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

Liquidity shortage pushes up private banks’ deposit rates

The ongoing liquidity crunch has forced many private commercial banks to raise their deposit rates, particularly that of term deposits. The hike has made the government move to lower the lending rates to single digit almost untenable. The deposit rates started creeping up from September last year and the same...

Dengue cases hit all-time high

The number of people hospitalised with dengue fever kept rising across the country, breaking its all previous records on Saturday, officials and physicians said.In last 24 hours till 7:00 pm on Saturday, two university students reportedly died of dengue fever, according to the victims' friends. A total of 683 people...

Bid on to manage extension of rental power plants’ tenure

Owners of many private oil-fired power plants, including the rental and quick rental ones, are lobbying hard with the government high-ups for extending the tenure of their plants.If granted, the extension would be against the government's declared policy of shutting those down on expiry of their respective contracts.Some gas-fired rental...

Water ebbing in most rivers

Water continued to recede in most of the rivers across the country on Saturday, except those in the north-eastern and southern regions.Though water level was declining, various waterborne diseases started spreading in many northern districts amid lack of fresh water, proper food and sanitation facility, said sources.A total of 117...

28 industries receive awards today

A total of 28 industries and service-oriented organisations will receive National Productivity and Quality Excellent Award-2018 for their outstanding role in increasing productivity and quality development of goods in the sector of industries today (Sunday). Industries Minister Nurul Majid Mahmud Humayun will hand over the award to the selected industries...

Four killed as truck crashes into auto-rickshaw

KISHOREGANJ, July 27 : A fatal road accident left four people dead in Pakundia upazila of the district on Saturday morning. The deceased were identified as auto-rickshaw driver Sharif, Khokon, a shoemaker, Razia Khatun, 75, Ohid Mia, 38. A truck crashed into the CNG-run auto-rickshaw in front of Mandarkandi Girls...

Rescuers recover 55 bodies after Libya shipwreck

Fifty-five bodies were recovered so far off the Libyan coast, an aid worker said on Saturday, after a wooden boat carrying hundreds of migrants capsized on Thursday. Search operations were continuing to find other missing migrants, a member of Libyan Red Crescent said. It was unclear how many people were...