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

Energy ministry seeks swift project approvals

Nearly 20 months after first seeking exemptions from mandatory feasibility studies for selected gas- exploration projects, the Ministry of Power, Energy and Mineral Resources has renewed its push for broader regulatory relaxations to accelerate domestic gas production amid mounting dependence on imported liquefied natural gas (LNG).In two demi-official (DO) letters...

Traffic through Hormuz slows as tensions flare

Liquefied natural gas tankers have passed through the Strait of Hormuz in recent days, ship-tracking data showed, and 22 Japan-linked vessels have left the Gulf since Tuesday, but overall daily traffic has slowed as tensions flare in the Middle East, report agencies.Shipping companies and governments are monitoring the Strait of...

2 Bangladeshis shot dead in South Africa within 24 hours

Maizdee, Jul 9 (UNB): Two Bangladeshi nationals were shot dead by unidentified assailants in separate incidents in South Africa within 24 hours, raising fresh concerns over the safety of Bangladeshi expatriates in the country.The latest victim, Belal Hossain Sumon, 34, a Bangladeshi businessman from Noakhali, was shot dead inside his...

Apr large-scale manufacturing highest in 10 months

The country's large-scale manufacturing sector recorded its strongest growth in April, ramped up by a sharp rebound in clothing production after months of volatile industrial activity.Data released by the Bangladesh Bureau of Statistics (BBS) showed the Large Scale Manufacturing Index expanded by more than 20 per cent year-on-year in April,...

Three more die in suspected measles cases

The health authorities registered three more casualties due to measles-like symptoms in the past 24 hours until Friday 8:0 am.With the new fatalities, the measles-related deaths rose to 750 since mid-March this year. Of the total fatalities, 93 were confirmed cases, according to the Directorate General of Health Services (DGHS)...

Eviction drive conducted at metro station

Dhaka Mass Transit Company Limited (DMTCL) conducted an eviction drive at the ground level of the Mirpur-10 MRT Line-6 metro station in Dhaka.The drive was conducted from 9:00 am to 1:00 pm on Friday in the presence of Executive Magistrates Md Shajahan Ali, Md Jahidul Islam and Nazrul Islam.The drive...

Vehicles queue up as buses pick up passengers at the entrance to the Babubazar Bridge

Vehicles queue up as buses pick up passengers at the entrance to the Babubazar Bridge in the capital, obstructing traffic and causing congestion every day. The photo was taken on Friday. — FE Photo by K Asad-Uz-Zaman

One killed, another injured in gas cylinder explosion at Bangshal

A trader was killed and his cousin sustained burn injuries after a gas cylinder exploded at a motor parts shop in the Bangshal area of the capital early Friday, reports UNB.The deceased was identified as Delwar Hossain, 35, a resident of Sharsha upazila in Jashore and owner of the shop...

National Press Club and Pyaythai-2 International Hospital in Thailand sign a MOU

The National Press Club and the Pyaythai-2 International Hospital in Thailand sign a memorandum of understanding (MOU) on Friday at the National Press Club in Dhaka. Pyaythai-2 Hospital Marketing Director Sorawong Siribunpan and National Press Club President Hasan Hafiz sign the MoU on behalf of their respective sides.Under the MoU,...

China's economy likely cooled in second quarter: analysts

BEIJING, July 10 (AFP) : China's economic growth likely slowed in the second quarter of the year, according to an AFP survey, though strong exports linked to a global AI boom helped offset trade disruptions and high energy prices caused by the Middle East war.The world's second-largest economy is increasingly...