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

BR still lacks fit execution plan for decade-old policy

Bangladesh Railway (BR) has yet to formulate a comprehensive plan to incorporate electric traction in its upcoming development projects, despite a policy-level decision made a decade ago.While over 70 countries have shifted to electric train services, BR remains limited to a few specialised projects. One of these is expected to...

Namaj-e-janaza of AK Khandkar held

The namaj-e-janaza of Deputy Chief of Staff of the Bangladesh Liberation War and first Chief of Air Staff Air Vice-Marshal (Retd) Abdul Karim Khandkar, Bir Uttam, was held at BAF Base Bashar Parade Ground in the city on Sunday afternoon.Chief Adviser Professor Muhammad Yunus joined the namaj-e-janaza conducted by Bangladesh...

Attackers on Prothom Alo, Daily Star identified

Religious Affairs Adviser AFM Khalid Hossain on Sunday said the identities of several individuals involved in the recent arson attacks on Prothom Alo and The Daily Star have been identified and steps are underway to bring them to justice.Speaking to reporters at the Bangladesh Secretariat, he said intelligence agencies have...

NBR chief hints at further extending return submission deadline

National Board of Revenue (NBR) Chairman Abdur Rahman Khan has hinted at the possibility of further extension of income-tax return-submission deadline, as many registered taxpayers are yet to file their returns digitally.Speaking about the possible extension, Mr. Khan mentioned that the NBR would assess the situation based on the trends...

BB buys more US dollars to support taka

The central bank purchased an additional US$60 million from four banks through an auction on the interbank spot market on Sunday, aiming to keep the exchange rate of the US dollar against the taka stable.The amount was bought under the multiple price auction method, with a cut-off rate of Tk...

Nomination papers collected for Khaleda, Tarique

Nomination papers have been collected in Bogura on behalf of Bangladesh Nationalist Party chief Khaleda Zia and the party's acting chief, Tarique Rahman, for the parliamentary polls scheduled for Feb 12.Rezaul Karim Badsha, president of BNP's Bogura district unit, said on Sunday that the nomination paper for Khaleda was collected...

3 dead, 1 missing as vehicles plunge into Dhaleshwari River from ferry

Narayanganj, Dec 21 (UNB): Three people were killed and one remained missing after a truck and four other vehicles fell into the Dhaleshwari River from a ferry in Baktaboli area of Narayanganj early Sunday.The deceased were identified as Masud Rana, 30, a Bangladeshi expatriate in Singapore, van puller Shadhin, 25,...

Longer-term T-bill yields edge higher

Yields on longer-term treasury bills (T-bills) edged up on Sunday as banks remained reluctant to lock in excess liquidity ahead of the year-end closing and the upcoming national election.The cut-off yield, or interest rate, on the 182-day T-bills rose to 10.65 per cent from 10.57 per cent at the previous...

BD wins 11 medals, including one gold

Bangladesh team won a total of 11 medals, including one gold, six bronzes, and four technical awards at the 27th International Robot Olympiad held from December 17 to 20 at the Mantra Southport Sharks Convention Centre in Gold Coast, Australia. The medals were handed over to the winners at the...

Two children die after eating 'stale food' in Moghbazar

Two children have died in Dhaka's Moghbazar area after falling ill, with relatives saying they had eaten food ordered from a restaurant that had been stored for several days, reports bdnews24.com.The victims were identified 14-month-old Ilham Chowdhury and his 10-year-old sister Afrida Chowdhury, a third-grade student at Viqarunnisa Noon School.They...

Gold prices hit record high in local market

Gold prices in Bangladesh climbed to an all-time high on Sunday, with the price of 22-carat gold rising to Tk 218,117 per bhori following a fresh hike announced by the Bangladesh Jewellers Association (BAJUS).BAJUS raised the price of 22-carat gold by Tk 1,050 per bhori, setting the new rate at...