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

BB issues master circular on outward remittances

Bangladesh Bank (BB) has issued a comprehensive master circular on outward remittances, consolidating all existing regulatory instructions into a single reference document.The circular, released on September 30, will remain effective for one year from the date of issuance. It aims to simplify and clarify the regulatory framework for outward remittances,...

Shipping agents again urge govt to reconsider rate hike

Vessel operators using Chittagong seaport have once again urged the government and the port authority to reconsider the newly announced tariff schedule, calling the proposed rate hike "unprecedented" and "commercially unsustainable".They requested that the increase be limited to between 10 and 15 per cent and implemented in phases, with at...

Issues of elderly citizens to be included in reforms agenda

Different issues related to the wellbeing of the elderly citizens would be added to the reforms agenda, Planning Adviser Wahiduddin Mahmud disclosed on Sunday. "If policies are required (for the wellbeing of the senior citizens), some of them can be prepared within a short period," said Mr Mahmud.He added that...

Hearing on proposed gas tariff hikes for fertiliser cos today

A public hearing on the proposals for a sharp increase in the gas tariffs for state-run fertiliser factories will be held today (Monday), amid growing concerns over energy costs and its supply shortfall.The Bangladesh Energy Regulatory Commission (BERC) has scheduled the hearing at the BIAM Foundation auditorium in Dhaka from...

Hamas, Israel, US delegations in Cairo to finalise deal

Negotiators were converging on Cairo on Sunday ahead of talks aimed at ending nearly two years of war in Gaza, with Israel's leader expressing hope that the hostages still being held there would be released in a matter of days, reports agencies.The diplomatic moves came after the Palestinian militant group...

Chikungunya spreads fast in Dhaka: IEDCR

Siddiqur Rahman, a college teacher from the city's Azimpur area had been suffering from high fever and severe fatigue in late August for several days.Following doctor's advice, he underwent a number of tests and tested Chikungunya positive."What began as a mild fever soon turned into excruciating joint pain that left...

Woman dies with symptoms of anthrax in Gaibandha

GAIBANDHA, Oct 05: A woman named has died with symptoms of anthrax in Sundarganj Upazila of Gaibandha.The deceased was identified as Ajena Begum (45), wife of Abul Hossain under West Belka village of Belka union in Sundarganj Upazila. Panic has spread in the area following this incident.According to local sources,...

Banks shift to short-term T-bills ahead of election

Yields on Treasury bills (T-bills) showed a mixed trend on Sunday as banks channelled their excess liquidity into short-term government securities rather than longer-tenure ones amid heightened caution ahead of the upcoming national election. The shift reflects banks' preference for shorter maturity periods in managing risk and maintaining flexibility in...