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

BO accounts slump for sluggish stocks trade

The number of active BO (beneficiary owner) accounts declined in 2017, indicating that the traders concerned lost interest in sluggish share business.According to information from the Central Depository Bangladesh Limited (CDBL), over 0.21 million BO accounts were closed in the calendar year that has just gone by.Officials of some brokerage...

PM to formally launch ‘Rapid Pass’ Thursday

The authorities have taken a move to make 'Rapid Pass' popular for facilitating its planned introduction for all modes of public transports in the city.As part of the effort, Prime Minister Sheikh Hasina is scheduled to formally launch the smart integrated-circuit (IC) card, which is already in use in cases...

Road accidents claim 4,284 lives in 2017

Some 4,284 people were killed and 9,112 people were injured in 3,472 road accidents across the country in 2017, a rights group's survey has revealed.According to the survey, the number of death toll increased by 26 per cent and accidents rose by 16 per cent last year comparing to the...

Fog disrupts ferry services, traffic

Thick fog disrupted ferry services and traffic in different parts of the country, reports UNB.In Manikganj, ferry services on Paturia-Daulatdia route in the Padma river resumed after three and a half hours of disruption caused by dense fog on Monday morning.Assistant General Manager of Bangladesh Inland Water Transport Corporation (BIWTC)...

Authorities shift site for Ctg IT village

CHITTAGONG Jan 01: The proposed site for the IT (Information Technology) village has been shifted to Firoz Shah Shohid Minar area from Bakolia in the city due to land dispute.Sources at the IT Park Authority said the site selection has been finalised and an 18-storey building will be developed on...

BPC to import 0.33m tonnes of petro products in Jan

The state-run Bangladesh Petroleum Corporation (BPC) will import around 330,000 tonnes of refined petroleum products, especially diesel and jet fuel, this month under both term and open bidding system.Of the products to be imported by the BPC, 300,000 tonnes will be diesel and 30,000 tonnes of fuel, a senior BPC...

ACC to quiz six more AB Bank directors

The Anti-Corruption Commission (ACC) summoned on Monday six more members of the AB Bank's Board of Directors for interrogation on money laundering, reports UNB.ACC Assistant Director (Public Relations) Pranab Kumar Bhattacharya said that the notice had been issued to the chairman of the bank on Monday asking for their appearance...

India looks to supply LPG to its NE states via Bangladesh

NEW DELHI, Jan 01: Indian Oil Corp Ltd is planning to adopt a new way of supplying cooking gas to the its northeastern states by first exporting it to Bangladesh in a move that will drastically cut the refiner's freight cost and help in integrating the energy markets in the...

Fire guts houses at Tejturi Bazar slum

A fire broke out at a slum, located behind the railway market in the city's East Tejturi Bazar area, on Monday noon. It gutted several makeshift houses at the slum. However, there was no report of casualties. The fire originated at around 12:00 pm. Nine units of fire-fighters rushed to...

'Nuke launch button is always on my table'

North Korea's leader Kim Jong-un has said a nuclear launch button is "always on my table" and warned the US it will never be able to start a war, reports BBC.In a televised new year speech, he said the entire US was within range of North Korean nuclear weapons, adding:...

Non-MPO teachers continue their fast-unto-death strike

Non-MPO teachers continue their fast-unto-death strike in front of the National Press Club in the city on Monday. — FE photo

The bosom of the Shitalakhya looks like a cropland

The bosom of the Shitalakhya looks like a cropland as farmers cultivate winter vegetables on the chars of the river near Demra. This photograph was taken on Monday. — FE Photo by KAZ Sumon