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

A grim border drowning underlines peril facing many migrants

MEXICO CITY, June 26 (AP): The man and his 23-month-old daughter lay face down in shallow water along the bank of the Rio Grande, his black shirt hiked up to his chest with the girl tucked inside. Her arm was draped around his neck suggesting she clung to him in...

Mirza Azizul for merger of banks to cut interest rates

Referring to the operations of a large number of banks in the country at present, Dr A B Mirza Azizul Islam suggested merger of some banks to reduce interest rates of loans and advances.Besides, the Bangladesh Bank (BB) may consider fixing an upper limit for loans and advances, as the...

Air, noise pollution perils life in Ctg

CHATTOGRAM, June 26: The port city of Chattogram is fast turning into a hellhole for its atmospheric pollution caused by dirt, dust and black smoke.Noise pollution is another irritant in the industrial city.According to environmentalists, unnecessary honking by chaotic traffic and tonnes of smog caused by exhausts fumes per year...

PM flies to China on July 1

Prime Minister Sheikh Hasina is set to leave Dhaka for Dalian on July 1 on a five-day official visit to China to attend the annual meeting of World Economic Forum (WEF) and hold bilateral meetings with top Chinese leaders, reports BSS.The meeting titled "Annual Meeting of the New Champions 2019",...

Legalising black money

There are no really reliable statistics related to the total sum or even an estimate of black money that churns around in the economy. Year after year, mainly on demand of business sectors, the government has provided incentives for whitening these through payment of a flat tax and investing the...

Tk 1.3b revenue collected from 'Gold Tax Fair'

National Board of Revenue (NBR) has collected around Tk 1.30 billion as revenue from 'Gold Tax Fair' held in all divisional cities, including Dhaka and Chattogram, reports BSS.In the fairs, jewelers legalized about 1.3 million bhori undisclosed stocks of gold and 1000 carat diamond and 500 Bhori silver.NBR and Bangladesh...

Atrocities against Rohingya: ICC forms pre-trial chamber

The International Criminal Court (ICC) has constituted pre-trial Chamber-III demonstrating further progress over ongoing process to look into the atrocities committed against the Rohingyas, reports UNB.The Chamber is composed of Judge Robert Fremr, Judge Olga Herrera Carbuccia and Judge Geoffrey Henderson, according to a media release issued by ICC on...

Basir took bribes from DIG Mizan: ACC

Enamul Basir, a suspended director of the Anti-Corruption Commission, has taken Tk 4 million in bribes from Deputy Inspector General of Police Mizanur Rahman, the anti-corruption agency said citing evidence, reports bdnews24.com.Basir has also faced a travel ban, according to a notice issued by investigation officer and ACC Director Sheikh...

Meteorologists warn of deadly heatwave in Europe

Western Europe is bracing for an intense, dangerous, and possibly even deadly heat wave this week, with temperatures due to soar as high as 45 degrees Celsius, or 113 Fahrenheit, according to reports by www.sciencealert.com and www.businessinsider.com. Countries including France, Spain, and Portugal are expecting record-breaking temperatures starting Wednesday, while...

Babar, Hafeez steady Pakistan innings

Pakistan were 100-2 after 22.5 overs as they chased a target of 238 runs set by New Zealand in the World Cup clash between the two sides at Edgbaston in England on Wednesday, reports DAWN.Babar Azam (38 off 49 balls) and Mohammad Hafeez (24 off 44 balls) were batting for...

Pak rupee hits all-time low of 161.5 against dollar

The Pakistan rupee dropped to an all-time low of 161.5 to the US dollar in the inter-bank market on Wednesday. The currency depreciated by Rs4.5, reports the Express Tribune."The rupee came under pressure apparently due to (large) foreign debt repayment before the outgoing fiscal year closes on June 30, 2019,"...

Farmhands tending camels

Farmhands tending camels at a farm at Kamlapur in the city targeting the coming Eid-ul-Azha festival. The photograph was taken on Wednesday — Focus Bangla