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

Pilot tried everything to minimise damage: ISPR

The pilot of the military jet that crashed in Diabari made an "all-out effort" to minimize damage, according to the Inter-Services Public Relations (ISPR), reports bdnews24.com.The crash resulted in at least 20 fatalities, mostly students, and injured 164 others. The pilot was also among the deceased.As part of a routine...

Wheat imports surge as local production declines

Bangladesh's reliance on imported wheat has hit a new high, with the country bringing in a record 6.2 million tonnes in FY24 -- the third-largest volume in its history -- as domestic production continues to fall short of growing demand.A decade ago, wheat imports hovered between 2.5 to 3.0 million...

IMF chief seeks to discuss future coop with CA

After releasing $1.3 billion in late June, the chief of the International Monetary Fund (IMF) now wants to engage herself in identifying areas of future cooperation with Bangladesh, officials said.Kristalina Georgieva, the managing director of the IMF, is also interested in helping set up a framework on future working mechanism...

BTTC suggests cut in edible oil prices

The Bangladesh Trade and Tariff Commission (BTTC) has suggested reduction of palm oil and soyabean oil by Tk 19 and Tk 1.0 per liter respectively.The state-owned BTTC has also recommended re-fixation of the cooking oil prices through discussions with the local edible oil refiners as the prices of soybean and...

Hydro project won't affect downstream countries

Chinese Ambassador to Bangladesh Yao Wen Monday assured Dhaka that the Chinese hydropower project on the Yarlung Zangbo river would not affect water flow to downstream countries, including Bangladesh as it is being implemented solely for electricity generation, reports BSS."China will not withdraw or use any water from the project...

Bangladesh retain title, beat Nepal

Sagarika returned against Nepal after a three-match ban. She once again shone with a hat-trick, leading Bangladesh to a dominant victory and helping them retain the SAFF Women's U-20 Championship title undefeated.Bangladesh defeated Nepal 4-0 in their final round-robin league match at Bashundhara Kings Arena in the city on Monday,...