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

Dr Yunus for finalising work plan for next phase of talks with parties

Chief Adviser Professor Muhammad Yunus Thursday instructed the National Consensus Commission to quickly finalize the work plan for the next phase of talks with political parties, reports BSS. He made the instruction at a meeting of the Commission held at the State Guest House Jamuna here this afternoon. Prof Yunus,...

BPC to receive proposals until Jun 19

State-run Bangladesh Petroleum Corporation (BPC) has moved to select a contractor for the operations and maintenance (O&M) of the country's maiden single-point mooring (SPM) around one year after its commissioning, said sources.Chinese firm China Petroleum Pipeline Engineering Co Ltd (CPPEC) completed the construction of the SPM with a double-pipeline project...

Probe body formed, SP withdrawn, three cops suspended

A three-member inquiry committee headed by the Additional IG (Administration) has been formed in connection with the departure of former President Abdul Hamid to Thailand, reports UNB.The Superintendent of Kishoreganj Police has also been withdrawn in the incident, said Faisal Hossain, public relation officer of Home Ministry on Thursday evening.Earlier,...

ADB reaffirms strong support for BD's sustainable growth

The Asian Development Bank (ADB) has reaffirmed its support for Bangladesh focusing on development cooperation, policy reforms, and climate resilience in the context of the county's upcoming graduation from least developed country (LDC) status.The assurance came at a meeting between Finance Adviser Dr Salehuddin Ahmed and ADB President Masato Kanda...

H1 lending by MFIs rises 9.0pc to Tk 1.32t

The volume of loans disbursed by the country's Microfinance Institutions (MFIs) increased by more than 9.0 per cent to reach Tk 1.32 trillion during the first half of the current fiscal year (FY) over the corresponding period of last fiscal.During the July-December period of the FY 2023-24, the total lending...

Five die as bus rams ambulance on Mawa Expressway

Five people have been killed and six others have been injured after a bus rammed an ambulance carrying a patient on the Dhaka-Mawa Highway in Munshiganj's Sirajdikhan, reports bdnews24.com.The accident occurred in the Upazila's Neemtala area around 12:30pm on Thursday, according to Hansara Highway Police Outpost chief Abdul Quader Zilani.The...

BNP eyes 10m new members in 2 months

BNP is set to launch a two-month membership collection and renewal drive from May 15, aiming to enroll more than 10 million new members, report agencies."This time, we will conduct a primary membership collection drive alongside the renewal programme from May 15 to July 15," said BNP Senior Joint Secretary...

Yields on T-bills fall further

The yields on treasury bills fell further on Thursday as banks expressed willingness to invest their excess liquidity in the short-term securities.The cut-off yield, generally known as interest rate, on the 91-day T-bills came down to 11.54 per cent on the day from 11.61 per cent while the yield on...

Untreated effluent and toxic wastes

Untreated effluent and toxic wastes from Dhaka's Shyampur factories are being indiscriminately dumped into the River Buriganga, severely polluting the lifeline for the capital. The photo was shot on Thursday. — FE Photo