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

Unfinished power project faces probe over missing funds, lapses

A land acquisition project for the Patuakhali Thermal Power Plant, undertaken by Ashuganj Power Station Company Ltd (APSCL), was abruptly closed despite key components remaining unfinished and Tk1.49 billion in public funds going unaccounted for, according to a latest review report.Following a review of the Project Completion Report (PCR), the...

Chief of Air Staff of the Bangladesh Air Force (BAF) Air Chief Marshal Hasan Mahmood Khan meets Chief Adviser Professor Muhammad Yunus

Chief of Air Staff of the Bangladesh Air Force (BAF) Air Chief Marshal Hasan Mahmood Khan meets Chief Adviser Professor Muhammad Yunus at the State Guest House Jamuna on Wednesday, following the crash of a BAF jet into Milestone School and College in Dhaka on Monday. — Focus Bangla

Parties agree on EC appointments: NCC

Political parties have reached a consensus to incorporate a constitutional provision for forming a selection committee to appoint the Chief Election Commissioner (CEC) and other election commissioners, according to the National Consensus Commission (NCC).NCC Vice-Chairman Professor Ali Riaz made the announcement on Wednesday following the 18th day of discussions between...

Seven from a family among 8 killed in Natore

NATORE, July 23 (UNB): Eight people, including seven members of a family, were killed in a head-on collision between a microbus and a truck on Bonpara-Hatikumrul Highway in Baraigram upazila of Natore district on Wednesday. The accident occurred at around 10:30am when the Dhaka-bound microbus from Natore crashed into the...

Death toll from Gazipur lynch-mob attack rises to two

GAZIPUR, Jul 23 (UNB): Another youth who was beaten suspecting to be a cattle lifter in Kaliganj upazila of Gazipur district died early Wednesday, raising the death toll to two.The deceased,Abdullah, was a resident of Bandhakhola area under Tumulia union of the upazila.He succumbed to his injuries while undergoing treatment...

Taka weakens further as central bank intervention

The Bangladesh Taka (BDT) continues to weaken against the US dollar as the central bank's ongoing interventions in the foreign exchange market aimed at stabilising the exchange rate.As part of its efforts, the Bangladesh Bank (BB) purchased $10 million from a leading commercial bank through an auction held on Wednesday....

BEPZA units contribute 17pc to nat'l exports in FY25

Factories under the Bangladesh Export Processing Zones Authority (BEPZA) contributed US$8.22 billion to the country's total export earnings in the fiscal year (FY) 2024-25, accounting for 17.03 per cent of the national export volume, according to official data.The country's overall export earnings stood at $48.28 billion during the period, as...