Bangladesh Dhaka corrspondent : The computerized toll collection system of Bangabandhu Bridge has broken down on Sunday morning. The authorities have kept the toll collection suspended from 10 am to 12 pm. As a result, a huge traffic gridlock has been created on both sides of the bridge. At one stage, the authorities started collecting tolls…
Category: Economy
Canada now world’s largest legal marijuana marketplace
Probashbangla24 online Desk : Ian Power was among the first to buy legal recreational marijuana in Canada but he has no plans to smoke it. He plans to frame it. Canada became the largest country with a legal national marijuana marketplace as sales began early Wednesday in Newfoundland. Power was first in line at a…
No hike in gas price now: BERC
Probashbangla24 online Desk : Bangladesh Energy Regulatory Commission (BERC) has decided not to raise the gas price ‘considering the overall situation’. The watchdog announced its decision at a press conference at the commission office in the city on Tuesday, ‘Under the present circumstance, we find no reason to raise the gas price,’ said BERC Chairman Monwar…
Trump reluctant to cancel arms sales to Saudis
Probashbangla24 online Desk : President Donald Trump says “we would be punishing ourselves” by canceling arms sales to Saudi Arabia over the disappearance of Saudi journalist Jamal Khashoggi. Trump says the sale is a “tremendous order for our companies.” He says if the kingdom doesn’t buy its weaponry from the United States, they will buy it…
Claire’s ‘considers UK store closures’
Probashbangla24 online Desk : Accessories chain Claire’s is reported to be considering closing some of its UK stores. The Press Association said the High Street chain was talking to restructuring firms about “a number of options”. The chain has more than 370 stores in the UK, according to its most recent accounts. A spokeswoman for Claire’s…
Patisserie Valerie discovers ‘secret’ overdrafts
Probashbangla24 online Desk : The board of Patisserie Valerie discovered the existence of two “secret” company bank overdrafts this week, according to boss Luke Johnson. The entrepreneur told the Sunday Times that £9.7m had been spent in two overdrafts set up with HSBC and Barclays. Mr Johnson said neither he, the board, nor the auditors had…
IMF pledges to guard growth, financial stability
Probashbangla24 online Desk : The International Monetary Fund has wrapped up its annual meeting pledging to act to protect world growth and financial stability from risks linked to trade and geopolitical tensions. IMF Managing Director Christine Lagarde said Saturday as the IMF-World Bank meeting in Bali, Indonesia, ended that global growth is still strong but has…
The £50 note is changing and here’s why
Probashbangla24 online Desk : The £50 note will not be scrapped and will instead get a plastic redesign, the Bank of England has said. Fears that the largest denomination was widely used by criminals and rarely for ordinary purchases had prompted a proposal to abolish it. But ministers said the new version, to be printed in…
33 fishermen fined, jailed for defying govt ban on hilsa netting
Probashbangla24 online Desk : A mobile court here on Saturday jailed and fined 33 fishermen for catching hilsa from the Meghna and Tetulia rivers in Bhola defying the ongoing government ban on hilsa netting. Among the convicts, 25 fishermen were awarded one year jail each while eight others were fined. The local administration with the help…
Asian stocks fall as US accuses China of election meddling
Probashbangla24 online Desk : Asian markets were mostly lower on Friday after U.S. Vice President Mike Pence claimed China had meddled with its midterm elections to unsettle the Trump administration, which Beijing has denied. KEEPING SCORE: Japan’s benchmark Nikkei 225 fell 0.8 percent to 23,784.64, and the Kospi in South Korea dropped 0.6 percent to 2,261.89.…