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

BPC to borrow $250m more despite profit

Though cash-rich for charging higher retail petroleum prices, Bangladesh Petroleum Corporation (BPC) seeks to borrow US$250 million in another tranche of costly credits from the International Islamic Trade Finance Corporation (ITFC) to import fuel oils, officials said Friday.Despite a strong capital base amid seven-year-long profit making, the state-owned petroleum corporation...

Sufferings mount as transporters strike

High prices of daily necessaries take another twist for supply disruptions while commuters suffer immensely as transporters go on a nationwide strike in a brusque protest against an abrupt raise in fuel prices. People were seen walk down to their destinations or haggle with operators of high-fare smaller vehicles as...

Veg prices rise further

Prices of vegetables increased further last week, hitting hard the limited-income consumers already affected by skyrocketing prices of commodities. However, the latest indefinite strike, called on by transport operators protesting the 23 per cent diesel-price hike by the government, disrupted supply of goods on Friday which could lead to a...

BD to back all health-related submissions for WTO seal

Bangladesh has decided to support all health-related submissions at the World Trade Organisation (WTO) provided technology transfer to least-developed countries (LDCs) is incorporated.Following the coronavirus outbreak globally in early 2020, four proposals were submitted to the WTO general council relating to trade-policy response to the covid-19 pandemic and enhancing resilience...

Shoe factory fire takes five lives

Five persons burned to death and two were injured seriously after a fire broke out in a shoe factory in the capital's Swarighat area early Friday.The fire originated from a rubber factory at 1:00 pm.Eight firefighting units rushed to the spot and brought the blaze under control around 3:00 pm.Three...

Quader urges strike call-off

Road Transport and Bridges Minister Obaidul Quader urged transport owners and workers to consider the plight of ordinary people and call off the strike over a hike in fuel prices, report agencies.He made the call during a media briefing at his residence in Dhaka on Friday.A nationwide transport strike began...

India crush Scots to keep hopes alive

DUBAI, Nov 5 (AFP): KL Rahul smashed 50 off 19 balls as India hammered Scotland by eight wickets to stay alive in the Twenty20 World Cup on Friday.Ravindra Jadeja and Mohammed Shami took three wickets each to help bowl out Scotland for 85 in 17.4 overs after India put the...