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

BB to phase out 14-day repo from May 3

The existing repo facilities are being squeezed further as the Bangladesh Bank (BB) is set to phase out its 14-day liquidity window in a move to make banks manage funds more efficiently.The Debt Management Department of the central bank recently issued guidelines for open-market operation (OMO) by scrapping the 14-day...

Eid sales yet to gain momentum in capital

Eid sales in different shopping malls in the capital are yet to gain momentum as the majority of buyers are remaining tight-fisted at the month-end amid inflationary pressure, according to traders. They say persistent increases in the prices of essentials, such as rice, edible oil, and utilities, have squeezed disposable...

PM shares warm moments with children after Jum'a prayers at Banani

The solemnity of Jum'a prayers gave way to smiles and laughter as Prime Minister Tarique Rahman paused to spend unhurried moments with children and adolescents outside a mosque at Banani in the capital on Friday, reports UNB.Surrounded by curious children, he exchanged greetings, shared light-hearted remarks and posed for photographs,...

Union BNP leader and four others arrested in Narsingdi

Police have arrested five individuals, including a union-level BNP leader and his son, in Narsingdi in connection with the abduction, rape and murder of a teenage girl. The crime appears linked to the victim's family seeking justice for an earlier sexual assault, according to police and family members.The arrests were...

Shut airports will reopen first: state minister

Dormant airports closed during previous governments will be reopened before any new ones are constructed, according to Aviation and Tourism State Minister M Rashiduzzaman Millat, reports bdnews24.comSpeaking on Friday at a meeting in Jamalpur deputy commissioner's office, the MP for Jamalpur-1 said several airports, including Thakurgaon, Nilphamari and Bogura, were...

3 of a family injured in fire triggered by AC gas leak in Dhaka

Three members of the same family, including a woman, were seriously injured in a fire caused by a gas leak from an air conditioner in their home in the Narinda area of the capital early Friday morning, reports UNB.The victims were identified as Moktar Bepari, 55, Selina Akhter, 45, and...

PM to inaugurate family card programme on March 10: Dr Zahid

Prime Minister Tarique Rahman is expected to inaugurate the Family Card initiative, promised during the election campaign, on March 10.Social Welfare and Women and Children Affairs Minister Dr AZM Zahid Hossain disclosed this information on Friday, reports BSS.He said the government is set to launch pilot phase of the Family...

Milon for stern action against teachers engaged in other professions without approval

CHANDPUR, Feb 27 (BSS): Education Minister ANM Ehsanul Hoque Milon today said teachers must obtain prior permission from the appropriate authorities before engaging in any profession outside their teaching duties, warning that action will be taken against those found violating the rule. "If any teacher is involved in another profession...

Man beaten to death in Faridpur

Faridpur, Feb 27 (UNB): A man was beaten to death in Faridpur on Friday morning following a dispute over setting up a rope at the entrance of a house in the Goalkhamat area of the town.The incident occurred at Molla Bari Road, with the victim's younger brother also seriously injured.The...

US producer inflation higher than expected

WASHINGTON, Feb 27 (AFP): US producer prices rose more than analysts expected in January, government data showed Friday, as margins for trade services boosted costs.The producer price index (PPI) climbed 0.5 percent on a month-on-month basis, the Department of Labor said, picking up slightly from December's figure and above the...