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

RMG makers to seek buyers' support in emerging situation

Apparel makers are now considering writing US buyers seeking their patience and support in the wake of the emerging situation over new US tariff regime, insiders said.A number of the leading makers sat on Sunday night to brainstorm as to how they can cope with the situation in support with...

The snap shows a chaotic movement of buses in a street creating gridlock in the capital's Gulistan

The snap shows a chaotic movement of buses in a street creating gridlock in the capital's Gulistan area on Sunday, the first working day after a long nine-day Eid vacation. — FE Photo

BTRC moves afresh to introduce NEIR

Bangladesh Telecommunication Regulatory Commission (BTRC) is once again moving forward with the implementation of the National Equipment Identity Register (NEIR), aiming to curb illegal handset usage through a triplet-based registration system. However, industry insiders warned that the complex deregistration process-requiring a match of the device's IMEI, user's National ID (NID),...

Yields on T-bills continue to rise

The yields on treasury bills (T-bills) continued to show an upward trend on Sunday as banks expressed unwillingness to invest their excess liquidity in the securities.The cut off yield, generally known as interest rate, on the 91-Day T-bills rose to 11.24 per cent from 10.90 per cent of the previous...

Islami Bank MD sent on forced leave

Managing Director (MD) of Islami Bank Bangladesh PLC Mohammed Monirul Moula has been sent on forced leave for three months.The decision was taken at the bank's board meeting on Sunday, a senior executive of the bank confirmed the development to the FE.He said the bank's Additional Managing Director Omar Faruk...

Imam among three killed in Cox's Bazar clash

Cox's Bazar, Apr 6 (UNB): Three people including an imam were killed in a fierce clash between two neighbours over a disputed land in Cox's Bazar's Ukhiya upazila on Sunday.The deceased were identified as Abdullah Al Mamun, his rivals Abdul Mannan and Shahina Begum, hailing from Paschimpara of Kutupalong union...

Israel changes account of Gaza medic killings as video showed deadly attack

Israel's army has admitted its soldiers made mistakes over the killing of 15 emergency workers in southern Gaza on 23 March.The convoy of Palestinian Red Crescent Society (PRCS) ambulances, a UN car and a fire truck from Gaza's Civil Defence came under fire near Rafah.Israel originally claimed troops opened fire...