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

Trains, launches leave on schedule

Special Eid services with homeward passengers departed stations and terminals in Dhaka on time on Friday, much to their expectation of a hassle-free travel to celebrate Eid-ul-Fitr with near and dear ones at their roots back home.Trains bound for different destinations left the Kamalapur Railway Station on schedule.A visit to...

Gold hits record high before Eid

Gold prices have surged in Bangladesh once again, hitting a record high ahead of Eid, reports UNB.The price of 22-carat gold has increased by Tk 1,773 per bhori (11.664 grams), reaching Tk 157,872, the highest ever recorded in the country.The Bangladesh Jewellers Association (Bajus) issued a statement on Friday, March...

Shipping census to be conducted nationwide

The Ministry of Shipping has decided to conduct a nationwide shipping census in order to create a comprehensive database in the country, aiming to enhance shipping management capacity and boost revenue generation through registration.The database will cover all engine-powered vessels operating in Bangladesh's seagoing, coastal, and inland waters, along with...

Dr Yunus stresses youth power in addressing global challenges

Chief Adviser Dr Muhammad Yunus has emphasised the power of youth in addressing global challenges through the "Three Zero Club" initiative, urging young people to take active roles in achieving zero carbon emissions, zero wealth concentration, and zero unemployment. He also underscored the need to transform healthcare into a social...

Stop yarn imports via land ports to save local industry

The commerce ministry has asked the National Board of Revenue (NBR) to take necessary steps for stopping import of yarn through all land ports with a view to protecting local industry.It has also suggested required suitable amendment to the existing SRO (statutory regulatory order) on the issue.The ministry sent a...

Axiata set to earn big from three high-risk mkts

Axiata Group Berhad is set to derive a significant portion of its earnings from three high-risk emerging markets-Bangladesh, Sri Lanka and Cambodia-following a major corporate restructuring, according to S&P Global Ratings.Its subsidiary Robi Axiata Ltd, Bangladesh's second-largest telecom operator and a publicly listed company, currently faces financial uncertainty as Axiata...

Earthquake felt in parts of country

Tremor jolted various parts of the country, including Dhaka and Chattogram on Friday, reports UNB.According to the United States Geological Survey (USGS), the earthquake originated in 16 km NNW of Sagaing, Myanmar.The earthquake, lasting several minutes, was felt around 12:20 pm (March 28).No reports of casualties have been received yet.Meanwhile...