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

TCB to procure 66m litres of edible oils

The Trading Corporation of Bangladesh (TCB) would purchase 66 million litres of edible oils from the local suppliers to sell at subsidised rates among 10 million low-income card-holder families, sources said. It would also buy 10,000 tonnes of sugar and 10,000 tonnes of lentils from domestic sources. The state trading...

Ariff's burial today

The government has declared a one-day state mourning for today (Monday) following the death of Civil Aviation and Tourism and Land Adviser AF Hassan Ariff, who passed away from a cardiac arrest on Friday, report agencies.Hassan Ariff, who also served as an attorney general, will be laid to rest at...

Negotiations with Arakan Army not possible: Adviser

Negotiations with the Arakan Army for the repatriation of Rohingya refugees from Bangladesh are not possible as it is a non-state actor, foreign adviser Touhid Hossain has said.He was talking to the media at the foreign ministry on Sunday."We have told the Myanmar government representatives in the meeting that they...

$2.0 billion remitted home in 21 days of Dec

Bangladesh received $2.0 billion in remittances in just 21 days of December, according to the latest update from Bangladesh Bank. This marks a slight increase from the $1.99 billion sent in December 2023, reports UNB.The surge in remittances has been attributed to expatriates opting for legal channels, particularly following the...

Hasina, Joy face ACC probe over $300m graft allegations

The Anti-Corruption Commission (ACC) has launched an investigation into allegations of embezzling $300 million against former prime minister Sheikh Hasina and her son, Sajeeb Wazed Joy.The decision was confirmed by Md Akhtarul Islam, the commission's deputy director of public relations on Sunday, reports bdnews24.com.A five-member panel was previously formed to...

Farm mechanisation needs to be targeted, sustainable

Experts at a workshop held recently put emphasis on the need for evidence-based policies that prioritize regional demands, improve governance in subsidy distribution, and create a supportive environment for local industries.They maintained that achieving sustainable agricultural mechanisation would require collaborative efforts, targeted financial interventions, and regulatory reforms to ensure equitable...

Ctg Elevated Expressway to open next month

CHATTOGRAM, Dec 22: The 16.5-kilometer Chattogram Elevated Expressway, the longest freeway in the country, will formally be opened to traffic in January next.The Ministry of Road Transport and Bridges has already approved the new toll rate proposed by the Chattogram Development Authority (CDA). Talking to The FE, CDA Chairman Engineer...

Panchagarh shivers as temperature drops

Panchagarh, Dec 22 (UNB): Shivering cold has gripped the residents of Panchagarh district with temperature dropped to 9.4 degrees Celsius.The temperature, recorded at 6 am at 9.8 degrees Celsius, dipped further to 9.4 degrees by 9 am on Sunday, according to Jitendranath Roy, in charge of the Tetulia Weather Observation...

Postgraduate private trainee doctors stage a demonstration

Postgraduate private trainee doctors stage a demonstration at Shahbagh on Sunday, demanding a hike in their monthly allowance. However, their demo disrupted commuter traffic leading to public sufferings. — FE Photo

Private trainee doctors protest demanding salary hike

Postgraduate private trainee doctors on Sunday staged a protest at Shahbagh intersection in the capital, demanding an increase in their monthly stipend to Tk 50,000 from Tk 25,000.The demonstration significantly disrupted traffic movement in the city. Many commuters were seen walking to their destinations.The protesters initially gathered at BSMMU around...

ACC chairman submits wealth statement

Anti-Corruption Commission (ACC) Chairman Mohammad Abdul Momen has submitted his wealth statement to the ACC Reform Commission."I have officially submitted my asset declaration. Other commissioners will also make submissions," he said while exchanging views with journalists on Sunday. During the event, journalists shared their opinions about the ACC's past and...

Name of rail bridge over Jamuna changed

The name of the under-construction Bangabandhu Sheikh Mujib Railway Bridge has been changed. The facility will now be known as the Jamuna Railway Bridge, reports bdnews24.com.The names of two stations on either side of the bridge have also been renamed.Bangabandhu Setu East Railway Station has been named "Ibrahimabad" while Bangabandhu...