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

Flood, Covid deal double blow to veg, fruit export

The ongoing flood and Covid-19 pandemic have caused a double blow to the exports of vegetable, fruits and other perishable items.High freight charges of air cargo during the pandemic as well as sky-rocketing prices of veggies in the domestic market due to the flood have severely affected the shipments, said...

DNCC caught unaware of delinquent holdings!

The Dhaka North City Corporation (DNCC) does not have any actual data and information about the number of holdings that do not pay holding tax, an official said.They only have a list of 0.25-million holding tax payers.It is assumed that there are more than double holdings under the corporation which...

Global Covid-19 cases close in on 25 million

Over 24.94 million people have been infected with Coronavirus worldwide while 842,027 others died as of Saturday, according to the worldometer tally. The United States with over 5.9 million Covid-19 cases continues to remain the worst-affected nation globally, with officials in Nevada reporting what may be the first documented case...

Night-time ferry service suspended

The government on Saturday decided to keep Shimulia-Kathalbari ferry service suspended from 6:00pm to 6:00am every day due to strong currents in the Padma river and for the sake of safety of the under-construction Padma multipurpose bridge project. The decision took effect immediately. Accordingly, the Bangladesh Inland Water Transport Corporation...

Sajek Valley of Rangamati reopens in September

Sajek Valley, an emerging tourist spot situated among the hills of the Kasalong range of mountains in Sajek of Baghaichhari Upazila in Rangamati, is set to reopen from September amid the Covid-19 pandemic, reports UNB.Upazila Nirbahi Officer (UNO) Md Ahsan Habib Jitu confirmed the matter and said tourists would allowed...

BD seeks UK's GSP facility until 2030

Bangladesh has sought a post-Covid extension of the UK's GSP facility for Bangladeshi products until 2030 to boost trade and also its greater support for a faster post-pandemic SDGs recovery, reports BSS."We want post-Brexit UK to continue its GSP, allowing zero-tariff access of Bangladeshi products to its markets until 2030,...

Terminated workers threaten to besiege DIFE office

Terminated workers of two sweater factories on Saturday announced a move to occupy Shrama Bhaban, the office of the Department of Inspection for Factories and Establishments (DIFE), for an indefinite period from Monday to realize their dues and other lawful benefits. They also announced to besiege the residence of the...

J&J to start vaccine trials in Europe

Johnson & Johnson's Janssen unit will begin mid-stage trials for its coronavirus vaccine in Spain, the Netherlands and Germany next week, Spain's health minister said on Friday, as the US drugmaker expands testing for its experimental shot, reports Reuters.The Phase II trial will last two months and include 550 participants...

Destined to go into operation from Nov

The second and the final unit of the country's largest coal-fired power plant at Payra in southern Bangladesh is expected to initiate commercial operation from November next, around one year after the initial commissioning schedule."We have started test run of the 660-megawatt capacity second unit of the Payra power plant...

Padma port awaits big consignment

A freight water terminal located on the bank of the river Padma near the site of Bangladesh's first nuclear power plant project in Pabna's Rooppur has gone fully operational, reports bdnews24.com.The port is intended for receiving process equipment for construction and further operation of the power plant, including the delivery...

As Coronavirus restrictions have been relaxed, tourists in large numbers have started venturing out to the Kuakata

As Coronavirus restrictions have been relaxed, tourists in large numbers have started venturing out to the Kuakata beach without any mask in total disregard for social distancing. The photo was shot on Saturday — Focus Bangla