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

Bus plunges deep into Padma while boarding Daulatdia ferry

A bus with over 40 passengers aboard plunged into the Padma River while boarding Daulatdia ferry in Rajbari district on Wednesday afternoon, stoking fear of numerous casualties. Police and witnesses said 17 of the passengers could swim to safety while the bus went under with the rest.Latest reports say bodies...

Nation celebrates 56th Independence Day today

Bangladesh is celebrating its 56th Independence and National Day today (Thursday) through a wide range of programmes to pay due respect to freedom fighters and highlight the significance of the day.People from all strata of society will pay homage at the memorials of martyrs for their noble sacrifices to make...

No major crisis, no price hike decision: Info minister

Prime Minister Tarique Rahman Wednesday held a special meeting on measures to address the country's fuel situation as queues to pumps lengthened amid panic buying triggered by war disruption to Arab oil hubs. Meanwhile, the government reassured there was no major fuel crisis despite panic buying pressure, and there had...

Govt approves 2 LNG cargo procurement from UK

The government on Wednesday approved the procurement of two cargoes of liquefied natural gas (LNG) from the United Kingdom to weather the energy crisis in Bangladesh amid the Gulf tension. It also endorsed five separate procurement proposals, including 10 million litres of refined palm oil, 30,000 metric tonnes of fertilisers,...

New govt sincere about reforms despite war-linked difficulties

The International Monetary Fund (IMF) finds the new Bangladesh government "sincere" to carry forward the Fund's lending programme and conduct the reforms pledged by its predecessors while seeking assistance for restoring macroeconomic stability."It is a new government, but they are making good-faith efforts to address the issues we raised, even...

BB relaxes borrower exposure cap

The central bank has relaxed the single-borrower- exposure limit for banks to facilitate liquefied petroleum gas (LPG) import as supply concerns deepen following disruptions linked to the Iran war.In a circular issued on Tuesday, the Bangladesh Bank (BB) said banks may extend additional credit to LPG importers even if their...