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

ADB outpaces WB, provides $2.52b in FY'25

The Asian Development Bank (ADB) has emerged as the top development partner for Bangladesh as it disbursed highest US$2.52 billion in foreign assistance in the last fiscal year (FY) 2024-25, officials said on Friday.The Manila-based lender surpassed Bangladesh's largest multilateral development partners (DPs)-the World Bank, in terms of annual fund...

RMG makers seek increase in incentive rates

Country's apparel makers have sought increase in the rates of incentive to help the largest export-earning sector sustain its growth pace.They have demanded that the government raises the rate of special incentive to 1.0 per cent from the existing level of 0.30 per cent and increase the incentive to 4.0...

Israel vows to destroy Gaza City if Hamas doesn't disarm, free hostages

JERUSALEM, Aug 22 (AFP) : Israeli Defence Minister Israel Katz vowed Friday to destroy Gaza City if Hamas did not agree to disarm, release all remaining hostages in the territory and end the war on Israel's terms."Soon, the gates of hell will open upon the heads of Hamas's murderers and...

Sada Pathor site to come under 24/7 CCTV surveillance

SYLHET, Aug 22 (UNB): The government will bring the Sada Pathor tourism spot under 24-hour CCTV surveillance, said Dr Mokhlesur Rahman, senior secretary of the Ministry of Public Administration, on Friday. He also warned that no one involved in the looting of stones from the site, regardless of their rank...

Umama demands change of DUCSU polling centres

Umama Fatema, vice-president candidate from the Independent Student Unity panel in the Dhaka University Central Students' Union (DUCSU) hall elections, has demanded that some polling centres be shifted, citing distance as a key concern, reports bdnews24.com.She called for the polling centre for Shamsun Nahar Hall to be relocated to the...

BBA cancels flat allocations for employees

The Bangladesh Bridge Authority (BBA) has canceled the flat allocation for its officials and employees, following an investigation into allegations of illegal construction and allocation within an under-construction housing project, reports BSS.This decision was taken at its 115th board meeting held at the conference room of the Bridge Division on...

German post office restricts packages to US over Trump tariffs

BERLIN, Aug 22 (AFP): Germany's postal service announced Friday a raft of temporary restrictions on package deliveries to the United States due to tariffs imposed by President Donald Trump.DHL, which owns the Deutsche Post service, said that from Saturday it would "temporarily suspend" its standard category of package delivery to...

Hamas demands opening of Gaza crossings after UN famine declaration

GAZA STRIP, Palestinian Territories, Aug 22 (AFP):Hamas called on Friday for an immediate end to the war in Gaza and the lifting of the Israeli siege on the territory after the UN declared a famine in parts of Gaza.In a statement published online, the group called for "immediate action by...

Somoy TV news crew attacked while probing irregularities in Fisheries Dept scheme in Bhola

Bhola, Aug 22 (UNB): A Somoy TV journalist and his cameraman were attacked and their camera was damaged while gathering information on irregularities in a calf distribution program in Bhola on Friday.The incident occurred around 3:00 pm in front of a house in Ward No. 9 of Bhabanipur Union, Daulatkhan...

Farabi, sentenced to life for blogger Avijit murder, freed on bai

Shafiur Rahman Farabi, who was sentenced to life in prison for the murder of writer and blogger Avijit Roy, has been released on bail, reports bdnews24.com.He walked out of Kashimpur High Security Central Jail in Gazipur around 10:15am on Friday.Abdullah Al Mamun, the jail superintendent, said: "[Farabi] had been in...