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

Shares of 1200 clients sent to link accounts

Shares from over 1200 BO accounts of the clients of Crest Securities have so far been transferred into their link accounts, as the brokerage house remained shuttered since its owners went into hiding after allegedly embezzling funds and shares of the clients.The Central Depository Bangladesh Limited (CDBL) has executed the...

PM seeks global support for climate victim countries

Prime Minister Sheikh Hasina on Tuesday sought a strong support from the international community and G20 to increase adaptation finance for the climate-vulnerable countries, reports BSS."We seek strong support from the international community and G20 to increase adaptation finance for the climate-vulnerable countries," she said.While delivering keynote speech virtually at...

ECNEC approves four projects worth Tk 5.34b

The government on Tuesday approved four projects including one for conservation and development of local species of fishes and snails in the country at a combined cost of Tk 5.34 billion.Presided over by Prime Minister Sheikh Hasina, the Executive Committee of the National Economic Council (ECNEC) endorsed the projects at...

Gazprom set to drill three gas-wells at highest-ever cost

Russian oil and gas exploration company Gazprom is set to get the job of drilling three more gas-wells in Bhola at US$ 21.19 million per well that is the highest-ever cost in the country.The cost is almost double the drilling cost of the state-run Bangladesh Petroleum Exploration and Production Company...

Trains to carry passengers at full capacity from today

Bangladesh Railway (BR) will start operating all its passenger train services at full capacity from today (Wednesday).Senior Public Relation Officer of railway ministry Shariful Alam said the decision was taken in a meeting on Tuesday to normalise passenger train services maintaining heath guidelines.Railway Minister Md Nurul Islam Sujan was present...

Kamal elated over ADB's growth projection

Finance Minister AHM Mustafa Kamal expressed satisfaction over the growth projection made by the Asian Development Bank (ADB) for the current fiscal year."People of the country are working heartily in the year of Bangabandhu's birth centenary despite the pandemic. The high growth will be due to their affection to the...

Jute mill workers start receiving dues

The government has started disbursing due payments of retired and sacked workers of closed state-owned jute mills on Tuesday. Golam Dastagir Gazi, minister for the Ministry of Textiles and Jute, formally inaugurated the payment of due wages of the workers at Karim Jute Mills at Demra, Dhaka.The workers have been...

Global Covid-19 cases inching closer to 30 million mark

The number of people infected by the coronavirus pandemic is inching closer to the 30 million mark across the world with over 29.52 million infections recorded as of Tuesday night, according to the worldometer tally. The United States, the worst-affected country, continues to lead the world with over 6.5 million...

US restricts Chinese apparel and tech products, citing forced labour

The Trump administration on Monday announced new restrictions on imports of apparel, hair products and technology goods from certain Chinese companies, saying those entities had used forced labour in the Xinjiang region to make their products, reports The New York Times.The measure would allow US customs agents to detain and...