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

Sixteen projects to be tabled at next ECNEC meeting

A total of 16 development projects are lined up for consideration at the next meeting of the Executive Committee of the National Economic Council (ECNEC).They comprise six new proposals, six revisions of ongoing projects, and four seeking deadline extensions without cost escalation.The six new projects involve an estimated outlay of...

PM to inaugurate nationwide measles vaccination Monday

Prime Minister Tarique Rahman will inaugurate a nationwide vaccination campaign against measles on Monday (April 20) as five more children have died from the highly contagious viral disease and suspected infections in the past 24 hours until Friday."We are going to launch measles vaccination all over Bangladesh. The Prime Minister...

Khosru flags need for $200b capital deficit 'cushion'

Finance Minister Amir Khosru Mahmud Chowdhury has said Bangladesh is grappling with a massive capital deficit of around $200 billion, underlining the creation of a short-term economic "cushion" to stabilise the banking system and the private sector, reports bdnews24.com.Speaking in a featured interview aired during the Atlantic Council's coverage of...

Fuel crisis strands drivers overnight in city

A prolonged disruption in fuel supply at a filling station in the capital has forced several drivers and commuters to spend a sleepless night inside their vehicles, highlighting the growing strain on urban transport amid the supply crunch.In several parts of the capital, fuel queues grew unusually long, with lines...

Govt declares November 7 public holiday

The government on Thursday decided to restore observance of 7 November as 'National Revolution and Solidarity Day', and the day will be a public holiday, reports UNB.The decision was announced by Cabinet Secretary Nasimul Gani at a briefing at the Secretariat after a Cabinet meeting.He said, "It has been decided...

Two killed in mob attack after girl found dead in Manikganj

Manikganj, Apr 17 (UNB): Two brothers were killed and another individual was critically injured in a mob attack after an eight-year-old missing girl was found dead in Sadar upazila of Manikganj on Thursday night.The deceased were identified as Pannu Mia, 48, an auto-rickshaw driver, and his brother Fazlu Rahman, 28....

Trump says Iran agrees to hand over its enriched uranium

WASHINGTON, (United States), April 17 (AFP) : US President Donald Trump said Thursday Washington and Tehran were "very close" to a peace deal and insisted that Iran had agreed to hand over its enriched uranium, a key sticking point in negotiations.The United States had earlier threatened to resume airstrikes on...

BD starts receiving 5,000 more tonnes of diesel from India

DINAJPUR, April 17 (BSS) : Bangladesh today has started receiving 5,000 more tonnes of diesel from India through the cross border pipeline, said officials familiar with the process."Another 5,000 tonnes of diesel has stated coming to Parbatipur Padma Oil depot from India through the India-Bangladesh Friendship Pipeline," Parbatipur Padma Oil...

Governance crisis plagues banking sector

Bangladesh's banking sector, which should operate as the backbone of the economy, is struggling to regain its footing due to a profound lack of good governance and deepening financial instability, reports UNB.According to the latest review by Bangladesh Bank, 17 banks failed to generate any net profit in 2024, while...

China pledges financing for Vietnam rail links

HANOI, Vietnam, April 17 (AFP) : Beijing pledged financing and support for Vietnamese railway projects, both countries said on Friday, as Hanoi's top leader To Lam wrapped up a four-day state visit to China.The two governments have agreed to "accelerate infrastructure connectivity in railways, roads, and border gate facilities", said...

Turkmenistan, China launch expansion of giant gas field

YOL™TEN, (Turkmenistan), April 17 (AFP) - Turkmenistan and China broke ground Friday on works to expand production at the giant Galkynysh gas field, strengthening Beijing's already dominant position in the secretive Central Asian nation's energy sector.The former Soviet republic, which holds the world's fourth-largest gas reserves, has exported nearly all...