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

Pressure builds on city hospitals treating dengue patients

Pressure built on hospitals, clinics and doctors in handling the ever-growing number of dengue patients in the city in recent days.During visits to some public and private hospitals and clinics on Wednesday it was found that most of them were overcrowded with dengue patients.Patients and their relatives, on the other...

Govt to buy 0.1 million electronic fiscal devices

The Cabinet Committee on Public Procurement (CCPP) on Wednesday approved procurement of 0.1 million electronic fiscal devices (EFDs) to collect value added tax (VAT).According to the National Board of Revenue (NBR) proposal, a Chinese company - SZZT-KMMT-SYNESIS-EATL - will supply 10,000 devices at a cost of Tk 32,000 each in...

Lighterage strike brings Ctg port to a halt

CHATTOGRAM, July 24: Workers of lighterage vessels went on a strike for an indefinite period at the Chattogram port from Wednesday morning. All striking workers stopped loading and unloading lighterage vessels with effect from Wednesday morning.On the other hand, water transport workers called off their strike over different demands, including...

Over 300 RMG units vulnerable: Police

Some 328 factories including textile and readymade garment (RMG) across the country, except for Dhaka metropolitan area, are 'vulnerable' to labour unrest over the payment of wages and festival allowance, officials said.People familiar with the situation said the non-payment of dues, variety in festival allowance, workload and holiday ahead of...

Political unrest, scams weigh on credit flow in Dhaka, Ctg during 2012-15

Recurring bank loan scams and political instability in the country might be the reason why urban credit in Dhaka and Chittagong showed negative growth between 2012 and 2015, experts said on Wednesday. During the three-year period, the country saw a series of loan scandals involving Hallmark, Bismillah and BASIC Bank...

Traders to ensure supply chain, stabilise prices

Traders have assured the government of their cooperation in maintaining normal supply chain and keeping prices of essential items under control in the marker ahead of Eid-ul-Azha.There are sufficient stocks of soya bean, onion, garlic, ginger, lentil and sugar in the country that will fulfil demands in the coming days,...

BB relaxes loan rules for flood-hit farmers

Bangladesh Bank (BB) has relaxed its loan rescheduling rules and suspended loan recovery in view of the plight of the farmers in the country's flood-hit areas, reports BSS.The central bank today issued a circular in this regard, including a set of measures favouring the agricultural loan borrowers.The BB has taken...

Govt sues 10 milk firms

Bangladesh Food Safety Authority has sued 10 companies after "lead and other heavy metals were found along with substances harmful for human consumption" in their pasteurised milk products, reports bdnews24.com.Food Inspector Kamrul Hasan, who oversees Dhaka South City Corporation areas, started separate cases against the firms at the Pure Food...