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

Dhaka's mass transport debacle perilously spawning personalised transports

Dhaka city sees daily commuter trips boom over 38 million amid people's mobility increase by 38 per cent in nine years largely as dislike for outmoded buses spawns personalized rides on smaller, non-motorised transports, a survey shows. The latest household survey discloses a drastic drop in shares of buses from...

Students, police clash at secretariat gate

Clashes broke out between police and a group of students from Prime Asia University at the main gate of Bangladesh's Secretariat on Tuesday.Witnesses reported the students were involved in a standoff with police, though the reason behind their protest remains unclear, reports UNB.Earlier, a four-member delegation from the university had...

Refiners seek to raise edible oil prices again

In just one month after substantially increasing the soybean- oil prices, local refiners have again proposed raising edible-oil prices on the domestic market on excuse of increased rates in the international market, industry insiders said. The Bangladesh Vegetable Oil Refiners' and Vanaspati Manufacturers' Association (BVORVMA) requested the commerce ministry on...

Economic expansion slows in Dec

The economy witnessed expansion in December 2024, though at a slower pace than the previous couple of months, as reflected in Bangladesh's Purchasing Managers' Index (PMI).In December 2024, the PMI stood at 61.7, 0.5-point down from November's 62.2, according to the latest reading released Tuesday.A PMI reading above 50 indicates...

Businesses for trade-oriented diplomacy to boost investments, exports

Business leaders at a programme on Tuesday stressed the need for more trade-oriented diplomacy and diversification of export baskets to boost investment.They were addressing a discussion jointly organised by the UK Bangladesh Catalyst Chamber Industry and the Bangladesh Textile Mills Association (BTMA) in the city.Members of the visiting British Bangladeshi...

TCB sales drive for smart cardholders begins today

The Trading Corporation of Bangladesh (TCB) starts selling key essentials today to the low-income families having the state-run organisation's smart cards, according to a press statement.The previously-issued digital card holders would not be able to buy the items. Only smart card holders can make purchases from January, the statement said.Commerce...

E-cigarette imports banned

The government has imposed a ban on the imports of e-cigarettes to protect public health.The commerce ministry recently issued a circular in this regard. As per the circular, the order will take effect as early as possible.E-cigarettes are categorised as electronic nicotine delivery system (ENDS) products. The decision to impose...

Eight directors selected to make films on July uprising

The Ministry of Cultural Affairs has selected eight directors to make films on the July uprising under its "Remembering Monsoon Revolution" programme, reports UNB.These directors will lead workshops in eight divisions of the country and produce medium-length films with the trained personnel.Suman Rahman, a member of the search committee, announced...