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

Bhola gas finds insufficient buyers as conversion plan stalls

The government is struggling to find buyers for the gas discovered in Bhola, as no international firms have shown interest in converting it into liquefied natural gas (LNG) and transporting it to the industrial belt near Dhaka. The Energy and Mineral Resources Division (EMRD) has taken steps to move the...

Rice prices keep rising despite record harvest, high imports

Rice prices continue to rise in Bangladesh despite record local production and high imports, increasing hardship for ordinary consumers.In Dhaka's retail markets, coarse rice sells at Tk 58-62 per kg, medium quality at Tk 65-72, and fine rice at Tk 75-98, marking a Tk 2-3 increase over the past two...

Govt to form multistakeholder reform committee

The government has decided to form a multistakeholder reform committee aimed at enhancing the country's tax-to-GDP ratio. Economists, trade experts, business leaders, civil society members, and journalists are expected to be included as committee members.The move comes after the dissolution of the previous National Board of Revenue (NBR) reform committee,...

Islami Bank hit by years of 'irregular hiring'

Islami Bank Bangladesh PLC (IBBL) is facing a severe financial and managerial crisis, stemming from years of irregular recruitment under the previous management linked to S Alam Group, officials say.The current management has started assessing the competency of thousands of staff who were reportedly hired without proper procedures, reports UNB.Kamal...

Salahuddin accuses Jamaat of backing vested quarter trying to disrupt elections

BNP senior leader Salahuddin Ahmed on Saturday, in an oblique reference, accused Bangladesh Jamaat-e-Islami of siding with a vested quarter trying to create political unrest and obstruct the next national election, reports UNB."We are suspecting that this political party (Jamaat) is working in support of forces trying to make the...

Khagrachhari blockade fully withdrawn

KHAGRACHHARI, Oct 4 (BSS): Jumma Chhatra Janata has lifted the blockade that was suspended in Khagrachhari.In a statement issued on their Facebook page Saturday morning, the organisation announced the lifting of the blockade, expressing optimism that the local administration would accept their 8-point demands.The statement said the decision came following...

11 infected with anthrax in Gaibandha

GAIBANDHA, Oct 04: At least 11 people were infected with anthrax after slaughtering a sick cow in Sundarganj Upazila of Gaibandha. Of them, five were admitted to Gaibandha District Hospital. The rest were receiving treatment locally.Sundarganj Upazila Health and Family Planning Officer Dr. Dibakar Basak confirmed it.Earlier, a sick cow...

BD bolster anti-trafficking measures: US TIP report

Bangladesh has been placed in Tier 2 in the US Department of State's 2025 Trafficking in Persons (TIP) Report, recognizing the country's significant and sustained progress in combating human trafficking despite ongoing challenges linked to governance transitions and global migration pressures, reports BSS."The Government of Bangladesh does not fully meet...

Ramadan may begin on Feb 19: UAE astronomers

Astronomers have predicted that Ramadan will begin on Feb 19, a Thursday, in the UAE and other Middle Eastern countries, reports bdnews24.com.Ibrahim Al Jarwan, chairman of the Emirates Astronomy Society, said, according to preliminary calculations, the new moon for Ramadan will occur at 4:01pm on Feb 17 in UAE time,...