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

Most RMG orders revived, but on buyers’ terms

Most part of the work orders worth over US$ 3.0 billion that the local apparel makers had reported either cancelled or held up have been reinstated by their respective global buyers, industry people said.About 90 per cent of such work orders for the country's struggling readymade garment (RMG) industry have...

Trump's condition had been worse than revealed: WH

White House Chief of Staff Mark Meadows revealed that President Donald Trump's condition on Friday was far worse than officials had made public, saying doctors recommended the president go to the hospital after seeing he had a fever and his blood oxygen level dropped rapidly, reports Reuters.Meadows made the comments...

Expatriates agitate in city for tickets

Several migrants were injured as police charged baton on them in the city's Karwan Bazar area on Sunday, adding fuel to the ongoing agitation by the stranded Bangladeshi expatriates.The police action created a chaotic situation in front of the Hotel Sonargaon that houses the office of the Saudi Arabian Airlines.Many...

Q1 exports up by 2.58pc, cross target by 2.45pc

The country's merchandise shipments during the first quarter (Q1) of current fiscal year (FY), 2020-21, grew by 2.58 per cent to US$ 9.89 billion over that of the same period of last fiscal.The July-September export earnings also surpassed the target set for the period by 2.45 per cent, according to...

Pressure builds on poor

Prices of edible oils have increased notably over the last one and a half weeks in the country, adding to the woes of common people already battered by the high prices of essential items such as rice and onion.Both loose and packaged oils witnessed a price hike of Tk 5.0-Tk...

PM Hasina wishes full recovery of US President

Prime Minister Sheikh Hasina on Sunday wrote a letter to US President Donald Trump sending a message of sympathy after he and First Lady Melania Trump were diagnosed with coronavirus, reports UNB."I'm saddened to have learned that you have, unfortunately, contracted the COVID-19 novel coronavirus and began your treatment at...

BB allows use of Taka fund for FC payment

The central bank has allowed a section of industrial enterprises located in domestic processing areas of economic zones to settle foreign currency payment against royalty and technical services fees from the Taka fund.This opportunity will be applicable to industrial units that do not have foreign currency income.Taka fund will help...

Data point to pandemic’s falling trend

Declining trend in major indicators of Covid-19 pandemic continued in the country, as the number of tests, infections, recoveries and deaths showed a sharp decline last week that ended on October 03.According to the Directorate General of Health Services (DGHS), the number of tests, infections, recoveries and fatalities dropped by...