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

Govt purging 'political' projects from dev prog

The interim government gets tougher with politically motivated and less-important projects as it has started scrapping such schemes from the current Annual Development Programme (ADP), officials said on Tuesday.It is also not allowing any pipeline projects, which were undertaken and prepared by the Sheikh Hasina-led administration on political grounds.The Planning...

Prof Dr Muhammad Yunus, chief adviser of the interim government, visits the Dhaka University campus

Prof Dr Muhammad Yunus, chief adviser of the interim government, visits the Dhaka University campus on Wednesday to see for himself the graffiti drawn by young revolutionaries during the student-led mass uprising in July and August. — FE Photo

AL calls him the 'Father of the Nation' but we will not continue that

Nahid Islam, information and broadcasting adviser, says the interim government does not consider Bangabandhu Sheikh Mujibur Rahman as the 'Father of the Nation'.He made the statement at the Secretariat in response to a question from the media on Wednesday, reports bdnews24.com.Asked why the interim government had decided to withdraw the...

Gas supply rises to 1,000 mmcfd from today

CHATTOGRAM, Oct 16: Gas supply from two floating storage and regasification units (FSRUs) at Moheshkhali will increase to 1,000 million cubic feet per day from today (Thursday) as an LNG-laden ship reached the facility on Wednesday.According to sources, the interim government earlier approved a proposal for procuring non-renewable liquefied natural...

Retenders floated to purchase two spot LNG cargoes

State-run Rupantarita Prakritik Gas Company Ltd (RPGCL) has floated retenders to purchase two spot liquefied natural gas (LNG) cargoes for November 3-4 and November 10-11 delivery windows.The RPGCL re-tendered for these two spot LNG cargoes after cancelling the initial tenders as these did not fulfil the minimum criteria to get...

BNP seeks review of verdict that annulled caretaker govt

BNP Secretary-General Mirza Fakhrul Islam Alamgir filed a petition on Wednesday on behalf of his party seeking a review of the apex court's verdict that annulled the Caretaker Government system in the Constitution. At the same time, an allegation was also brought against former Chief Justice ABM Khairul Haque in...

Matia Chy passes away

Veteran politician and former minister Matia Chowdhury, a towering figure in Bangladesh's politics, passed away at the age of 82, reports UNB.She breathed her last at Dhaka's Evercare Hospital on Wednesday afternoon after suffering a cardiac arrest earlier in the day.Arif Mahmud, general manager of the hospital, confirmed the news...

Foreign Secy seeks UN cooperation in combating illicit financial flows

Foreign Secretary Md. Jashim Uddin has called upon the UN to cooperate in addressing tax evasion and combating illicit financial flows while highlighting the interim government's priority over recovering stolen assets.He made the urge as he met UN Under-Secretary-General for Economic and Social Affairs Li Junhua, in the UN Headquarters...

Govt releases Tk 4.0b export incentives

The government has released cash incentives of Tk 4.0 billion against export earnings.It is the second portion under the first installment for the current fiscal year (FY 2024-25).Export-oriented sectors like readymade garment (RMG), frozen shrimp and other fish, leather items, jute and jute products enjoy such incentives, according to an...

Nigeria fuel tanker explosion kills 140 plus

MAJIYA, Nigeria, Oct 16 (AFP): An explosion has killed more than 140 people in northern Nigeria as crowds rushed to collect fuel spilling from a crashed tanker, officials told AFP on Wednesday.It's the latest such accident at a time when petrol has become a precious commodity during Nigeria's worst economic...

Three more die of dengue ----

Three more deaths were reported from dengue in 24 hours till Wednesday morning, raising the number of fatalities from the mosquito-borne disease in Bangladesh to 226 this year.During the period, 1,186 more patients were hospitalised with viral fever, according to the Directorate General of Health Services (DGHS), reports UNB.Of them,...

Safe food still a long haul: BFSA roundtable

The access to safe food is still a long haul for the Bangladeshis as harmful practices prevail from production to consumption, a serious public health concern, speakers said at a roundtable discussion on Wednesday.They also underscored the need for initiating a bold movement to ensure people's right to safe food...