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

Egg, chilli give some relief as prices drop

Prices of nutrition-rich commodity egg and another essential item, green chilli, declined last week, thanks to multiple initiatives taken by the interim government.On the other hand, the price of Sonali chicken variety increased notably during the period. Vegetable prices also remained at their previous highs.The price of a dozen eggs...

Chief Adviser Yunus returns to work after hospital visit

Chief Adviser Muhammad Yunus has resumed his duties after undergoing a minor skin procedure at Dhaka's Combined Military Hospital."The chief adviser underwent a minor procedure to remove a skin lesion at the Combined Military Hospital on Thursday. He returned to his regular activities this morning," Shafiqul Alam, press secretary to...

Credit card usage drops in August

The trend in credit-card transactions in all categories in Bangladesh showed a noticeable decline in August 2024, as economic activity across the country was in a downward trajectory.The Bangladesh Bank (BB) data revealed that domestic transactions within Bangladesh witnessed a slight decrease of 0.45 per cent, amounting to Tk 23.32...

Expenditure rises by Tk 65.73b, time 3yrs

CHATTOGRAM, Oct 18: The cost of Matarbari Deep-sea Port at Moheshkhali, Cox's Bazar, has been revised up by 37 per cent or Tk 65.73 billion.The project cost has now stood at Tk 243.81 billion after the first revision that saw a slight rise to Tk 178 billion from the initial...

BB urged to set a 'roadmap' to recover Tk 8.74b climate fund from Padma Bank

The government has asked the central bank to set a 'roadmap' towards recovering around Tk8.74 billion of its climate fund, including principal amount and interest, stuck in crisis-ridden private bank Padma Bank, sources said.To this effect, the finance ministry issued an instruction on October 15 to take next course of...

Yunus-led interim govt may induct some new faces this month

The council of advisers led by Dr Muhammad Yunus is likely to induct some new faces this month to speed up administrative activities, according to official sources at the Secretariat, reports UNB.Moreover, the distribution of ministries and departments may see a reshuffle, said the sources familiar with the thinking.The interim...

India PM Modi returning to Russia for BRICS summit

NEW DELHI, Oct 18 (AFP): Indian Prime Minister Narendra Modi will attend this month's BRICS summit in Russia, New Delhi said Friday, weeks after his friendly hug with President Vladimir Putin drew condemnation from Ukraine.Modi's government has longstanding ties with Moscow that have persisted despite India's courtship of closer security...

A man stands near the rubble of a building levelled by an Israeli airstrike

A man stands near the rubble of a building levelled by an Israeli airstrike that targeted the southern Lebanese village of Abbassiyeh on Firday, amid the ongoing war between Israel and Hezbollah. — AFP

N. Korea to send '12,000 soldiers' for Russia's war in Ukraine: Yonhap

SEOUL, Oct 18, (AFP) : North Korea has decided to send "large-scale troops" to support Russia in its war against Ukraine, South Korea's Yonhap news agency reported Friday, citing Seoul's spy agency."The National Intelligence Service said it has learned that the North has recently decided to send four brigades of...

Three dengue patients die, 411 hospitalised

Three dengue patients died while 411 others were admitted to different hospitals in the country during the last 24 hours as of Friday morning, reports BSS."During the period, 210 dengue patients were hospitalised in Dhaka city, while 201 were admitted to different hospitals outside the capital," said a press release...

Six Palli Bidyut employees put on remand

A Dhaka court on Friday placed six employees of Palli Bidyut Samity (PBS) on a three-day remand each in two separate sedition cases filed against them for their alleged role in destabilising the power sector, reports BSS.The PSB employees are Rajon Kumar Das, Asaduzzaman Bhuiyan, Dipak Kumar Singha, Rahat, Monir...

Pakistan province shuts schools, universities amid student unrest

LAHORE, Pakistan, Oct 18 (AFP) : Authorities in Pakistan's most populous province ordered all educational institutes shut for Friday, as students stage protests after reports of a college campus rape spread online.The closure, which encompasses playgroups to universities, will affect about 26 million children in addition to adult learners in...