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

Dillydallying costs additional Tk 4.60b besides time overrun

Dillydallying costs an additional Tk4.60 billion besides time overrun in a Power Grid Company of Bangladesh (PGCB) electricity-transmission project, officials have said.The post-uprising interim govt bears the burden after over half a decade wasted in failure to complete the project, originally undertaken with a cost of Tk 58.04 billion, they...

Rice prices surge as millers capture mkt

Rice prices continue to go up as millers have captured the market, say market observers.Last week, coarse rice prices rose to Tk 58-60 a kg, medium one Tk 68-72 a kg, and the fine variety Tk 80-95 a kg. The prices are increasing at a time when Aman harvesting is...

29th Dhaka International Trade Fair witnesses a rundown of visitors

The 29th Dhaka International Trade Fair witnesses a rundown of visitors on Friday amid the ongoing spell of wintry chill. However, traders expect a rise in their numbers soon. — FE Photo

UK electricity cleanest on record in 2024: study

LONDON, Jan 3 (AFP) : Britain produced its cleanest electricity on record last year with output of fossil fuels at an all-time low and renewables reaching a record-high, a study has showed.Oil, gas and coal together produced 29 percent of the UK's electricity in 2024 while renewables -- including wind...

Pak foreign minister to visit BD next month

Pakistan Deputy Prime Minister and Foreign Minister Ishaq Dar will visit Bangladesh next month as the South Asian country wants to deepen its relations with Dhaka amid changed political situation, reports UNB.Ishaq Dar's upcoming trip to Dhaka will be the first visit by any Pakistani Foreign Minister since 2012.Meanwhile, Bangladesh,...

Quake jolts Dhaka, Sylhet

A moderate earthquake jolted different parts of the country, including Dhaka and north-east part of Sylhet, on Friday morning, reports BSS.The epicentre of the earthquake was neighbouring Myanmar, said the meteorological Department.The earthquake, measuring 5.0 magnitude on the Richter scale, occurred at 10.32am and the distance of the epicentre was...

China 'determined' to open up economy to world in 2025

BEIJING, Jan 3 (AFP) : China is "determined" to continue opening up its economy to the world in 2025, a top economic planning official said Friday, as Beijing steels itself for potential trade turmoil when US President-elect Donald Trump takes office.The world's second-largest economy has struggled to revive growth following...

CFC celebrates 32nd founding anniv

CHATTOGRAM, Jan 03: Chittagong Film Centre (CFC) celebrated its 32nd founding anniversary in the port city on Wednesday. CFC president journalist and poet Nazimuddin Shyamol inaugurated the event by cutting a cake as the chief guest. Among others, CFC General Secretary Lokpriyo Barua, Finance Secretary Mijanur Rahman Meah, Faruk Islam,...

BSF pushes back four Bangladeshis

HABIGANJ, Jan 3 (UNB): Indian Border Security Force (BSF) has sent back four Bangladeshis, who earlier trespassed on India through the border of Habiganj.Border Guard of Bangladesh (BGB) took custody of the four from the BSF after a flag meeting between the paramilitary forces on Thursday.Those pushed back are Akash...

India's Marico estimates higher quarterly revenue growth on cooking oil demand

Indian consumer goods firm on Friday estimated its consolidated quarterly revenue will rise in the mid-teen percentage range, boosted by improving rural consumption and higher demand for its Parachute and Saffola brands of oils, reports Reuters. Cooking oil has largely withstood a broader slowdown among branded consumer goods due to...

A flower festival started at the Chattogram Faujdarhat DC Park

A flower festival started at the Chattogram Faujdarhat DC Park on Friday. More than 100,000 flowers of 136 species are on display at the month-long festival.

A manhole lies open in the capital's Kakrail area

A manhole lies open in the capital's Kakrail area for months, thus posing a danger for people. However, the authorities concerned seem intent on turning a blind eye to it. The photo was taken on Friday. — FE Photo