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

Chief Adviser Professor Muhammad Yunus speaks

Chief Adviser Professor Muhammad Yunus speaks at a plenary session titled 'The State of Climate and Nature' at the World Economic Forum Summit in Davos, Switzerland, on Wednesday. — PID

Tk 2.5b assets of Salman, his associates seized

Assets worth about Tk 2.50 billion belonging to Beximco Group owner Salman F Rahman and individuals and organisations linked to his interests have been seized, in a latest action against the beleaguered tycoon."The action is part of an investigation into allegations of trade-based money laundering," said the Financial Crime Unit...

Economy may turn around

Bangladesh economy could make a 'turnaround' if the interim government delivers a quarter of what they are expected to deliver on the economic front this year, says Dr Zahid Hussain, former lead economist at the World Bank's Dhaka office."We'll be able to ascertain after the next budget (FY26) what on...

Potato price hits three-year low

Prices of onions, potatos and other winter vegetables hit a three-year low last week, bringing great relief for consumers, but woes for farmers.However, the prices of commodities like rice, edible oils, meat and fish were higher at kitchen markets, as usual.Potato is now selling at Tk 20-30 a kg in...

Danish, Emirati firms eye big investments in Bangladesh ports

DAVOS, Jan 23 (UNB): The United Arab Emirates-based DP World and Denmark-based A.P. Moller-Maersk on Thursday expressed interest in making big investments in Bangladesh's shipping industry to help the country build new ports along the coast of the Bay of Bengal and become a major global export hub.AP Moller -...

Lending up 13.69pc, deposit growth 14.35pc

Agent banking in Bangladesh witnessed significant year-on-year growth in November 2024 in terms of both loan disbursement and deposit collection, despite a decline in the number of agents and outlets.According to the Bangladesh Bank (BB) data, loan disbursement reached Tk 9.70 billion in November 2024, up 13.69 per cent from...

BIPPA for probe, not 'wholesale allegation'

The Bangladesh Independent Power Producers Association (BIPPA) has urged the government to conduct a proper investigation to identify the actual wrong-doers and shun wholesale allegations of plundering funds from the power sector."We don't want to hear wholesale allegations against all the power plant owners," BIPPA President David Hasanat told a...

Dhaka seeks China trade-gap reduction, regional connectivity

Dhaka stresses narrowing wide trade gap between China and Bangladesh and fostering regional connectivity to promote equitable growth through economic cooperation.Visiting Bangladesh Foreign Affairs Adviser Md. Touhid Hossain Thursday mooted the proposals, among others, while addressing a seminar as a keynote speaker at a seminar at the Shanghai Institutes for...