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

New method on cards to survey grain loss, waste

The government has decided to devise modalities for assessing post-harvest foodgrain loss and waste, including credible information on production, to ensure year-round food security, according to sources.State entities like departments of agricultural extension and agriculture marketing have been asked to formulate the modalities, which will be sent to agricultural ministry...

Adani cuts supply further to 520MW despite higher payment of dues

India's Adani Power has further reduced electricity supply to neighbouring Bangladesh as it seeks to recover more than $800 million in dues, according to data from Bangladesh's grid operator and two sources familiar with the move, reports Reuters.Adani Power, which exports power to Dhaka from its dedicated 1,600 megawatt (MW)...

At COP29 countries should deliver key policies: IEEFA

At the upcoming 29th Conference of Parties (COP29) in Baku, dubbed the "climate finance COP", representatives of different countries should deliver key decisions to design policies and regulations and offer institutional support that encourages banks to lend more to the renewable energy sector, said a new briefing note by the...

Pak loses order to BD

Pakistan recently missed out on a US$20.5 million worth of cigarette-export order to Sudan following delays in regulatory approvals, Pakistani media reported, yielding Bangladesh an opportunity. Such bureaucratic delays gave Bangladesh the opportunity to supply the required cigarette packets to Sudan within a month."Pakistan has lost a $20.5-million cigarette-export order...

Mobile phone operators hail govt move to introduce satellite internet

Mobile phone operators and other stakeholders have welcomed the move of opening doors for satellite internet, appealing to telecom regulator to consider collaborative approach and non-discriminatory treatment for successful integration of this service into the country's telecommunications landscape. They said the initiative might create new opportunities for bridging digital divides...

A farmer tends his red amaranth on a vast vegetable patch

A farmer tends his red amaranth on a vast vegetable patch ahead of the winter season which is about to set in. The snap was shot in Siddhirganj upazila under Narayanganj district on Friday. — FE Photo by Shafiqul Alam

Asian markets struggle to maintain momentum after Fed cut

HONG KONG, Nov 8 (AFP): Asia's markets rally stuttered Friday after early gains as traders struggled to keep up with another Wall Street record following the Federal Reserve's interest rate cut, while they were also weighing the outlook with another Trump administration.Traders were also awaiting the end of a week-long...

China says Xi to travel to Peru, Brazil next week for APEC, G20 meetings

BEIJING, Nov 8 (AFP): Chinese President Xi Jinping will travel to Peru and Brazil next week for meetings of APEC and the G20, Beijing's foreign ministry said Friday.Xi will go to Lima from November 13 to 17 and Rio de Janeiro from November 17 to 21, foreign ministry spokeswoman Hua...

6.29 pc drop in US apparel import from BD concerning: Ex-BGMEA official

The U.S. apparel imports data by the country from January-September of 2023 and 2024 suggests that while the overall U.S. apparel import saw a slight decline, there was significant movement within the market, with some countries experiencing growth and others declined.Total U.S. apparel imports decreased by 2.47% between Jan-Sep 2023...