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

MCCI chief calls for overcoming hurdles to ensure green growth

Nihad Kabir President of Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) Nihad Kabir said Bangladesh has been facing several challenges in environmental front. The challenges include air and water pollution, loss of forest and its degradation, unsustainable use of fishery resources in water-bodies, damaging of ecosystem and many more.She...

A customer filling up his bag after purchasing essential items

A customer filling up his bag after purchasing essential items as other consumers wait in a queue near a TCB-operated truck in front of National Press Club in the city on Monday — FE Photo

Power plant near reserve forest evokes concern

The Power Development Board's (PDB) move to allow setting up of a 307- MW coal-fired power plant near Tengragiri reserve forest in Barguna evokes concern among the green activists and rights bodies.Recently, PDB signed a 25-year power purchase agreement (PPA) with a private company under which the company will set...

Over 1000 firms operate sans REHAB membership

More than 1000 housing companies are operating in the country defying a government's directive, which has made REHAB membership mandatory for running business, industry insiders said. The ministry of commerce on May 21 last year issued an order, asking all real estate companies to take the membership of the Real...

Active MFS accounts slump 34pc in Aug-Mar ‘due to BB restraint’

The number of active mobile money accounts has declined drastically in the country in the recent months following the central bank's new regulations on mobile financial services (MFS). According to the latest data of Bangladesh Bank (BB), there are a total of 20.26 million active mobile account users in Bangladesh...

BNP candidate challenges HC stay order

BNP mayoral candidate Hasan Uddin Sarkar filed a petition with the Appellate Division of the Supreme Court on Monday challenging the High Court order staying the Gazipur City Corporation (GCC) election for three months, reports UNB.However, no hearing on the petition was held with the chamber judge of the Appellate...

Bachchu skips ACC grilling for ‘illness’

Citing illness, BASIC Bank Limited former chairman Sheikh Abdul Hye Bachchu skipped anti-graft investigators' interrogation on Monday regarding a loan scam involving Tk 45 billion.Officials at Anti Corruption Commission (ACC) said he was supposed to be grilled for the fifth time by its investigation officials. But the prime accused person...

HC issues rule on domestic airfare

The High Court has issued a rule asking why it should not order the formation of a policy to fix the prices of airline tickets, the ticket cancellation fee and additional luggage charges on domestic flights, reports bdnews24.com.Justice Naima Haider and Justice Zafar Ahmed issued the rule on Monday following...

BD eyes stronger grip on small-sized ship market

The rapid growth of Bangladesh has long been attributable to exports in mostly primary industries in areas such as garments and agricultural products, according to a koreatimes.co.kr report.One lesser-known industry with huge growth potential for the country, however, is shipbuilding. As a riverine country, the country has taken advantage of...

World Thalassemia Day 2018

Participants standing with a banner at a human chain in front of National Press Club in the city on Monday for raising awareness on World Thalassemia Day 2018 — FE Photo

Cops recover four throat-slit bodies in Bogura

BOGURA, May 7 (UNB): Police recovered the throat-slit bodies of four people from a paddy field at Dubil in Shibganj upazila on Monday.Two of the deceased were identified as Shahabul, 33, son of Asir uddin, a beetle-leaf vendor and Zakaria, 32, a painter, son of Zahurul of Katgara village in...