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

Bangladesh outclass West Indies to win the series

Bangladesh spinners bagged all the wickets when West Indies tried to chase down the big target of 297 runs, and helped the Tigers win the match by 179 runs on Thursday evening in Dhaka, reports UNB.With this win, Bangladesh sealed the series by 2-1.Left-arm spinner Nasum Ahmed and Rishad Hossain...

Government to revive Kaptai Lake, dredge surrounding rivers

The government is set to undertake a Tk 6.89-billion project to restore navigability in Kaptai Lake and four surrounding rivers in the Chattogram Hill Tracts, aiming to prevent flash floods and improve river transport in the region, officials said on Thursday.Following the construction of the Kaptai dam in the 1960s...

BD can turn climate challenges into sustainable growth

With the right partnerships and policies, Bangladesh can turn climate challenges into sustainable and inclusive growth, said Christian Brix Moller, Danish Ambassador to Bangladesh.Carbon markets can play a central role in this transformation, he noted while addressing a dialogue titled 'Climate Talk: Exploring a Robust Carbon Market in Bangladesh' in...

Trial concludes, verdict date to be set Nov 13

The trial proceedings in the crimes-against- humanity case against ousted Prime Minister Sheikh Hasina and two others concluded on Thursday. The date for delivering the verdict will be fixed on November 13.The other two individuals involved are former Home Minister Asaduzzaman Khan Kamal and former Inspector General of Police (IGP)...

Ex-Fareast Ins chair Nazrul Islam on 5-day remand

Md Nazrul Islam, former chairman of Fareast Islami Life Insurance Company Limited, was Thursday placed on a five-day remand in a case filed over embezzlement of Tk 2.07 billion.Earlier on the day, the Anti-Corruption Commission (ACC) arrested Md Nazrul Islam from the city's Bangshal area.According to the ACC, while serving...

5 burnt as man uses petrol to set fire to family

A man has allegedly launched an arson attack on his own family in Narsingdi Sadar Upazila, using petrol to set their house on fire and leaving five people, including his wife and children, burnt.Shawon Bin Rahman, resident surgeon at Dhaka's National Institute of Burn and Plastic Surgery, said three of...

EU agrees new Russia sanctions over Ukraine war

BRUSSELS, Belgium, Oct 23 (AFP): The EU on Wednesday agreed to impose new sanctions on Russia over the war in Ukraine aimed at crimping Moscow's oil and gas revenues, said Denmark, which holds the EU's rotating presidency.The package -- the 19th from the EU since the Kremlin's 2022 invasion --...

Forex reserves cross $32b mark, highest in 2.5 years

Bangladesh's foreign exchange reserves have crossed the $32 billion mark, the highest level in two and a half years, according to the central bank, reports UNB.In an official statement on Wednesday, Bangladesh Bank's Executive Director and Spokesperson Arief Hossain said the country's total gross reserves now stand at $32.10 billion.As...