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

Govt moves to curb power generation costs

In a bid to rein in soaring electricity subsidies and generation costs, the government has initiated a plan to reduce expenditure at power plants where it holds full or partial ownership, officials said.The initial focus will be on trimming operating and maintenance (O&M) costs through discussions and negotiations with state-owned...

Tajuddin Ahmad's daughter Sharmin Ahmad and son Tanjim Ahmad Sohel Taj meet Chief Adviser Prof Muhammad Yunus

Bangladesh's first Prime Minister Tajuddin Ahmad's daughter Sharmin Ahmad and son Tanjim Ahmad Sohel Taj meet Chief Adviser Prof Muhammad Yunus at the State Guest House Jamuna in Dhaka on Thursday and invite him to an event marking the centenary of their father's birth. — PID

Direct buying may boost RMG exports

Direct cotton sourcing from US farmers could boost apparel exports to the country amid rising trade tensions and tariff uncertainties, said a Bangladeshi-born American entrepreneur on Thursday. American cotton farmers wield political influence through their Congressional representatives and senators from cotton-growing states, said Aswar Rahman, chief executive officer of AmeriBangla...

BSF pushes 24 people into Bangladesh

PANCHAGARH, July 17 (BSS): The Indian Border Security Force (BSF) has pushed 24 people into Bangladesh through separate border points in Shingroad border in Sadar upazila and Malkadanga border of Boda upazila of the district.Of them, six individuals were pushed into Bangladesh in the early hours of Thursday through the...

Updated voting list to enrol many eligible new voters

An updated voting list will enroll more eligible new voters to vote in the next elections in Bangladesh under provision of the just-amended law. The Council of Advisers of the interim government Thursday approved the draft Voters' List (Amendment) Ordinance 2025 that provides for enlisting more eligible new voters, said...

High Court seeks all docs of Orion Accom-Belhasa JV firm

The High Court has called for all the documents of Belhasa Accom and Associates Limited alias Orion Infrastructure Limited, a joint-venture company which constructed the Jatrabari-Gulistan flyover, for alleged irregularities in share transfers and bank borrowings. The Office of the Registrar of Joint Stock Companies and Firms (RJSC) has been...

Bangladesh secure 4th win, beat Bhutan

Bangladesh secured their fourth consecutive win in the SAFF Women's U-20 Championship beating Bhutan 3-0 at Bashundhara Kings Arena Practice Ground in the city on Thursday, report agencies.Trishna Rani scored a brace, and the other goal came from Munki Akter.Maintaining their unbeaten run in the tournament, Bangladesh sits atop the...

Islami Bank chairman quits amid BFIU probe

Chairman of Islami Bank Bangladesh Obayed Ullah-Al Masud has resigned from the board nearly 10 months after his appointment by the central bank, officials have confirmed.Mr Masud, having 40 years of banking experience, sent his resignation letter to the board of the shariah-based bank on Thursday, executives of the bank...

Gaza aid point crush kills 20 people

GAZA CITY, Palestinian Territories, July 17 (AFP): A crush at an aid centre in southern Gaza killed at least 20 people on Wednesday, with the site's operator blaming "agitators" within the crowd and the Palestinian territory's civil defence agency attributing the panic to Israeli gunfire.It was the first time that...

Rights group condemns abolition suggestion

Social Resistance Committee (Samajik Protirodh Committee) strongly protested national unity commission's (NUC) recommendation to abolish the current system of reserved seats for women in parliament.The platform of 67 women, human rights and development organisations, said that the recommendation would be contradictory to constituency, national policy, United Nations convention and SDG....

AL is a terrorist organization: Nahid

RAJBARI, July 17 (BSS): National Citizens Party (NCP) Convener Nahid Islam on Thursday said Awami League is not a political party but a 'terrorist organization', alleging that it is responsible for enforced disappearances, killings, and widespread disorder in the country. He emphasized the need to confront the Awami League not...