the Ramchandrapur Canal in the capital chokes the water-body. The resultant waterlogging is a regular phenomenon. The photo was taken from Nobodoy Housing area on Thursday. — FE Photo