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

Aush yield hits 4-year low in FY2025

Bangladesh's Aush rice production has declined for the fourth consecutive year, falling to 2.7 million tonnes in FY25 from 2.9 million tonnes a year earlier. The output had reached a record 3.2 million tonnes in FY21.The area under cultivation also contracted to 0.94 million hectares in FY25 from 1.01 million...

Editors' Council concerned over addition of new clause

The Editors' Council (EC) on Tuesday aired deep concern over incorporating a new provision in the Anti-terrorism (Amendment) Act, warning that it might undermine the spread of people's freedom of expression and rights of mass media.Through a statement issued to the media outlets, the EC said the interim government had...

No counter-step, only discussion, says secy

Bangladesh has no plans to take any counter-step against India's recent restriction on the entry of some items from the former through land ports, Commerce Secretary Mahbubur Rahman has said. "No, we will not go for any retaliatory steps against India in response to its recent restriction. The neighbouring nation...

RMG workers block Kakrail road in city

Garment workers blocked the road in front of Kakrail Mosque on Tuesday afternoon, demanding payment of salary arrears and Eid bonus.Earlier, they demonstrated in front of the labour office in Bijoynagar and started marching towards Jamuna, the residence of the chief adviser. Police, however, barred them from going there by...

Yield on 10-year BGTBs falls substantially

The yield on 10-Year Bangladesh Government Treasury Bonds (BGTBs) dropped significantly on Tuesday, as banks expressed eagerness to invest their excess liquidity in the risk-free securities.The cut-off yield, generally known as interest rate, on the BGTBs fell to 11.88 per cent on the day from 12.48 per cent earlier, according...

6 to walk gallows for killing trader in Sirajganj

SIRAJGANJ, May 20 (BSS): A court here today sentenced six people to death for killing a vegetable trader in 2017.Senior District and Sessions Judge M Ali Ahmed pronounced the verdict and also imposed a fine of Taka 10,000 each, in default, to suffer one month more in jail.All the convicts...

Bird strike prompts Turkish Airlines flight's emergency landing in Dhaka

An aircraft of Turkish Airlines on Tuesday made an emergency landing at the Hazrat Shahjalal International Airport (HSIA) in Dhaka shortly after a successful take-off due to an unexpected bird strike in its second engine.The flight, carrying 11 crew members and 280 passengers, was on its way to Istanbul. All...

Gaza rescuers say 44 killed as Israel steps up offensive

GAZA CITY, Palestinian Territories, May 20 (AFP): Gaza's civil defence agency said Israeli strikes killed at least 44 people on Tuesday across the war-ravaged Palestinian territory, where Israel has intensified a military offensive aimed at crushing Hamas.Aid trickled into the Gaza Strip on Monday for the first time in more...

Attach property of Nafeez Sarafat, his family: Court

A Dhaka court on Tuesday ordered the attachment of 17 flats, two houses, including a 20-storey building in Gulshan-2, and some plots owned by Chowdhury Nafeez Sarafat, former chairman of Padma Bank PLC's board of director, his wife Anjuman Ara Shahid and son Chowdhury Rahib Safwan Sarafat. Judge of the...

Graduation from LDC club to create some opportunities: BB Governor

Bangladesh Bank Governor Dr Ahsan H. Mansur said that graduation from the Least Developed Countries (LDC) would create some opportunities for Bangladesh, despite the businesses having some observations.He said there is no country like Bangladesh left among the LDCs.He made the remark on Tuesday night at the inauguration ceremony of...