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

Call money rate budges on excess liquidity

The call money rate in the local money market took a dip to the lowest level in more than one year on Thursday, the last working day before the weekend, indicating the presence of excess liquidity in the market.This has been attributed by treasury heads of a number of banks...

Focus on land-ports to reap cross-border trade

Bangladesh could not reap the benefits of cross-border trade, as most of the country's land-ports have remained unused, experts and people involved in such trade opined at a seminar on Sunday.They pointed out three major non-tariff barriers in this regard -- lack of adequate physical infrastructure, procedural complexities and poor...

Activists oppose power plant near Sundarbans

A diesel ferry cuts through the Poshur river -- the lifeline of the Sundarbans - with travellers watching its heavily industrialised bank, which is rapidly increasing at the cost of the world's largest contiguous mangrove forest, reports IANS on Sunday.Activists are looking with a wary eye at the 1,320 MW...

Poor wages force RMG workers to rely on overtime

Bangladesh's garment workers earn inadequate wages and mostly rely on excessive hours of overtime for an insignificant amount of money, according to a recent report. The report titled 'Toward Fair Compen-sation in Bangladesh: Insights on Closing the Wage Gap,' by US-based rights organisation -- Fair Labour Association -- was launched...

Rozina dies after losing leg in mishap

Rozina Akhter, a domestic help, who lost one of her legs after a BRTC bus ran over her on the Airport Road in the capital's Banani on April 20, died at Dhaka Medical College Hospital (DMCH) on Sunday morning, reports UNB.This is the second incident of losing life after suffering...

Nepal mulls tunnel way with B’desh

Nepali Minister for Industry, Commerce and Supply, Matrika Prasad Yadav has said that Nepal and Bangladesh will be connected via a tunnel way so as to promote the transnational road connectivity, reports in the Kathmandu Post, on Sunday. Inaugurating the third conference of small and medium-sized enterprises from China and...

India, Pakistan, China to take part in military drill in Russia

India and Pakistan will be part of a multi-nation counter-terror exercise in Russia in September, which will also be joined by China and several other countries, reports NDTV on Sunday.The military exercise will take place under the framework of Shanghai Cooperation Organisation (SCO), a China-dominated security grouping which is increasingly...

Members of a parliamentary standing committee visiting the under-construction 500mmcfd floating LNG terminal

Members of a parliamentary standing committee visiting the under-construction 500mmcfd floating LNG terminal at Moheshkhali in Cox's Bazar with the Belgian ship "Excellence" carrying LNG from Qatar seen on the right — ISPR