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

Govt may have to spend extra Tk 610b annually

Bangladesh faces a looming economic challenge stemming from global oil price crossing a critical threshold of US$120 per barrel amid the escalating Mideast tensions, with an extra burden on its cautiously tailored budget. Researchers at a press briefing Saturday warned that such an oil surge could impose a huge burden...

Govt appoints tag officers, deploys BGB at fuel depots

The government has stepped up monitoring of the country's fuel supply chain by appointing tag officers at petrol pumps and deploying Border Guard Bangladesh (BGB) personnel at key depots, as motorists in the capital continue to suffer for acute short supply of fuels.The Energy and Mineral Resources Division said the...

Tarique at Nayapaltan office for first time as PM

BNP Chairman and Prime Minister Tarique Rahman exchanged views with party leaders, cabinet members and lawmakers at the party's Nayapaltan central office in the city on Saturday evening, reports BSS.Earlier, he arrived at the central office around 7:20pm while BNP leaders and activists welcomed him upon his arrival.This is the...

Energy plans strain under budget constraints

The Energy and Mineral Resources Division has sought an additional Tk 16.30 billion in the FY2026-27 budget, warning that a funding shortfall could disrupt key projects and weaken the country's energy security efforts.The request comes amid mounting pressure on public finances, as authorities push ahead with ambitious plans to boost...

Hackers demand $1.5m ransom in major cyberattack

In one of the largest corporate cyberattacks in Bangladesh, the country's leading supermarket chain Shwapno has confirmed that its customer database was breached, with hackers demanding a ransom of $1.5 million.The incident came to light after sensitive customer information-including names, mobile phone numbers and purchase histories-began circulating on social media,...

Bank Asia to acquire Bank Alfalah's local operations for $47.5m

The shareholders of Pakistan-based Bank Alfalah Limited have approved the sale and transfer of its Bangladesh operations to Dhaka-based Bank Asia Limited for approximately $47.5 million (equivalent to around Tk 5.80 billion), reports UNB.A source at Bank Asia confirmed that as part of the acquisition, an internal audit of Bank...

Israel hits Iranian nuke facilities

DUBAI, United Arab Emirates, Mar 28 (AP): Israel struck Iran's nuclear facilities hours after threatening to "escalate and expand" its campaign against Tehran on Friday. Iran vowed to retaliate and struck a base in Saudi Arabia, wounding U.S. service members and damaging planes.A month into the war, however, there appeared...