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

Govt advances Tk 11.22b gas exploration projects

The government has advanced two major natural gas exploration and production projects worth Tk 11.22 billion, seeking to increase domestic gas supply, curb costly liquefied natural gas (LNG) imports and reinforce the country's long-term energy security.The projects -- one to expand production at the Titas Gas Field by Bangladesh Gas...

Inu gets 10-year jail for July crimes against humanity in Kushtia

The International Crimes Tribunal (ICT)-2 has convicted and sentenced former Information Minister Hasanul Haque Inu to 10 years' imprisonment for crimes against humanity committed in connection with the killings of six people in Kushtia during the 2024 July Mass Uprising, reports BSS.The ICT-2 sentenced Inu to 10 years' rigorous imprisonment...

Sarwar Hossain appointed BB deputy governor

The government has appointed Bangladesh Bank (BB) Executive Director Sarwar Hossain as a deputy governor of the central bank, according to a notification issued by the Financial Institutions Division.He has been appointed on a contractual basis for a period of three years, subject to voluntary retirement from his current post...

Move to secure support for WTO trade facilitation commitments

The government has launched a coordinated initiative to assess its technical assistance and capacity-building needs and secure international technical assistance for trade reforms in a major push to integrate into global supply chains and enhance trade competitiveness, officials said.As part of the initiative, the WTO Wing of the commerce ministry...

No change in fuel oil prices for July

The government has kept the fuel prices unchanged for July despite their recent fall in the international market.According to a notification of the Energy and Mineral Resources Division under the Ministry of Power, Energy and Mineral Resources (MPEMR) issued on Tuesday, the retail price of diesel will remain unchanged at...

Govt reaffirms Teesta plan, warns media over Hasina broadcasts

The government on Tuesday reaffirmed its commitment to implementing the long-awaited Teesta Master Plan in line with Bangladesh's national interests.It also cautioned media organisations to comply with court directives prohibiting the broadcast of statements by former prime minister and convicted defendant Sheikh Hasina.Speaking at a weekly press briefing at the...

BPPA needs to enhance legal, other capacity

Speakers at a workshop on Tuesday stressed the need for enhancing the structural and legal capacity of the Bangladesh Public Procurement Authority (BPPA) to strictly monitor public procurement.The BPPA should bring necessary changes in procurement rules so that entrants and small contractors could get opportunities in public development works, they...

Six ex-GP employees held before protest over unpaid dues

Police detained six former Grameenphone (GP) employees on Tuesday after preventing a planned peaceful demonstration outside the Grameenphone House in the city, escalating a long-running dispute over alleged unpaid dues that the former workers say have remained unresolved for 16 years.The former employees, under the banner of the Grameenphone 5...

Search for Shahadat Hossain continues, 70 leads checked

Police are searching for Shahadat Hossain, a 43-year-old Bangladeshi national accused of perpetrating a triple homicide in Rome's Casalotti after he reportedly vanished following the killings on Jun 26, according to Italian media outlets, reports bdnews24.com.Hossain is suspected of murdering Kamal Uddin, his wife Jahan Momotaj, and their eight-year-old daughter...

New Islamic Foundation DG appointed

The government has appointed Muhammad Muhibbullahil Baki, an Islamic scholor and mufti, as the new director general (DG) of Islamic Foundation Bangladesh (IFB).An IFB statement said on Tuesday Baki joined as its DG in line with a May 21 notification assigning him as the chief of the office with grade-1...