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

A big factory blaze leaves Tk 80b tyre market for grabs

A big factory blaze has blanked out Bangladesh's huge heavy-duty vehicles' tyre market for invasion by imports while local manufactures of ultra-light-vehicle tyres also fear losing out to foreign companies for two major constraints.They say production disruptions for gas shortages and cost - overpricing due to customs hassles like indiscriminate...

Martyred Intellectuals Day today

The nation observes the Martyred Intellectuals Day today (Saturday) to commemorate the intellectuals killed by Pakistan occupation forces and their local collaborators at the fag-end of the Liberation War in 1971.This day in 1971, the country's renowned academics, doctors, engineers, journalists, artists, teachers and other eminent personalities were dragged out...

Buyer's credit crunch worries businesses

Buyer's-credit use for overseas procurement by Bangladesh has plummeted over the years, stoking concern about smooth import operations crucial to rolling industries and keeping export-shipment lead times.Buyer's credit accounted for 23.9 per cent of Bangladesh's total imports in the fiscal year ending June 2024, marking a 4.7-percentage-point drop from 28.6...

Ailing Janata mulls lending to Beximco flouting law

Violating a law and a memorandum of understanding (MoU), the crisis-ridden state-owned Janata Bank is considering lending to Beximco Group to help it pay the salaries of workers employed in the units under the Beximco Industrial Park, sources say. On November 28, the first meeting of the advisory council committee...

53 citizens condemn propaganda against BD

A total of 53 noted citizens, including academics, journalists and artists, denounced on Friday anti Bangladesh campaign by a section of Indian media outlets that are actually serving the interests of Indian right-leaning extremist ruling party BJP."We are concerned about the ongoing propaganda against Bangladesh run by the Godi media,...

A group of workers are repairing an old cargo ship

A group of workers are repairing an old cargo ship before painting it with an eye to giving it a facelift at a dockyard in south Keraniganj, on the outskirts of Dhaka city, on Friday. Hundreds of people eke out a living doing similar jobs at the facility daily. —...