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

Govt to fix tariffs for nine power plants after years of anomalies

The interim government has moved to set rates for nine large power plants that have been selling electricity to the Bangladesh Power Development Board (BPDB) without official tariff approval. However, the power plants in question are owned by the state-run entities, fully or partially.These power plants, with a combined capacity...

Promote capable, apolitical officers

Chief Adviser Prof Muhammad Yunus on Sunday urged members of the Army Headquarters Selection Board to promote officers who have demonstrated capable leadership throughout their military careers while remaining above political ideology, reports UNB.The Chief Adviser's instruction came when he formally inaugurated the 'Army Headquarters Selection Board-2025' at the Army...

Health project stumbles over plagiarism

The Planning Commission has flagged a proposed Tk 19.66 billion health project for plagiarism in its feasibility study, overlapping activities with another similar project, and inconsistencies in planning and budgeting.The project, titled "Implementation of Unfinished Essential Family Planning, Maternal, Child and Reproductive Health Services Activities from the Concluded 4th Sector...

Commission shares draft consensus with political parties

The National Consensus Commission on Sunday shared the draft consensus with the political parties on the appointment of chief adviser of the caretaker government and asked for immediate response with suggestions if any.The commission prepared the draft based on agreement of the political parties that sat with it in long...

T-bill yields slip below 11pc as banks shift gears

Yields on Treasury bills (T-bills) dipped below the 11 per cent mark on Sunday, as banks turned to risk-free government securities to park their surplus liquidity amid waning credit demand from the private sector.According to the latest auction results, the cut-off yield -- commonly referred to as the interest rate...

Rapid passes launched for Hatirjheel spl, BRTC bus services

After metro rail, rapid passes have now been introduced for bus services, giving bus passengers an opportunity to have a taste of a smart mass transport system. The facility was officially launched on Sunday for Hatirjheel special bus service and waterbus service as well as a BRTC bus service on...

32 Palestinians shot dead trying to reach US group's food distribution sites

DEIR AL BALAH, July 20 (AP): Israeli troops opened fire Saturday toward crowds of Palestinians seeking food from distribution hubs run by a US- and Israeli-backed group in southern Gaza, killing at least 32 people, according to witnesses and hospital officials.The shootings occurred near hubs operated by the Gaza Humanitarian...

Tk 4.0b property of ex-minister Golam Dastagir Gazi attached

The Criminal Investigation Department (CID) has attached 4,880 decimals of land worth about Tk 4.0 billion belonging to former textile and jute minister Golam Dastagir Gazi.The CID, in a press release on Sunday, informed that it has attached 4,879.92 decimals of land, whose deed value is Tk 165.28 million and...