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

US strikes Iran military targets as Trump escalates threat

TEHRAN, Apr 7 (AP): Iranian officials on Tuesday urged young people to form human chains to protect power plants, as US President Donald Trump warned that a "whole civilization will die tonight" if Tehran does not meet his latest deadline to agree to a deal that includes reopening the Strait...

Decision on fuel price hike from May likely

A decision to increase fuel prices from next month may be made following discussions at a cabinet meeting, the energy minister told parliament Tuesday, reassuring that Bangladesh holds adequate stock of fuels despite global crisis.Minister for Power, Energy and Mineral Resources Iqbal Hasan Mahmud Tuku made the statement in the...

Business activity slows as March PMI dips

Bangladesh's business activity lost momentum in March, with the latest Purchasing Managers' Index (PMI) pointing to a slowdown across key sectors. While the economy continues to expand overall, emerging weaknesses in manufacturing and construction are raising concerns about the durability of growth.The moderation comes against a backdrop of global uncertainty...

Jet fuel price jacked up

Jet-fuel price has been jacked up again for both domestic and international flights amid the persistent global oil-price volatility, thus making aviation expensive. Bangladesh Energy Regulatory Commission (BERC) Tuesday issued a release hiking the airplane-fuel prices, citing global price volatility amid the Middle East crisis.According to the new announcement, the...

Regulator smells plot to destabilise BD forex mkt

Bangladesh Bank smells a plot by vested groups to destabilise exchange rate through creating artificial crisis on Bangladesh's foreign-exchange market to cash in on the Mideast mayhem.To deflate the plan of possible volatility, the central bank has already intensified its monitoring and vigilance on a vested quarter spreading rumours that...

11 more die in measles, suspected cases

At least 11 more children have died from measles infections, including 10 suspected cases, in the 24 hours until Tuesday, with a rising number of new hospitalisations, according to health authorities.Of the new casualties, eight were from Dhaka division. With this, 21 children have been confirmed dead from measles in...

PM writes to UN Secy Gen for LDC graduation deferral

Prime Minister Tarique Rahman has requested the United Nations to defer Bangladesh's graduation from the Least Developed Country (LDC) category by at least three years to ensure a sustainable transition amid internal and external shocks.The premier on Sunday wrote to UN Secretary-General António Guterres seeking the deferral, officials said on...

Ex-Speaker Shirin Sharmin Chy arrested, sent to jail

A Dhaka court ordered former Speaker of Parliament Shirin Sharmin Chaudhury to be sent to jail after her arrest in a case filed over an attempted murder during the July Uprising.The Detective Branch (DB) of police sought a two-day remand to interrogate her, while her lawyer petitioned the court for...