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

Cargo air-shipment from home ports getting into gear

Air-cargo facilities are being ramped up for exporters as the government braces for getting over the challenges stemming from Indian embargo on the third-country transshipment arrangement for Bangladesh.Officials say the Civil Aviation Authority of Bangladesh (CAAB) is considering several freight-facilitating measures that include launching dedicated cargo operations from two additional...

CA seeks urgent global action to end multi-pronged crisis

Chief Adviser Prof Muhammad Yunus Wednesday made a passionate call from a Doha meet for urgent action from international communities for an immediate sustainable solution to the multidimensional Rohingya crisis.At the high-level roundtable discussion held in the capital of Qatar, Bangladesh also proposed hosting 'High-Level Conference on the Situation of...

Now WB also downgrades BD growth forecasts

Now the World Bank also downgrades Bangladesh's economic growth, to 3.3 per cent this fiscal year, in conservative forecasts twice as the lender cites domestic disruptions and global headwinds. Although the Washington-based lender cuts its gross domestic product (GDP)-growth prediction for Bangladesh by 0.7-percentage points in its latest report for...

OPEC Fund confirms $100m Bangladesh budgetary support

The OPEC Fund for International Development (OFID) has extended US$100 million worth of budgetary support to Bangladesh for the country's economic and governance reforms.The OFID and Bangladesh government on Tuesday signed an agreement to this effect on the sidelines of the IMF-World Bank annual meeting in Washington, DC.Economic Relations Division...

SpaceX satellite starts operations in BD by May

Lauren Dreyer, Vice President for Global Engagement at SpaceX, met with Bangladesh's Interim Government Chief Adviser Professor Muhammad Yunus on the sidelines of the Earthna Summit in Doha, Qatar, on Wednesday. Their discussion centred on the final stages of collaboration that is set to bring SpaceX satellite services to Bangladesh,...

India halts Indus Waters Treaty with Pakistan

NEW DELHI, Apr 23 (AFP): India unveiled a raft of punitive diplomatic measures against arch-rival Pakistan on Wednesday, accusing Islamabad of supporting "cross-border terrorism" after a deadly attack on civilians in Kashmir.These measures include the suspension of a key water-sharing treaty, the shutting of the main land border crossing between...

A motorcyclist is seen placing banyan-tree leaves on his helmet in an effort to cool himself

A motorcyclist is seen placing banyan-tree leaves on his helmet in an effort to cool himself off under the blazing midday sun. The photo was taken in Dhaka's Mirpur area on Wednesday. — FE photo by Asad-Uz-Zaman