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

Exports of Hilsa to India dip despite robust output

Despite achieving record Hilsa production in recent years, Bangladesh is witnessing a sharp decline in exports of the prized fish to India, its largest foreign market, official data show.According to figures from the Export Promotion Bureau (EPB), Hilsa exports to India stood at just U$5.37 million in the fiscal year...

Yunus invited for Vatican inter-religious discussions

Archbishop Kevin S. Randall, the Apostolic Nuncio (Ambassador of the Holy See), has extended an invitation to Chief Adviser Prof Muhammad Yunus for an inter-religious dialogue scheduled for September 6-12 in Vatical City.Archbishop Randall called on the Chief Adviser on Tuesday at the State Guest House Jamuna.He emphasised the programme's...

Referendum needed for caretaker govt system change: Ali Riaz

National Consensus Commission (NCC) Vice Chairman Prof Ali Riaz has said a referendum would be required for any future change to the caretaker- government system in the Constitution. "Political parties have agreed to restore the caretaker government provision in the Constitution. Therefore, any future change to this system need to...

Central bank buys $313m in fresh move

In a renewed effort to stabilise the exchange rate of the US dollar against the Bangladesh Taka (BDT), the central bank stepped into the foreign-exchange market once again on Tuesday, with a buy of US$313 million through an auction.This marked the Bangladesh Bank's (BB) second intervention in just three days,...

HRC Group Chairman passes away

Sayeed Hossain Chowdhury, chairman of HRC Group, passed away on Tuesday while undergoing treatment at a hospital in Dhaka, reports UNB.His personal secretary Md. Sohel confirmed the news.Chowdhury was the eldest son of Hedaet Hossain Chowdhury, the founder chairman of Karnaphuli Group, renowned educationist, language activist, and social worker. He...

Another arrested in Mitford murder case

RAB arrested another suspect in connection with the brutal murder of Lal Chand Sohag, who was killed in front of the city's Mitford Hospital.Eight out of nineteen accused in the murder case have been arrested so far.RAB-11 Commanding Officer Lt Col HM Sajjad Hossain said that acting on a tip-off,...

First Security Islami Bank MD removed

First Security Islami Bank PLC has formally removed its managing director (MD) Syed Waseque Md Ali on allegations of loan scams.The decision was made by the bank's board after receiving formal approval from the Bangladesh Bank on Tuesday, said a senior official of the bank. "An internal audit found Mr....

BRAVING RAIN FOR LIVELIHOOD

A rickshaw-puller pedals through heavy rain in the capital's Motijheel area on Tuesday, covering himself with a plastic sheet and a hat for protection. With little choice but to work in all weather conditions, many like him endure daily hardships to make a living. - FE Photo by Shafiqul Alam

Israeli strikes kill at least 31 in Gaza as UN agencies warn of fuel crisis

Israeli strikes across the Gaza Strip overnight killed at least 31 people, according to local hospitals, as U.N. agencies warned on Monday that critical fuel shortages put hospitals and other critical infrastructure at risk, reports AP.The latest attacks came after U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu...