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

Falling capital spending threatens growth prospects

Bangladesh is facing mounting fiscal pressure as capital expenditure continues to decline, raising concerns over the country's growth trajectory and poverty reduction efforts.Analysts on Saturday noted that the shift towards higher recurrent spending was limiting the government's ability to invest in long-term development.With revenue collection lagging and borrowing increasingly being...

Pakistan's Prime Minister Shehbaz Sharif shaking hands with US Vice President JD Vance (Left) and Iran's

Pakistan's Prime Minister Shehbaz Sharif shaking hands with US Vice President JD Vance (Left) and Iran's parliamentary speaker Mohammad Bagher Ghalibaf (2nd from right) during their separate meetings before US-Iran peace talks in Islamabad on Saturday. — AFP Story on Page 1

BGMEA defends RMG growth amid US probe

Bangladesh's garment industry has defended its growth model amid a US investigation, arguing that its expansion reflects global demand rather than excess capacity or market distortion.Industry leaders say the sector remains too small globally to influence prices or disrupt trade.The response comes as US authorities examine labour practices and trade...

BD imports another 8,000 tonnes of diesel from India

Bangladesh has imported an additional 8,000 tonnes of diesel from India through the Bangladesh-India Friendship Pipeline, official sources said in Dhaka on Saturday, reports BSS.The consignment has already reached the Parbatipur depot of Padma Oil Company Limited, the sources added.Kazi Md. Robiul Alam, Manager (Operations) of the Meghna Petroleum Limited,...

Digital banking involves fraud, cyber theft risks

The country needs stronger preparation before issuing licences for digital banks, as the model carries risks including fraud and cyber theft, speakers observed at a conference in Dhaka on Saturday.The central bank twice attempted to issue licences for digital banks in the past, but both efforts stalled. Digital banks operate...

US multinational Chevron carrying out works

American energy-giant Chevron gets down to carrying out work to build a compression station near onshore Jalalabad gas field to harness additional gas into Bangladesh's national gas grid, at time when the country runs short of fuels. Additional gas from the facility is expected to be available within the next...

List of canal encroachers being prepared: State Minister

State Minister for Local Government, Rural Development and Cooperatives Mir Shahe Alam on Saturday said all canals in Dhaka will be recovered and a list of encroachers is being prepared to take legal action against them, reports UNB."Encroached canals will be recovered according to CS records and maps. We are...

2 die of measles, related symptoms in last 24 hrs

At least two children died from measles and suspected infections in the past 24 hours, as the situation continues to worsen across the country, health authorities said on Saturday.With the latest fatalities, the number of confirmed deaths has remained unchanged at 24 since March 15, while suspected deaths have risen...

Artemis crew home safely after completing mission to Moon

FLORIDA, Apr 11 (BBC): The four astronauts who flew in Nasa's Artemis II mission around the Moon have splashed down safely in the Pacific Ocean after a flawless return.The crew are now safely aboard a waiting ship and recovering from a nine-day voyage that took them further from Earth than...