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

Cash flowing back into banks

The currency is flowing back into banks, driven by rising deposit rates and growing confidence in the well-performing institutions, after a surge in cash outflow from the banking system for about a five-month period.Bangladesh Bank data showed that currency outside the banking system fell by Tk 57.43 billion to Tk...

BD, Pak agree to bolster bilateral ties

Bangladesh and Pakistan agree to strengthen once-severed relations between the two countries through increased trade, commerce and exchange of sports and cultural delegations.Officials in Dhaka said the agreement was reached at a summit meet between the Chief Adviser of Bangladesh's interim government, Professor Muhammad Yunus, and Pakistan Prime Minister Shehbaz...

Average Aman yield increases

The average yield of rice in the ongoing Aman season has increased this year, ushering hopes to compensate the damage Bangladesh incurred in 14 districts due to July-August flooding.As above 56 per cent of Aman harvest has been completed so far, according to official statistics, farmers are getting 3.11 tonnes...

No reason for polls delay as EC formed

Bangladesh Nationalist Party (BNP) Secretary-General Mirza Fakhrul Islam Alamgir said on Thursday that since the Election Commission (EC) has been formed, there is no reason for delay in holding the national elections.He said that the people of the country expected a clear message from Chief Adviser Dr Muhammad Yunus about...

Construction, installation work done

The construction and installation works at Unit-1 of the Rooppur Nuclear Power Plant (RNPP) have been completed, Russia's state-owned nuclear energy company Rosatom said in a statement on Wednesday.The personnel of the RNPP has started a large-scale test programme for physical start-up, said the statement. The first stage of operation...

Not gloomy, but it is challenging

Finance Adviser Dr Salehuddin Ahmed said Thursday that the economic situation in Bangladesh is not gloomy, but it is in a challenging position.At the same time, he acknowledged that the gross domestic product (GDP) growth may slow down to 3.8 per cent at the end of this fiscal year as...

Cox's Bazar road crash kills five

COX'S BAZAR, Dec 19 (BSS): At least five persons, including three of a family, were killed following a collision head-on between a CNG auto-rickshaw and a dump truck in Hazibazar area under Pekua upazila here this morning.The deceased were identified as Feroz Ahmad, 49, hailed from Madhyam Madarsha area of...

Hasina sued in BDR mutiny case at ICT

Former prime minister Sheikh Hasina and former army chief Moeen Uddin Ahmed have been accused of "crimes against humanity" at the International Crimes Tribunal, or ICT, for the killings during the Bangladesh Rifles mutiny at Pilkhana a decade and a half ago.The families of the army officers killed in the...

Student movement rejects Badiul statement on AL joining election

The Anti-discrimination Student Movement has rejected the statement by Election Reform Commission chief Badiul Alam Majumdar that "there is no obstacle for the Awami League to participate in the general election", reports bdnews24.com.It said allowing the deposed Awami League to contest in elections or take part in any political activities...

US welcomes govt's steps toward election readiness

Welcoming the interim government's announcement regarding the next national election, the United States (US) has said they would advocate for 'free and fair' elections in a peaceful manner, reports UNB."So we welcome steps that have been taken by this interim government of Bangladesh to prepare for elections that ultimately will...