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

Private-sector helicopter services in a shambles

Once-booming private helicopter sector in Bangladesh seems in a shambles with fleets significantly downsized and hitting headwinds, insiders said, as some bigwig entrepreneurs land in a business quagmire.Recently, they said, four helicopters were sold off and many others got grounded following the suspension of operations of the owning companies.The size...

Stay alert, create command centre to monitor law and order

Chief Adviser Prof Muhammad Yunus takes serious note of unrest and asks the law-enforcing agencies to create a command centre to intensively monitor law-and-order situation across the country.The head of post-uprising government gave the instructions while reviewing the law-and-order situation at a high-level meeting with security chiefs at the State...

Launch new airline with 50pc Biman assets

A government-formed taskforce has suggested the government establish a new airline - Bangladesh Airways - by utilising half of Biman Bangladesh Airlines' existing assets, and appoint an independent, world-class company for its management.It also recommended Biman's existing operations continue with the remaining half of its assets. "A world-class company like...

Titumir pupils out on full shutdown

The students of Government Titumir College on Monday began a complete shutdown of all academic activities sine die to press home their demand for a university status of their institution.They blockaded roads and railways at Mohakhali crossroads, causing serious trouble to the city-dwellers, especially the patients visiting nearby hospitals.As per...

TCB to raise prices of oil, lentils, sugar

The government is going to increase oil, lentil and sugar prices by Tk 20 per litre, Tk 10 per kg and Tk 10 a kg respectively for sale under the Trading Corporation of Bangladesh (TCB).The TCB has proposed the prices of soybean, lentil and sugar at Tk 120 per litre,...

US stocks trim losses after pause to Trump Mexico tariffs

US shares halted their slide on Monday, after the president of Mexico said she had reached a deal with US President Donald Trump to suspend tariffs on the country's goods, reports BBC.The announcement, which was confirmed by Trump, arrested a global sell-off in financial markets, sparked by his decision to...