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

Japanese projects stall amid political transition

Most Japan-funded projects and investment plans in Bangladesh have lost momentum since the interim government took office, as officials admit there is little room to move things forward before a new administration is in place.With national elections approaching, Japanese investors and development partners appear to be taking a cautious 'wait-and-see'...

Shahidul Alam arrives in Dhaka today from Turkey

Renowned Bangladeshi photographer and human rights activist Shahidul Alam, who was released by Israeli authorities on Friday after joining a Free Palestine campaign, is expected to arrive in Dhaka at 4:55 am on Saturday, reports UNB.Earlier in the day, Shahidul Alam reached Istanbul on a Turkish Airlines flight around 2:30...

A woman wades through a waterlogged road in Hussaini Dalan area

A woman wades through a waterlogged road in Hussaini Dalan area of the capital on Friday, as heavy rains submerged different parts of the city. — FE photo

Interbank money transactions make resounding rebound with rapid rise

Interbank short-term lending and borrowing on the call-money market is making a resounding rebound, with the September turnover recording a 26.6-percent month-on-month rise to Tk 1.47 trillion.Bankers and analysts say the turnaround is taking place on the back of increasing liquidity on the money market-a development that is also easing...

RU professor killed in road accident

Prof. Shib Shankar Roy of the Marketing Department at Rajshahi University (RU) was killed in a road accident on Friday morning.Prof. Asaduzzaman Badsha of the Philosophy Department sustained serious injuries in the same accident.The incident occurred around 7:00 AM near Nowhata Jute Mill under Paba Police Station in Rajshahi.Police said...

Rough seas expose fragility of LNG supply chain

Although no major depressions have formed over the Bay of Bengal in recent weeks, Bangladesh continues to face difficulties in unloading imported liquefied natural gas (LNG) at floating storage and regasification units (FSRUs) due to rough seas and high winds.Officials said at least two LNG cargoes were delayed in September,...

All airports on alert over fear of cyberattacks

The Civil Aviation Authority of Bangladesh (CAAB) fears cyberattacks on all the airports in the country, following recent cyber attacks on some important European airports. The organisation has already issued a 10-point directive to avert any possible cyberattacks at the country's airports and to ensure uninterrupted air travel.In its instructions...

Three persons found dead in city

Police have recovered the bodies of three people, including a woman, from separate locations in the capital's Shahbagh area, report agencies.The three were found unconscious at different times and taken to Dhaka Medical College Hospital (DMCH) on Thursday, where doctors declared them dead, according to Md Khaled Monsur, chief of...

309 more Bangladeshis return home from Libya

A total of 309 irregular Bangladeshi migrants have returned home from Libya under a joint initiative by the Embassy of Bangladesh in Tripoli, the Ministry of Foreign Affairs, and the Ministry of Expatriates' Welfare and Overseas Employment, with support from the Libyan government and the International Organization for Migration (IOM),...

Four die drinking alcohol on Durga Puja in Bogura

BOGURA, Oct 10 (UNB): Four people died after excessive alcohol consumption on the final night of Durga Puja celebrations, Dashami, in Bogura.Abdul Manik (25) died Friday morning and Abdullahel Kafi (30) in the afternoon at Shaheed Ziaur Rahman Medical College (SZMC) Hospital.Earlier, Mizanur Rahman Mondal (50) passed away on Tuesday...

Justice Md Ashfaqul Islam to act as CJ from Oct 14-18

Justice Md Ashfaqul Islam will act as Chief Justice (CJ) from October 14 to October 18, during the Thailand visit of Chief Justice Syed Refaat Ahmed, reports BSS."During this time, or till Chief Justice Syed Refaat Ahmed joins his office, Justice Md Ashfaqul Islam will observe the duty of Chief...

Ex-Naval Chief Sarwar Jahan Nizam passed away

Former Chief of Naval Staff Vice Admiral Sarwar Jahan Nizam passed away on Friday morning, report agencies. He was 73.He breathed his last at 9:15 am at the Combined Military Hospital (CMH) in Dhaka, according to a statement from the Inter-Services Public Relations (ISPR).The Bangladesh Navy, led by the current...