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

New refinery planned to navigate oil crisis

Bangladesh now goes for building a new refinery after Eastern Refinery Ltd's lone outmoded unit proved incapable of refining crude to be imported for navigating the current oil crisis, officials have said.However, sources said Friday, the government is going to endorse refinery-construction project for ERL while installing an oil-unloading pipeline...

Govt looks to double allotment for hospitals

With prices of the essential commodities soaring, the government hospitals are likely to get their allocations doubled for providing food to the non-Covid or general patients, officials said.The Ministry of Finance (MoF) is considering a proposal of the Directorate of Health, taking into consideration the plea to supply adequate quantity...

Wholesalers sell fruits at auction from a covered van to retailers at Badamtoli wholesale market in old Dhaka on Friday. Every

Wholesalers sell fruits at auction from a covered van to retailers at Badamtoli wholesale market in old Dhaka on Friday. Every morning, local and imported fruits worth millions of taka are traded in this market — FE photo by Shafiqul Alam

World food prices keep falling: FAO

PARIS, Sept 2 (AFP): World food prices have fallen for a fifth consecutive month, partly thanks to the resumption of exports from Ukraine's Black Sea ports, a UN agency said on Friday.The Food and Agriculture Organisation (FAO) food price index, which tracks the monthly change in international prices of a...

Spadework on for CEPA deal signing with India

With feedbacks from the country's apex trade body, Bangladesh begins spadework on a hold-all economic-partnership deal with India by securing its privileged market access. The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) recently submitted its recommendations to the commerce ministry to consider during negotiations on the proposed Comprehensive...

Briefing 03-09-2022

Stocks keep rising, shaking off worriesStocks extended the winning streak for a third straight week, as investors keep buying major sector stocks, shaking off fears about economic uncertainty. All the five trading days this week ended higher, thanks to higher participation of general investors. Page 9Sri Lanka face Afghanistan todayHaving...