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

ADP shortfalls expose inept handling in health ministry

The Ministry of Health and Family Welfare needs reform, as officials say its decade-long underperformance - the worst among government agencies - has left Bangladesh's health services increasingly vulnerable, with only 21 per cent of development projects implemented in the fiscal year 2024-25. Analysts say that although the government has...

Dhaka, Seoul move for newer ties, strategic partnership

Bangladesh and South Korea pledge to take their longstanding friendship to new highs as they agree to explore formal strategic partnership besides cooperation in newer areas after high-level talks in Seoul.The two countries held the fourth round of Foreign Office Consultations (FOC) Tuesday, with discussions ranging from trade and investment...

Official campaign begins

The official campaign for the Dhaka University Central Students' Union (DUCSU) and hall union elections began on Tuesday. Candidates from different panels launched their campaigns across the campus, setting up banners and posters in various locations.The independent panel - DU First - started its campaign in front of the university...

No import of beef for now: MoFL

The Ministry of Fisheries and Livestock (MoFL) has dismissed reports on beef import from Brazil or any other country, saying that no such decision has been made in this regard.In a statement on Tuesday, it said such false and unverified reports are creating confusion among the public who are requested...

Islamic banks' deposit, market share see downtrends

The country's Islamic banks, despite having considerable rise in investments and assets, experienced a slowdown in deposit growth and a shrinking market share of investments over the months.According to latest Bangladesh Bank (BB) data, the volume of investment in the country's Islamic banking system grew by 12.52 per cent to...

Yield rates on two BGTBs fall further

The yields on two types of long-term treasury bonds fell further on Tuesday as banks opted to invest their excess liquidity in the risk-free instruments.The cut-off yield, generally known as interest rate, on the 15-Year Bangladesh Government Treasury Bonds (BGTBs) declined to 10.28 per cent on the day from the...

Adviser Bashir made Biman chairman

Sk Bashir Uddin, adviser to the Ministry of Civil Aviation and Tourism, has been appointed as the chairman of Biman Bangladesh Airlines' board of directors, reports bdnews24.com.His appointment sparked questions over a minister-ranked advisor leading an organisation under the same ministry.The ministry's notification issued on Tuesday said Sk Bashir Uddin,...

Ban import of oxygen, argon: CCCI

The Chittagong Chamber of Commerce and Industry (CCCI) has urged the government to impose a ban on the import of oxygen and argon in order to safeguard the interests of the local sector.The leading trade body, based in Chittagong, has recently requested the commerce ministry to take necessary steps on...

Foreigner detained at Dhaka airport with Tk 1.3b cocaine

A foreign national was detained at the city airport on Tuesday with 8.66 kgs of cocaine that has a street value of around Tk 1.30 billion, according to CIID.Officials of the Customs Intelligence and Investigation Directorate (CIID) detained the foreigner at Hazrat Shahjalal International Airport (HSIA) with the consignment, which...

One killed, three injured in Ctg fire

CHATTOGRAM, Aug 26: A woman was killed and three others, including a child, were critically injured in a fire in the Mohra area under Chandgaon Police Station in Chattogram.The fire broke out at a house in Mohra area around 2:45 AM on Tuesday.The deceased was identified as Geeta Rani Ghosh...