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

Stalled MRT projects bag big Tk 126.49b funds to restart

Stalled mass rapid transit (MRT) projects receive a substantial sum of Tk 126.49 billion in ADP allocations for the upcoming fiscal year as the government vows to construct three Dhaka metro-rail lines after prolonged dilemmas, officials say.The long-stalled MRT-1 and MRT-5 (Northern) lines have got significant allocations in the FY27...

May fetches $3.42b in remittance

Bangladesh sees inward remittance on the up and up with an over 15-percent annualised growth to US$3.42 billion in May as expatriates continue funneling higher forex into the country.With the latest monthly inflow, the economy of over $460 billion enjoyed inner remittance amounting to over $3.0 billion each for the...

BD won't accept any push-in from India

Bangladesh has taken a firm stance against alleged attempts by the Indian border forces to push people from across the frontier, with State Minister for Foreign Affairs Shama Obaed saying on Monday that the country's border guards would continue to resist any such move.Speaking to reporters at the foreign ministry,...

Islami Bank board meeting stalls at daytime, held at night

After hours of disruptive demonstrations outside, a much-talked-about board meeting of Islami Bank Bangladesh PLC stalled at daytime and completed virtually on Monday night with its new Chairman Md. Khurshid Alam presiding, sources said.The meeting was supposed to take place on Monday noon but was postponed amid daylong protests by...

Veteran AL leader Tofail Ahmed dies

Veteran Awami League leader Tofail Ahmed passed away at a hospital in the capital on Monday. He was 82, reports UNB.Tofail Ahmed, a key figure in Bangladesh's Liberation War and the 1969 mass uprising, breathed his last around 4 pm at Square Hospital in the capital, according to his family...

Dipen Dewan resigns from cabinet

Three months after his appointment to the BNP government's Cabinet, Minister for Chittagong Hill Tracts Affairs Dipan Dewan has resigned.Dipan, who was elected member of parliament from Rangamati in the 13th parliamentary election on the BNP ticket, cited health complications for the decision, said Atikur Rahman Ruman, additional press secretary...

Tk 594.5b sought as subsidy for power sector in new budget

The Power Division has sought a huge sum of Tk 594.5 billion as subsidy in the new budget on account of power purchase from private-sector plants and power import. Officials say the Power Division has sought the fund allocation for fiscal year (FY) 2026-27 in a requisition letter that cites...