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

Inflated cost of transmission line project sought by JVC

Another expensive project undertaken by the past government has thrown the state exchequer into a quandary as the cost of power-transmission line from Pyra has more than doubled, insiders said on Saturday.The massive 135-percent cost escalation of the Pyra-Gopalganj-Aminbazar 400kV double-circuit transmission- line project's 2nd phase has put further pressure...

CA leaves NY for home

NEW YORK, Sept 28 (BSS): Chief Adviser Professor Muhammad Yunus on Saturday left for home wrapping up his four-day USA visit to attend the 79th session of United Nations General Assembly (UNGA) and other high level side events."A commercial flight of the Qatar Airways carrying the chief adviser and his...

51 factories in Ashulia pull down shutters

An estimated 51 factories, mostly located in Ashulia, suspended operations on Saturday as workers mounted demonstrations over payment of arrears, the reopening of factories and a wage hike.Sources said workers of some garment factories, including Mondol Knitwear, blocked Baipail-Abdullahpur road in Zirabo area of Ashulia in the morning.Demonstrations broke out...

India allows non-basmati white rice exports in boost for global supplies

India gave the go-ahead on Saturday for export of non-basmati white rice to resume as inventories in the world's biggest exporter of the grain surge and farmers prepare to harvest a new crop in the coming weeks, reports Reuters.Bigger rice shipments from India would beef up overall global supplies and...

Two pullers of a paper-laden cart get caught in a water-filled pitfall on the capital's busy Hatkhola

Two pullers of a paper-laden cart get caught in a water-filled pitfall on the capital's busy Hatkhola road on Saturday. The road has been in its present poor state for months due to digging work, causing public nuisance. — FE Photo by Shafiqul Alam

Seven die of dengue, 860 hospitalised

Seven more deaths were reported from dengue in 24 hours till Saturday morning, raising the number of fatalities from the mosquito-borne disease in Bangladesh to 150 this year. During the period, 860 more patients were hospitalised with viral fever, according to the Directorate General of Health Services (DGHS), reports UNB....

Total death toll in mass upsurge 1581, says health sub-committee

A total of 1,581 people have lost their lives in the student-led mass uprising across the country, according to the primary data collected by Anti-Discrimination Student Movement's sub-committee on health affairs, reports BSS."We have prepared the primary list of 1,581 casualties based on the information which will be finalised and...

Gold prices slashed by Tk 1,259 per bhori

The price of top-quality 22-carat gold has been reduced by Tk 1,259 per bhori (11.664g) on the local market. BAJUS said a 5 percent VAT and a minimum 6 percent wage have to be added to the jewellery. This means each carat of top-quality gold will now cost Tk 137,449,...

Call for boosting private sector confidence

FE REPORTEconomists on Saturday stressed the need for boosting private sector confidence by ensuring necessary reforms and good governance to foster sustainable economic growth in the country. They also emphasised on stability in economic reform while considering the impact of global macroeconomic factors on Bangladesh, including inflation, private investment, and...