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

Beleaguered Summit Group forfeits lucrative new LNG ventures

Beleaguered Summit Group forfeits two new lucrative ventures on building its second floating storage and re-gasification unit (FSRU) and supply of liquefied natural gas (LNG) under long-term deals, said sources, citing interim government moves.A four-member committee constituted by the Energy and Mineral Resources Division (EMRD) under the Ministry of Power,...

Plea to remove Summit Power from list of cos

The Summit Power International Limited (SPIL) has made an urgent plea to the government to remove Summit Group from the list of companies in a recent notice of the taxman suspending transfer of share.Incorporated in Singapore, the SPIL made the plea in a letter, dated 04 October 2024, sent to...

Political parties focus on reforms before polls

The political parties which took part in the dialogue with the Chief Adviser on Saturday expressed their views on the electoral roadmap.BNP prioritised announcement of an electoral roadmap as soon as possible after conducting key reforms but some other parties prescribed completion of basic reforms before holding the next general...

Another BSC ship catches fire in Ctg, one dies

CHATTOGRAM, Oct 05: Just five days after an explosion on a ship, another oil tanker named 'MT Banglar Sourav' caught fire at the outer anchorage of Chittagong port, resulting in the death of a crew member. The accident occurred at 1 am on Friday night.Last week, Banglar Jyoti, an oil...

Core inflation record 10.5pc amid price spikes, dollar dearth

Core inflation fired up over double-digit count for the first time in Bangladesh last August amid price spikes, especially as non-food prices rose significantly, officials said.The core inflation rose to 10.57 per cent in August on a point-to-point basis from 8.66 per cent a month before, according to the central...

Briefing 2024-10-06

Tigers take on India in T20 series opener todayPutting their Test series disappointment behind, Bangladesh vowed to unleash a new approach to keep under immense pressure as they take on the hosts in the three-match T20 International series opening game today (Sunday) at Gwalior. The match will start at 7.30...