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

Chevron set to launch Jalalabad Gas Compression Project in ’26

US energy-giant Chevron is set to begin work on the Jalalabad Compression Project (JBC) next year to harness additional natural gas."Chevron has submitted a budget of its works for the next year, where it included projected costs of the JBC for the first time," Petrobangla Director (Finance) AKM Mizanur Rahman...

UK sends army officers to Israel to monitor Gaza ceasefire

LONDON, Oct 22 (BBC): A small number of British planning officers has been sent to Israel to join a US-led multinational taskforce to help monitor the ceasefire in Gaza, the UK Ministry of Defence (MoD) has said.The taskforce, called the civil military coordination centre, is also likely to include troops...

NCC meets experts on July Charter execution

The National Consensus Commission (NCC) on Wednesday met experts to review recommendations on the methods and procedures for implementing the July National Charter. The Commission has continued its talks with the experts because some suggestions-including holding a referendum on the charter rather than on the reforms agreed upon by political...

Doing everything possible to ensure peaceful election in February: CA

Chief Adviser Professor Muhammad Yunus on Wednesday reiterated his government's commitment towards holding the upcoming national elections in February in a peaceful and joyful atmosphere."The National Consensus Commission did an excellent job by bringing major political parties together to sign the July charter," he said during a conversation with the...

Airport fire deals major blow to export sectors

The devastating fire at the cargo village of Hazrat Shahjalal International Airport (HSIA) has inflicted immediate losses of more than US$8.0 million on Bangladesh's textile and readymade garment industry. Sector leaders fear the blaze, which destroyed imported raw materials and samples, could disrupt production cycles, delay shipments, and even lead...

Dispute over Sonali Bank's holdings in Pubali Bank not resolved in 41 years

The dispute over the Sonali Bank PLC's holdings in the Pubali Bank could not be resolved in the last 41 years and now the Financial Institutions Division (FID) has sought the Finance Division's intervention to find out an amicable solution, officials said.In 1959 the National Bank of Pakistan, now renamed...

BSEC needs autonomy like central bank: Anisuzzaman

Chief Adviser's Special Assistant Anisuzzaman Chowdhury on Wednesday stressed the need for ensuring operational autonomy of the Bangladesh Securities and Exchange Commission (BSEC) to strengthen its role as the capital- market regulator as enjoyed by the central bank, reports UNB."If Bangladesh Bank can enjoy autonomy, then BSEC should too," he...

DMTCL to charge Tk 100 for entering metro stations without journey purpose

Metrorail authorities overnight debarred entry into its stations without journey purpose, saying one would have to pay Taka 100 once someone's rapid pass is scanned at the concourse floor, reports BSS.The state-run Dhaka Mass Transit Company Limited (DMTCL), which runs the Metrorail service, in a notice suggesting from now on...

Govt to import 0.1m tonnes of rice

The Advisers Council Committee on Government Purchase (ACCGP) on Wednesday gave approval for the import of a total of 100,000 tonnes of rice, including parboiled and Atap varieties, worth about Tk 4.46 billion, alongside several key infrastructure and power-sector proposals at its meeting.Finance Adviser Dr Salehuddin Ahmed chaired the meeting...