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

People won't suffer during fasting: Govt

Finance adviser Dr Salehuddin Ahmed has said the interim government will take necessary measures so that people do not suffer due to high prices of essential commodities during Ramadan."We will ensure that people don't suffer from food related problems during the month of Ramadan," the adviser said on Thursday.He was...

Import of essential commodities rises up to 85pc in Oct-Jan

The imports of many key essentials necessary in the holy month of Ramadan increased by up to 85 per cent in the October-January period of FY25, shows the latest data from the Bangladesh Bank's import- monitoring division.Despite the tectonic rise in imports, thanks to various government facilities, the prices of...

Huge food items arrive at Ctg port

CHATTOGRAM, Feb 20: A huge amount of essential commodities has already arrived at Chittagong Port ahead of the holy month of Ramadan, with more shipments in the pipeline.Additionally, a substantial quantity of food items are waiting at the outer anchorage and at sea to be unloaded onto lighterage ships, ruling...

Microcredit interest rates in rural Bangladesh declining

Microcredit-interest rates in the rural areas are declining due to increasing competition, driven by the presence of a substantial number of non-governmental organisations (NGOs), experts and economists said on Thursday.They noted that NGO-led microfinance institutions have played a crucial role in boosting the rural economy, with many villages now having...

ICT finds evidence of serious crimes against Alep, another police official

The International Crimes Tribunal (ICT) has found evidence of enforced disappearance, rape, and torture against former Superintendent of Police (SP) Mohiuddin Faruki and RAB Company Commander Alep Uddin, Chief Prosecutor Tajul Islam has said.The tribunal has ordered that Alep Uddin be remanded for questioning on February 26 in connection with...

Dr Atiur, Dr Barkat among 23 sued by ACC

The Anti-Corruption Commission (ACC) has filed a case against 23 people, including former Bangladesh Bank Governor Dr Atiur Rahman and economist Dr Abul Barkat, for allegedly embezzling TK 2.97 billion under the guise of the Enontex Group, report agencies.Deputy Director Nazmul Hossain at the ACC's Dhaka Integrated District Office filed...

24 senior bureaucrats sent on forced retirement

The government has sent two secretaries, one additional secretary and 21 deputy commissioners (DCs) on compulsory retirement due to their roles during the previous Awami League government, reports UNB.The Ministry of Public Administration issued two separate notifications regarding secretaries, additional secretary on Thursday.They are: Md. Kamrul Hasan, secretary of Disaster...

2 killed in 'shootout' with joint forces

Two men were killed on Thursday in a reported shootout with joint forces of the police and army in Mohammadpur area of the city.Five individuals were arrested in connection with the incident.The identities of the deceased could not be immediately known.Acting on information about the presence of 'identified terrorists' in...

Dhaka metro rail staffers postpone strike

The staff of Dhaka metro-rail company has backtracked on their decision to go on strike from today after receiving assurance that their demands for service-rule approval with necessary correction will be fulfilled within 30 days.Earlier, officials and employees of grades 9 to 16, who were recruited in the Dhaka Mass...

Most companies lack corporate governance

A majority of companies operating in Bangladesh significantly lack corporate governance, which often leads to institutional failure, speakers observed at a programme on Wednesday.Keeping this in view, they noted that professionals like company secretaries can play a vital role in guiding the company board members in a bid to help...

Gill ton powers India to win over Bangladesh

Dubai (AFP): In-form Shubman Gill made an unbeaten 101 to anchor India's chase in a six-wicket win over Bangladesh as the two teams began their Champions Trophy campaign on Thursday in Dubai.Needing a tricky 229 for victory on a seemingly tough pitch, India rode on Gill's second successive ODI ton...

BD should review wages annually says Cornell study

Bangladesh should annually review its wage-setting process as apparel workers, who get minimum wage, are losing income year on year with current inflation rates, said a policy brief of Cornell University.The brief titled 'Waiting Game: Minimum Wage-Setting in Bangladesh's Apparel Industry' by Global Labor Institute (GLI), a part of Cornell...

Hasina extradition issue raised

Tension in the Bangladesh-India relationship -- strained following the fall of Awami League government in a mass upsurge -- is now easing with both sides agreeing to advance towards 'good working relations', says foreign adviser Touhid Hossain.Bangladesh's ties with India, once dubbed a role model of neighbourliness, became sour after...

New office bearers of DBC of ICMAB

SM Shawon Mahmud and Md Mashiur Rahaman have been elected Chairman and Secretary respectively of the Dhaka Branch Council (DBC) of Institute of Cost and Management Accountants of Bangladesh (ICMAB) for the year 2025 in the 1st meeting of the 40th DBC held on Tuesday, says a press release.Zillur Rahman...

New language does not weaken mother tongue: Dr Yunus

Chief Adviser Muhammad Yunus has dismissed the notion that learning a new language weakens one's proficiency in their mother tongue, calling it "baseless", reports bdnews24.com.Speaking at the International Mother Language Institute event on Friday, he said: "There is no foundation to the belief that learning a new language diminishes one's...