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

Bangladesh to table 4 subway, bridge proposals under PPP

Bangladesh will place four project proposals - two on subways and another two on bridges - to Japanese investors under the public-private partnership (PPP) arrangements as the next joint-platform meeting is set to begin in Tokyo on March 11.The subway projects are Subway O and Subway B. The others are...

High Court questions President's mercy power

The High Court (HC) has questioned the legality of the President's power to grant clemency to convicted persons without any guidelines. It has issued a rule asking the respondents to explain as to why guidelines should not be framed for exercise of the President's power under Article 49 of the...

RPGCL likely to buy two more spot cargoes

The state-run Rupantarita Prakritik Gas Company Ltd (RPGCL) intends to buy two more spot LNG cargoes for March 09-10 and March 15-16 delivery windows to meet the mounting demand during Ramadan.The RPGCL has already floated tenders and is currently awaiting evaluation.It earlier cancelled two tenders for March 10-11 delivery windows...

SC clears way for 6,531 to join govt pry schools as teachers

The Appellate Division of the Supreme Court on Monday cleared the way for 6,531 selected candidates from Dhaka and Chattogram divisions to join government primary schools as assistant teachers. The apex court stayed a High Court verdict that cancelled a government decision to issue appointment letters to the candidates who...

3 die of Nipah virus this year: IEDCR

Three people have died from Nipah virus this year, Institute of Epidemiology, Disease Control And Research (IEDCR) confirmed on Monday.IEDCR said that the infected person they first identified is a resident of Pabna. He died while undergoing treatment at Rajshahi Medical College Hospital. Another person died at Sher-e-Bangla Medical College...

12kg LPG cylinder price cut by Tk 28

The Bangladesh Energy Regulatory Commission (BERC) has reduced the price of a 12-kg liquefied petroleum gas (LPG) cylinder by Tk 28, or 1.89 per cent, to Tk 1,450 from previous Tk 1,478 for March trading by private businesses.The new rate came into effect on Monday. BERC Chairman Jalal Ahmed announced...

Satellite set for name change

The interim government has decided to change the name of Bangabandhu-1, the country's first geostationary satellite, to Bangladesh Satellite-1, reports bdnews24.com.The name change has been greenlit by Chief Advisor Muhammad Yunus, according to Rafiqul Islam, deputy secretary of the Posts and Telecommunications Division."Following discussions in the Advisory Council meeting, Bangladesh...

'Anora' sweeps Oscars with five awards including best picture

LOS ANGELES, March 3 (Reuters): "Anora," the story of a New York sex worker who gets a chance at a new life when she marries a wealthy Russian client on a whim, won five Academy Awards on Sunday, including the coveted best picture Oscar.In addition to best picture, Sean Baker...

Melting ice could slow vital Antarctic ocean current: study

SYDNEY, March 3 (AFP): The world's strongest ocean current could slow as melting Antarctic ice sheets flood it with fresh water, according to research published on Monday that warned of "severe" climate consequences.Scientists used one of Australia's most powerful supercomputers to model how melting ice sheets might change the Antarctic...

US actions may set polio eradication back: WHO

LONDON, March 3 (Reuters): The eradication of polio as a global health threat may be delayed unless U.S. funding cuts - potentially totaling hundreds of millions of dollars over several years - are reversed, a senior World Health Organization official has warned.The WHO works with groups such as UNICEF and...

Demand for herbal drinks soars for Iftar

As Ramadan begins at the start of the warmer season, the demand for herbal drinks during iftar has surged this year, reports bdnews24.com.A growing trend of preparing beverages, with a variety of ingredients like isabgol husk, lemon, basil seeds, flaxseeds, chia seeds, and sesame, has emerged this year.Many are using...