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

Inaction by Indian side holds up implementation

Despite the Bangladesh government's green signal to go ahead, uncertainty over implementation of the projects of Bangladesh Railway (BR) under the Indian Line of Credit (LoC) is still persisting due to continued inaction by the authorities concerned from the Indian side.The Bogura-Sirajganj dual gauge railway project would be the worst...

Dr Yunus to join COP29, leaves for Baku Nov 10

Chief Adviser (CA) Dr Muhammad Yunus is scheduled to leave for Azerbaijan on November 10 to join the World Leaders Climate Action Summit at COP 29 in the country's capital, Baku.A bilateral meeting likely to be held between Dr Yunus and Turkish President Recep Tayyip Erdogan on the sidelines of...

42 state entities fail to retrieve Tk 60b

As many as 42 government organisations are unable to recover their money from the troubled Padma Bank, formerly Farmers Bank, as a staggering Tk 60-billion deposits remain locked in it.Of the deposits is Tk 8.74 billion from the Climate Change Trust Fund. Despite repeated formal requests, Padma Bank has not...

BNP observes 'Nat'l Revolution and Solidarity Day'

Leaders and activists of BNP and its associate bodies observed the 'National Revolution and Solidarity Day' on Thursday by holding various programmes, commemorating the 'civil-military uprising' in November 7, 1975.On October 31, BNP announced a 10-day programme to mark the day, aiming to highlight its true historical significance and background...

BD's PMI rises to 55.7 in October

Bangladesh's purchasing managers' index (PMI) climbed to 55.7 in October, a 6.0-point spike from the previous month, thereby signalling an economic expansion after three consecutive months of contraction.A PMI reading above 50 indicates that the economy is generally 'expanding'. A reading of 50 indicates 'no change' compared to last month's,...

7 more die of Dengue -

Seven more people have died of dengue while 1,209 new patients have been hospitalised with the Aedes mosquito-borne disease across Bangladesh in the past 24 hours till Thursday morning.The Directorate General of Health Services, or DGHS, said as many as 422 were hospitalised in Dhaka among the new dengue patients...

Hundreds of boats shuttle between both banks of the Buriganga, the lifeline for Dhaka

Hundreds of boats shuttle between both banks of the Buriganga, the lifeline for Dhaka, to ferry passengers. Many boatmen live in their water vessels after their service. This Thursday morning picture shows a small boat with its owner sleeping inside a curtain on it while another boat passes by. —...

HC judgement on quick rentals Nov 14

The High Court (HC) on Thursday set November 14 for pronouncing judgment on a rule that questions the legality of two provisions regarding quick rentals, reports BSS. These provisions include giving quick rental power plants immunity from legal bindings and another regarding purchase or investment decisions. "Hearing concluded, judgment on...

Trump win will not have major impact on ties

Donald Trump's victory in the US presidential elections will not have major impact on the US Bangladesh bilateral ties, said foreign adviser Touhid Hossain on Thursday."There is no need for speculation, let him take over the office. It will take two months and then we can see what they want...