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

PM joins Iftar hosted by Armed Forces

Bangladesh Armed Forces on Tuesday jointly hosted an Iftar party in honour of Prime Minister Sheikh Hasina at Sena Malancha of Dhaka Cantonment, reports UNB. The Prime Minister went round different tables set for the members of the Armed Forces and other dignitaries, exchanged greetings with them and enquired about...

Cumilla sub-station to help ease Indian power import

The government has approved installation of a high-voltage sub-station in Cumilla for importing 500-megawatt (mw) power from India's Tripura.The Executive Committee of the National Economic Council (ECNEC) approved the sub-station project on Tuesday.Prime Minister Sheikh Hasina presided over the meeting in Dhaka. Including the sub-station, the 13 projects involve a...

Zia's 37th death anniv today

BNP will observe the 37th death anniversary of its founder and former President Ziaur Rahman across the country today (Wednesday) with due respect, reports UNB.BNP and different socio-political organisations have taken up elaborate programmes.The programmes include discussion meetings, milad mahfil, photo exhibition and free medical camps to mark the day.The...

Country ranks 73rd in cyber security index

Bangladesh has ranked 73rd out of 100 countries in the global cyber security index measured by UK-based National Cyber Security Index (NCSI), reports UNB. The NCSI put the countries in the ranking after measuring their preparedness to prevent fundamental cyber threats and readiness to manage cyber incidents, crimes and large-scale...

Bangladesh may surpass India in three years

Per capita income of Bangladesh may surpass the same of India within three years, according to an analysis of the Business Standard on India on Monday. "Per capita income (in dollar terms) in Bangladesh is now growing at nearly thrice the pace of income growth in India," said the analytical...

PPPA meets in Japan Jun 04-09

PPP Authority and Japan government will sit next week to craft the next action plan for proposed Japanese investment in Bangladesh, officials said.The officials will meet in Japan for the second time from June 04-09 to jointly work on six mega rail and road projects here.Sources said the technical conceptual...

SC halts Khaleda's bail in two cases filed in Cumilla

The Supreme Court (SC) issued a stay order on BNP Chairperson Khaleda Zia's bail granted by the High Court (HC) in two cases over violence in Cumilla, reports bdnews24.com.Chamber Judge Justice Hasan Foez Siddique passed the order in response to the state's appeal challenging the bail order on Tuesday."The judge...

Water shortage hits port city

CHATTOGRAM, May 29: More than 100 thousand (one lakh) consumers in the port city's Bakolia area have been suffering from a severe water supply shortage for a week now.The residents blamed the Chattogram WASA (CWASA) for its failure to supply adequate water to the neighbourhood.In a statement, they said the...

Fire guts raw materials, machinery at Sitakunda RMG factory

CHATTOGRAM, May 29: A huge quantity of clothes, cotton, fabrics and machinery of a garment factory was reduced to ashes in a devastating fire at Sitakunda of the district today.The fire fighters from different fire service stations in Chattogram brought the fire under control. The fire incident occurred at the...

Sale of Eid bus tickets from today

Private bus operators will start selling advance tickets today (Wednesday) for home-bound people ahead of the Eid-ul-Fitr, reports UNB. Bangladesh Bus Truck Owners Association fixed the date after holding a meeting of the organisation on May 25. Bangladesh Railway will sell advance train tickets from June 01.

Hurricane 'killed 4,600 in Puerto Rico' in Sept

Hurricane Maria killed 4,600 people in Puerto Rico, 70 times the official toll, a Harvard University study says, reports BBC.A third of those deaths after last September's hurricane were due to interruptions in medical care caused by power outages, and blocked or washed out roads, researchers said.Interviews conducted in Puerto...

Police recover truckload of BSRM scrap from ship-breaking yard

CHATTOGRAM, May 29: The police recovered on Sunday a truckload of scrap of one of the major steel producers in the country.The scrap was recovered from the depot of a local Union Parishad (UP) chairman at Sitakunda of the district.Acting on complaints from the Bangladesh Steel Re-Rolling Mills (BSRM) the...

International Day of UN Peacekeepers 2018

President Md Abdul Hamid receiving a crest from Army Chief General Abu Belal Muhammad Shafiul Huq in a programme, organised on the occasion of the International Day of UN Peacekeepers 2018 at BICC in the capital on Tuesday — ISPR

Traders displaying sarees to visitors at a stall

Traders displaying sarees to visitors at a stall of the BSCIC-organised ten-day Jamdani Exhibition 2018 that started at the Bangladesh National Museum in the capital on Tuesday — FE Photo