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

PM wants to boost trade with African nations

JOHANNESBURG, Aug 25 (BSS): Prime Minister Sheikh Hasina said that Bangladesh has attached priority to enhancing further the bilateral and trade relations with African nations as she held bilateral meetings with heads of state of four countries, including three from Africa, on the sidelines of the 15th BRICS Summit here."We...

DEMAND DRIVEN BY DENGUE: In response to dengue patients' need for hydration, families flock to purchase green coconuts from roadside vendors. Consequently, the tropical fruit's sales surge.

DEMAND DRIVEN BY DENGUE: In response to dengue patients' need for hydration, families flock to purchase green coconuts from roadside vendors. Consequently, the tropical fruit's sales surge. Cashing in on the situation, traders raise prices from Tk 80-100 to Tk 200 a piece. In the photo, a retail seller sources...

CCH calls e-bid for 23 types of goods

CHATTOGRAM, Aug 25: The Chattogram Customs House (CCH) has called an e-auction of 23 types of goods recently with an eye to clearing the jetties of Chattogram seaport.The electronic auction will be held on September 05. The bidders can visit the site to see the goods on August 27 and...

Dhaka seeks Delhi's nod for essentials import quota

Dhaka has requested prompt approval from Delhi for the proposed import quota of essential commodities.Bangladesh's Commerce Minister Tipu Munshi on Friday urged Indian Commerce and Industry Minister Piyush Goyal for support in a sidelines bilateral meeting. The meeting took place prior to the scheduled commerce and investment ministers' meeting of...

Onion woes continue despite widening sourcing options

Onion prices remained high in various city kitchen markets on Friday, even as the government greenlit imports of the bulb from an additional nine countries alongside India.The local variety of the kitchen staple was retailing between Tk 85 and Tk 100 per kg, while imported varieties were being sold at...

Price hike at Ctg kitchen markets

CHATTOGRAM, Aug 25: Prices of commodities, including broiler, at kitchen markets in Chattogram are rising almost daily following recent floods and waterlogging.Talking to the FE, buyers alleged that traders have taken a new policy of hiking prices of essentials after floods because of a shortage of goods.Broiler chickens now sell...

Green financing by banks drops, FIs shows upticks

Loans to environment-friendly industries by banks dropped in the January-March quarter of 2023, while a rise was observed in such loans by financial institutions (FIs), according to the latest report of the Bangladesh Bank.In Bangladesh, there are two types of environment-friendly financing: green finance and sustainable finance. Both banks and...

Myanmar to curb rice exports

Myanmar is planning to temporarily restrict rice exports to control rising domestic prices, an official of its rice industry body said on Friday, joining India, the world's biggest shipper of the staple amid tightening world supplies, reports Reuters."We will temporarily limit rice exports for about 45 days from the end...

7 factory workers die in Narsingdi mishap

Seven microbus passengers who died after the vehicle collided head-on with a truck at Narsingdi's Shibpur Upazila were all employees of a knitting factory based in Savar, reports bdnews24.com.A group of 11 workers, along with the factory's driver, left Savar for a trip to Sylhet, but met with the accident...