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

Rice prices rise despite record stock, supply

Rice prices have risen across markets despite record domestic production, robust government procurement and continued imports, adding fresh strain to household budgets.The increase comes at a time when Aman output has hit a historic high and public foodgrain stocks are at record levels, raising questions about market dynamics and price...

Power sector under mounting financial strain

The power sector is operating under a massive financial burden despite improvements in electricity supply, Minister for Power, Energy and Mineral Resources (MPEMR) Iqbal Hasan Mahmud warned on Thursday. While load-shedding has largely eased, the sector now faces mounting liabilities, capacity payments and accumulated losses that threaten the sector's sustainability,...

Cooking activity suspended

COX'S BAZAR: A devastating fire broke out at an LPG refueling station in the Kolatoli area of Cox's Bazar town on Wednesday night, causing widespread destruction and panic among local residents. Although the blaze has been brought under control, fear continues to grip the community, with many residents refraining from...

E-payment system expanded

All vehicle users will now be able to pay tolls on road bridges electronically as the Roads and Highways Department (RHD) has opened its e-payment system to all banks and mobile banking platforms, aiming for a more efficient, transparent, and faster toll collection process.Officials said that after extending the electronic...

One arrested over schoolgirl killing in city

Police have detained a youth in connection with the killing of a schoolgirl in the capital's Hazaribagh area. The arrested person is identified as Siam.Assistant Police Commissioner (Dhanmondi Zone) Mustafa Tarikuzzaman of the Dhaka Metropolitan Police on Thursday, said that he (Siam) was detained in a drive in Kathalbagan area....

Paris Agreement: UN approves first carbon credits

PARIS, France, Feb 26 (AFP) : The United Nations announced Thursday the approval of the first carbon credits under a global market aimed at reducing emissions, a mechanism that has faced scrutiny over greenwashing concerns.The UN-run market, established under the Paris climate accord, allows companies and countries to offset their...

LGD proposes Tk 12.3b scheme to employ 79,680 women

The Local Government Division (LGD), under the Ministry of Local Government, Rural Development and Cooperatives, has proposed a new Tk 12.3-billion scheme aimed at keeping 70,440 kilometres of rural roads motorable through regular and systematic maintenance, officials said.According to sources at the Ministry of Planning, around Tk 11.58 billion --...

Court orders Interpol Red Notice for Tulip

A special court in Dhaka directed the relevant government authorities on Thursday to seek a Red Notice from Interpol for the arrest of Tulip Siddiq, a British Member of Parliament and niece of ousted Prime Minister Sheikh Hasina, in connection with a corruption case.The order was issued by Md Sabbir...

Recruitment of 10,000 constables to begin soon: Home minister

Home Minister Salahuddin Ahmed on Thursday said the government will soon start the recruitment process of 10,000 police constables, reports UNB.Necessary steps are being taken to strengthen the police force, he told reporters at a briefing at the Bangladesh Secretariat.The minister said instructions have also been given to expedite recruitment...