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

Summit's plea to Petrobangla to reconsider FSRU termination

Summit Group has urged the state-owned Petrobangla to reconsider the termination of its floating, storage and regasification unit (FSRU) through a media statement on Wednesday.It termed the termination "invalid" as any delay in the project, for which Summit has already invested an estimated $20 million, could result in further energy...

Dr Yunus urges global leaders to help bring back stolen money

DAVOS, Jan 22 (UNB): During his hectic second day at the World Economic Forum (WEF) on Wednesday, Chief Adviser Prof Muhammad Yunus called on Bangladesh's international allies to aid in the recovery of substantial amounts of stolen money.The Chief Adviser met Wolfgang Schmidt, Head of the Federal Chancellery and Federal...

Biman flight lands safely at HSIA amid bomb threat

A flight of the Biman Bangladesh Airlines originating from Rome touched down safely at Hazrat Shahjalal International Airport (HSIA) following a bomb threat on Wednesday. All 250 passengers and 13 crew members aboard the plane were safely evacuated. However, no bombs or bomb-like objects were found after a thorough search...

RHD proposes 27pc cut in allocation for aid projects in RADP

The Roads and Highways Department (RHD) has proposed reducing its allocation for foreign-aided projects by around 27 per cent in the FY25 revised annual development programme (RADP) due to the poor progress of almost all projects in the first half of the current fiscal year.It is implementing 21 foreign-aided projects,...

BB raises individual Sukuk investment limit to 20pc

The Bangladesh Bank has increased the investment limit for individual investors, provident funds, and deposit insurance in the Shariah-based Islamic bond known as Sukuk to 20 per cent. The move aims to diversify investment opportunities for potential investors, according to a central bank circular issued on Wednesday. Recently, individual customers...

ACC to investigate 'manipulation' in 11th national polls

The Anti-Corruption Commission (ACC) on Wednesday decided to investigate officials related to the 11th National Election.The commission had received complaints regarding election manipulation during the 11tth National Election, ACC Director General (prevention) Akhtar Hossain told reporters at a briefing held at the ACC headquarters on Wednesday, reports UNB.The investigation team...

Ctg footpaths occupied again

CHATTOGRAM, Jan 22: The footpaths and the roadsides in the port city are being occupied illegally by hawkers, disrupting vehicular and public movements.City-dwellers said most of the footpaths and both sides of the roads in the port city have now been turned into hawker markets.Pedestrians and vehicles cannot move smoothly...

ACC prosecutes ex-minister Tazul, wife over 'illicit assets'

The Anti-Corruption Commission, or ACC, has prosecuted former local government minister Md Tazul Islam and his wife Fauzia Islam over allegations of having wealth beyond means, reports bdnews24.com.They face allegations of acquiring Tk 147 million in illegal assets.Two cases were lodged on Wednesday at the commission's Integrated District Office 1...