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

BB seeks release of Tk 3.0b for EEF’s farm projects

The Bangladesh Bank has requested the government to release Tk 3.0 billion to finance agriculture projects under the equity entrepreneurship fund (EEF), officials said.Some 2,308 applications have recently been submitted seeking loans, for food and agriculture-related projects from the EEF, which are now under processing, they added.Officials said accepting fresh...

DSCC revises up cost, extends tenure

Dhaka South City Corporation (DSCC) has again revised the cost of its park and playground modernisation project and extended its duration on grounds of design change and various complications that arose during the rehabilitation process.The initial cost of the project taken up for upgrading 19 parks and 12 playgrounds was...

No direct mention of Rohingya in OIC declaration

The just-concluded summit of the Organisation of Islamic Cooperation or OIC has not directly mentioned the Rohingya issue.But the 'Makkah Al Mukarramah Declaration' in its 10th clause 'underscored the importance of standing by those Muslims in non-Islamic countries who suffer persecution, injustice, coercion and aggression'.Bangladesh was expecting 'tougher texts incorporating...

Home-goers enjoying smooth Eid journey

Eid holiday-makers were able to make rather hassle-free journey on highways across the country on Sunday. But, the situation was almost reverse in case of railway passengers due to schedule breakdown of some intercity trains.On the other hand, the Sadarghat Launch Terminal was flooded with home-goers, who thronged passenger vessels...

Mushfiqur Rahim responding to the crowd while celebrating

Mushfiqur Rahim responding to the crowd while celebrating his half-century against South Africa in the 2019 Cricket World Cup group match at The Oval in London on Sunday — AFP

Three workers die in Rangamati landslide

RANGAMATI, June 02 (UNB): Three construction workers were killed and two others injured in a landslide while working in the Rangamati Women's College area in the district town on Sunday.The deceased were identified as Sentu Mia, 40, Angur Ali, 65, Pappu, 40.Zahidul Haq Rony, officer-in-charge of Rangamati Kotwali Police Station,...

Dramatist, actor Mamtazuddin passes away

Eminent playwright and theatre personality Prof Momtazuddin Ahmed died at a city hospital on Sunday. He was 84, reports UNB.The renowned dramatist breathed his last around 3:48 pm while undergoing treatment at Apollo Hospitals, said his nephew Shahriar Mahmud Prince.Professor Momtazuddin Ahmed was admitted to the hospital on October 20...

Airlines want joint lifting of 737 MAX ban, but EU cautious

SEOUL, June 02 (Agencies): Airlines urged regulators on Sunday to coordinate on software changes to the Boeing 737 MAX in a bid to avoid damaging splits over safety seen when the aircraft was grounded in March.The International Air Transport Association (IATA), whose 290 carriers account for 80 per cent of...

Clash in Gulf to push oil prices above $100: Iran

LONDON, June 02 (Reuters): US military vessels in the Gulf are within range of Iranian missiles, a top military aide to Iran's Supreme Leader Ayatollah Ali Khamenei said on Sunday, warning any clash between the two countries would push oil prices above $100 a barrel.Iran and the United States have...

New hike in fuel prices to push up Pak train fares

LAHORE, June 2: Due to the recent rise in petroleum prices, a subsequent increase in train fare by two to 15 percent seems likely, sources informed on Sunday, reports Daily Times.Sources said that federal Minister for Railways Sheikh Rasheed will likely announce the increase. The new hike in AC Sleeper...

Stagnant water on the Khilgaon Flyover

A car negotiating the stagnant water on the Khilgaon Flyover, as rainwater inundated many areas across the capital on Sunday — FE Photo