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

PM for global unity to stop ongoing conflicts

Prime Minister Sheikh Hasina on Friday said trust deficit among nations and lack of respect for international laws led to the ongoing war in Europe and carnage in Palestine and called upon the global leaders to unite to put an end to the conflicts, reports BSS."These conflicts call for an...

Wheat flour price records fresh rise

After rice, price of the second staple, wheat flour, also marked a hike again last week, intensifying woes of the commoners further.Price of coarse flour or atta surged to Tk55-68 from Tk45-60 a kg while that of finer flour or maida to Tk65-75 a kg from Tk 58-68 a kg,...

Egyptian paramedics transfer an injured Palestinian boy

Egyptian paramedics transfer an injured Palestinian boy to an ambulance after being transported from the Gaza Strip via the Rafah border crossing on Friday, as battles between Israeli forces and the Palestinian Hamas movement continue. — AFP

Agent banking down 12pc in Sept

The country's agent-banking transactions witnessed a 12.94-percent decline in September this year compared to the previous month, according to the central bank, indicating a slowdown in economic activity and a cumbered flow of funds.Besides, the number of transactions decreased by 9.03 per cent in September compared to August.Other key banking...

Dhaka weighs option to transact with Yangon

Bangladesh is considering an option for resuming financial transactions with an alternative bank, UAB, of Myanmar following US sanctions on two commercial banks in the neighbouring country.As part of the process, sources said, commerce ministry has asked the Bangladesh Bank (BB) to chart the next course of action and communicate...

'Conditions don't allow for meaningful discussions'

Bangladesh Awami League appreciates the outpouring of international support for the country's upcoming national elections, the party's General Secretary Obaidul Quader said in a letter to Donald Lu, US Assistant Secretary of State for the Bureau of South and Central Asian Affairs at the US Department of State and US...

Launch operation on all routes suspended

Bangladesh Inland Water Transport Authority (BIWTA) suspended on Friday launch operation on all routes across the country due to adverse weather under the impact of cyclonic storm Midhili.Earlier cyclone Midhili crossed the coastal line of the country on the day (Friday). A high official at BIWTA told the FE that...

US removes Chinese lab from sanctions in fentanyl crackdown deal

WASHINGTON, Nov 17 (AFP) : The United States on Thursday removed a Chinese research institute from its sanctions list, following a deal between the two countries to crack down on fentanyl trafficking."The continued listing of the (Institute of Forensic Science) on the list was a barrier to achieving cooperation on...

US Fed governor says a 'soft landing' is possible

WASHINGTON, Nov 17 (AFP) : The US Federal Reserve may be on track to bring down inflation while avoiding a damaging recession, a senior policymaker said Thursday.The Fed recently voted to hold interest rates at a 22-year high, raising hopes among investors that it can achieve a so-called "soft landing"...

Biden signs temporary spending bill

SAN FRANCISCO, Nov 17 (AP) : President Joe Biden on Thursday signed a temporary spending bill a day before a potential government shutdown, pushing a fight with congressional Republicans over the federal budget into the new year, as wartime aid for Ukraine and Israel remains stalled.The measure passed the House...