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

Cattle markets see brisk trade ahead of Eid-ul-Azha

Cattle markets across the capital witnessed a sharp rise in trading activity on Monday as Eid-ul-Azha approaches, with only two days left before the festival.Despite heavy morning rain that caused temporary waterlogging and disrupted movement in several areas, buyers and sellers thronged the markets later in the day as the...

Govt to make 'Toll Policy 2014' more effective

The government is set to bring about major changes in the existing 'Toll Policy 2014' to make the country's toll-management and-collection systems time-befitting and more effective.To this effect, a 12-member committee has been formed to review the decade-old toll policy and suggest necessary amendments to it, according to official sources.The...

ETC reg surges ahead of Eid

Electronic Toll Collection (ETC) registrations have increased significantly ahead of Eid-ul-Azha, marking a growing interest among vehicle owners in paying bridge tolls electronically for a hazard-free journey.Officials said around 100 motorists are now registering daily for ETC services on bridges operated by the Roads and Highways Department (RHD) and the...

Government plans shift to CIF fuel imports to reduce risks, costs

The government is considering a major change in its fuel-import system as the Ministry of Power, Energy and Mineral Resources has sought approval to import fuel oils under the Cost, Insurance and Freight (CIF) method instead of the existing Cost and Freight (CFR) arrangement.The ministry has already sent a proposal...

20-25 held after RAB camp attack

Joint forces in a drive have detained at least 20-25 people after an attack on a RAB camp by a gang of criminals at Jungle Salimpur in Sitakunda upazila of Chattogram, reports UNB."Around 20-25 individuals were detained for questioning. During interrogation, if anyone is found involved in the attack legal...

1,500 factories yet to clear festival payments

Thousands of workers across Bangladesh's key industrial zones are still facing uncertainties as 1,500 factories have not paid festival allowances despite Eid-ul-Azha holiday beginning today (Tuesday).About 14.65 per cent (1,500) of the factories under the jurisdiction of the Industrial Police (IP) across eight industrial zones did not clear the allowances...

High priority for R&D in next edu budget

The government and policymakers are placing strong emphasis on research, development and innovation while preparing the budget for the country's education sector, which is expected to surpass last year's allocation.The primary allocation for primary, secondary and higher education has been set at Tk 920 billion, according to the Ministry of...

Incidents of 'rape, attempted rape' reported in four dists

A series of alleged rape and attempted rape incidents involving women and children have been reported from several districts across the country, triggering fresh concerns over rising sexual violence and the safety of vulnerable groups, reports UNB.Police arrested the accused in connection with incidents reported from Chuadanga, Jashore and Cumilla,...