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

Petrobangla struggles to recover Tk 2.1b stuck in seven troubled banks

State-owned energy corporation Bangladesh Oil, Gas and Mineral Corporation (Petrobangla) is facing mounting challenges in recovering Tk 2.10 billion placed as fixed deposits in seven troubled private and scheduled banks, raising concerns over funding for key gas-development projects.Despite the maturity of the fixed deposit receipts (FDRs), the banks have reportedly...

Prices of some Ramadan consumables surge

Prices of many essential commodities, including beef, chickens, lemon, cucumber, dates, green chilli, brinjal, and chickpeas, have risen ahead of the fasting month of Ramadan, which is expected to begin on Wednesday or Thursday, depending on the moon sighting.Beef prices started climbing during Shab-e-Barat on the night of February 3.On...

Stop attacks, implement July Charter

The Jamaat-e-Islami-led 11-party alliance on Monday called on the BNP leadership to stop "attacks" on their leaders and activists across the country, warning of a tougher movement if such incidents of attacks continue.At a protest rally held at the north gate of Baitul Mukarram National Mosque in the city, the...

NCP signs July National Charter, CA extends thanks

National Citizen Party (NCP) has signed the July National Charter, giving it compete shape on the aspects of approval of all stakeholders.The charter was endorsed by most of the stakeholders of the Consensus Commission of the Interim Government but the NCP remained absent from signing the instrument saying signing would...

Acute gas crisis hits Narayanganj industrial zone

Textile mills and other factories in Bhulta, Gawchia and Araihazar areas of Narayanganj are facing a severe gas crisis, as supply lines have virtually dried up, industry sources said.Most factories recorded zero PSI gas pressure on their meters since Monday morning, forcing production to halt.Industry insiders said gas pressure has...

Seven dead, 350 hurt in post-poll violence, says MSF

At least seven people have been killed and 350 others injured in a wave of post-election violence that has swept across 26 districts since the results were announced, according to rights group Manabadhikar Shongskriti Foundation (MSF).In a statement issued on Monday, three days after the election, MSF said the findings...

Rangs Electronics MD, 2 others face travel ban

A Dhaka court on Monday imposed a travel ban on consumer electronics company Rangs Electronics Limited Managing Director (MD) Ekram Hussain, his brother and company Deputy Managing Director (DMD) Beanus Hussain and their mother Sachimi Ogawara Hussain, reports BSS.Dhaka Metropolitan Senior Special Judge Md Sabbir Faiz passed the order, allowing...

Dr Haseeb made first DCU VC

DHAKA, Feb 16 (BSS): Professor Dr ASM Abdul Haseeb of Bangladesh University of Engineering and Technology (BUET) has been appointed as the first Vice-Chancellor (VC) of the newly formed Dhaka Central University (DCU) for seven colleges in the capital, reports BSS.The appointment was announced in a gazette notification issued by...

Dhaka world’s third most polluted city

Dhaka, the densely populated capital of Bangladesh, ranked third among the world's most polluted cities on Monday morning, recording an Air Quality Index (AQI) of 248 at 8:11 am, reports UNB.On Monday, the city's air was classified as 'very unhealthy', indicating a serious health threat, according to the AQI report.Dakar...

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Additional traffic police to be deployed in Dhaka for smooth movement during Ramadan

Additional traffic police will be deployed across the capital to ease congestion and ensure smooth movement of vehicles and pedestrians during the upcoming holy month of Ramadan, a senior Dhaka Metropolitan Police (DMP) official said on Monday, reports UNB. Md Anisur Rahman, Additional Commissioner (Traffic) of the DMP, made the...