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

Benedicte Schilbred Fasmer pays a courtesy call on Prime Minister Tarique Rahman

President and CEO of Telenor Group Benedicte Schilbred Fasmer pays a courtesy call on Prime Minister Tarique Rahman at the Secretariat in the capital on Monday. — Focus Bangla

Gap widens 23pc to Tk 2.54t in FY25

Bangladesh's trade deficit with its largest trading partner, China, widened by nearly 23 per cent to Tk 2.54 trillion (approximately US$ 20.66 billion) in fiscal year (FY) 2024-2025, driven by higher imports of industrial raw materials from the world's second-largest economy.According to Bangladesh Bank data, the country's total outflows to...

Govt plans agro-industrial push in North Bengal to spur jobs

The government is preparing a broad initiative to expand industrialisation in the northern region, with a particular focus on agro-based industries aimed at generating employment.Prime Minister Tarique Rahman outlined the plan during a series of meetings on Monday at his office, starting at 11:00am, with leading entrepreneurs from the fruit,...

7 more die of measles, measles-like symptoms

Seven more children died of measles and measles-like symptoms during last 24 hours across the country, according to official sources.Among them, two children were confirmed cases of measles affliction, while the remaining five died of measles-like symptoms.During the period, 729 children got admitted to hospitals across the country with measles-like...

BB to introduce two reference rates

Bangladesh Bank is launching two money-market reference rates based on actual transaction data to help stakeholders understand the trend in interest rates.The central bank will be uploading the rates -- Bangladesh Overnight Financing Rate (BOFR) and Dhaka Overnight Money Market Rate (DOMMR) on the BB website regularly from April 15,...

Panic buying triggers long fuel queues across city

Motorists across the capital endured hours-long waits at filling stations on Monday as an unusual surge in demand, driven by panic buying, led to widespread queues and disruptions in fuel supply.Long queues of cars, motorcycles, pick-ups and buses were seen at pumps, with drivers spending several hours to purchase octane,...

Yield on 5-year T-bonds rises

The yield on five-year treasury bonds increased notably on Monday as banks held back from investing surplus funds in government securities, reflecting a cautious portfolio strategy amid geopolitical uncertainties.The cut off yield, generally known as interest rate, on the Bangladesh Government Treasury Bonds (BGTBs) rose to 10.75 per cent on...

Pope says he has 'no fear' of Trump after scathing criticism

Pope Leo has said he has "no fear" of the Trump administration and will continue to speak out against war after the US president launched an unusual and scathing attack over his stance on the Iran conflict, reports BBC.Donald Trump accused the pontiff of being "WEAK on Crime and terrible...

Trump posts AI image of himself as Jesus-like figure, drawing outrage

U.S. President Donald Trump posted an AI-generated image of himself as a Jesus-like figure on Sunday, drawing widespread criticism even from some religious conservatives who typically support him, before deleting the post on Monday, reports Reuters.The post on Trump's Truth Social platform came amid his escalating feud with Pope Leo,...