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

25th AGM of International Publications Limited held

The 25th Annual General Meeting (AGM) of the International Publications Limited (IPL), the owning company of The Financial Express, was held in the boardroom of the Apex Footwear Limited on Saturday. Mr Mahbubur Rahman, chairman, IPL, presided over the AGM. - FE Photo

Boro production cost skyrockets

The skyrocketing input costs during this Boro season are expected to contribute to a further rise in rice production expenses, compounding the challenges for farmers already struggling with exorbitant costs.Amid a lower fertiliser stock in government reserves, traders are charging an additional Tk 6-10 per kilogramme (kg) for both urea...

Smart Family Cards likely to be replaced by next month

The government is expecting to complete processing the 'Smart Family Cards' next month (January 2025) to replace the existing digital cards used for distributing key essential commodities at subsidised rates among 1o million low-income people across the country.Sources at the Trading Corporation of Bangladesh (TCB) said 5.7 million cards have...

Two train sets, bus corridor open on Dhaka-Joydevpur route today

Commuters on the Dhaka-Joydevpur route are likely to enjoy improved bus and train services with the launch of two sets of commuter trains and a dedicated bus corridor today (Sunday).Road transport, bridges and rail adviser Mohammad Fouzul Kabir Khan will inaugurate both services in the presence of officials of both...

Inflation to come down below 5pc by FY26: BB Governor

Bangladesh Bank (BB) Governor Dr Ahsan H Mansur has expressed his optimism that the general point to point inflation rate would come down below 5 per cent by the next fiscal year (FY 2025-26)."Our aims are to bring inflation down to 7 percent by next June. We'll bring it down...

Fresh tenders floated to buy two spot LNG cargoes

State-run Rupantarita Prakritik Gas Company Ltd (RPGCL) floated one fresh tender and reissued an earlier tender to procure two spot LNG (liquefied natural gas) cargoes, said a senior RPGCL official.The fresh tender is to purchase one LNG spot cargo for January 05-06 delivery, while the re-tender is targeted towards purchasing...

India listed as 'uncooperative' country by US ICE

The US Immigration and Customs Enforcement (ICE) has added India to its list of 'uncooperative' countries, accusing the listed nations of failing to cooperate adequately in deportation processes.In addition to India, the list includes Bhutan, Cuba, Iran, Pakistan, Russia, and Venezuela. ICE stated that these countries have failed to assist...