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

EU upset over BD deal on 14 US aircraft buys

Bangladesh's US deal to buy 14 aircraft from Boeing instead of France-based Airbus, which had vied long for the supply, upsets the European Union (EU) and the bloc seeks trade parity. During the Dhaka visit of French President Emmanuel Macron in September 2023, the government of Bangladesh reportedly committed to...

Attacks continue across multiple fronts in ME

(Top) Mourners cry during the funeral of children killed in a strike on a primary school in Minab of Hormozgan province, Iran, on Tuesday, as graves (bottom) are being prepared for them. — AFP The death toll from ongoing Israeli and US strikes on Iran has surged to 787, as...

Sammilito Islami Bank operation to continue

The newly-formed Sammilito Islami Bank, created by merging five banks, will continue its operations without disruption, Bangladesh Bank Governor Md Mostaqur Rahman said on Tuesday. The governor made the assurance at a meeting with the banks' administrators and senior officials of the central bank, held at its headquarters in Dhaka.The...

Trade, defence deals issues on top of agenda

A senior US state department official arrived in Dhaka Tuesday for talks aimed at strengthening strategic relations between the United States and Bangladesh, diplomatic sources said.S. Paul Kapur, US Assistant Secretary of State for South and Central Asian Affairs, begins his two-day visit focused on expanding trade, security cooperation and...

Businesses fear serious global supply chain disruptions

Business leaders and analysts warn that the closure of the Strait of Hormuz could seriously disrupt global supply chains and inflict heavy losses on international trade.The ongoing war involving the United States, Israel, and Iran has spilled into the Strait of Hormuz - one of the world's most vital energy...

Global energy prices soar as oil, gas production, shipping hit

LONDON, Mar 3 (Reuters): Global oil and gas prices jumped on Tuesday as the US-Israeli war on Iran halted energy exports from the Middle East, with Tehran attacking ships and energy facilities, closing navigation in the Gulf and forcing production stoppages from Qatar to Iraq.The benchmark Brent crude oil contract...

BB promptly launches special loan facility for factories

Bangladesh Bank introduced a special loan facility to help export-oriented manufacturers pay worker wages as liquidity pressures weigh on production and shipments.The bailout measures from the central bank came in lockstep with a government order for the owners to pay out to their staffs timely, as a sensitive time is...

Uncertainty looms over LNG supply

Bangladesh's liquefied natural gas (LNG) supply chain has come under fresh uncertainty after its leading supplier, QatarEnergy, warned of a potential force majeure following military strikes on its facilities.The development has raised concerns over the security of long-term contracted supplies at a time when the country is heavily reliant on...

183 flights cancelled at Dhaka, Ctg airports in four days

Bangladesh experienced major flight disruptions as airlines cancelled a total of 183 international flights at Hazrat Shahjalal International Airport (HSIA) in the capital and Shah Amanat International Airport in Chattogram over four days since February 28, following escalating tensions in the Middle East.Group Captain S M Ragib Samad, executive director...