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

Rice prices up at home despite global fall, hurting low-income people

Prices of rice are increasing in local markets despite a decline in the global market, causing hardship for lower-income groups in Bangladesh.Global rice prices fell in June, as shown in the UN Food and Agriculture Organization's (FAO) latest monthly report. The FAO All Rice Price Index dropped to 105.5 points...

BD Police calls for not taking counter steps

Bangladesh Police, a state law-enforcement agency, has urged the government not to take any counter-step against India's recent restrictions on the entry of some items from the former.Although Bangladesh has already taken a counter- measure after cancelation of transshipment facility by India for Bangladesh's export cargoes to third countries via...

Ctg Customs collects Tk 754.32b revenue in FY 2024-25

CHATTOGRAM, July 04: The Chattogram Customs House (CCH), the largest revenue-collection centre in Bangladesh, collected a total of Tk 754.32 billion in revenue in the last fiscal year (2024-25).The CCH had collected a total of Tk688.66 billion revenue in the previous fiscal (2023-24). The collection of revenue of CCH has...

Farm credit disbursement marks 28.9pc rise in May

Disbursements of farm credit posted a robust 28.9-percent year-on-year growth in May last, according to the latest data from Bangladesh Bank (BB).Agricultural loans amounting to Tk 41.11 billion were disbursed in May this year, compared to Tk 31.91 billion during the same month in 2024.However, the disbursement of agricultural credit...

Record cold grips Argentina, Chile and Uruguay

SANTIAGO, July 4 (AFP): A polar air mass has brought record low temperatures to Argentina, Chile and Uruguay, causing at least 15 deaths and forcing governments to restrict gas supplies and activate emergency shelters.The three South American countries have all recorded sharply below-zero temperatures as the polar air originated from...

Malaysia arrested Bangladeshis in connection with network 'funding IS in Syria, Bangladesh'

Malaysia's police chief says authorities in the country have dismantled a network among Bangladeshi expatriate workers in the country that used social media to spread extremist ideology and raise funds for the Islamic Statem (IS) militant group, according to media reports.In a televised press conference, Inspector-General of Police Mohd Khalid...

No credible election possible without major reforms, says Jamaat Ameer

RANGPUR, July 4 (UNB): Bangladesh Jamaat-e-Islami Ameer Dr Shafiqur Rahman on Friday said a free and fair election is not possible without fundamental reforms.Speaking to reporters at Saidpur Airport in Nilphamari before attending a public rally in Rangpur, he said, "Mob culture has been prevailing in the country for a...

Transactions through cards witness 228pc rise in 5 yrs

Transactions through cards maintain a steady growth in Bangladesh, indicating a positive trend towards a more digitalized and cashless financial ecosystem, reports BSS.Over the past five years, both the issuance of debit, credit and prepaid cards, as well as the transaction volume has increased significantly in the country, according to...