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

Exporters fear longer lead times, higher costs

Bangladesh's exporters are bracing for longer shipment lead times and higher freight costs amid fears that an escalation of the Middle East conflict could disrupt key global trade routes, particularly the Strait of Hormuz.Businesses say prolonged instability may suspend flights through major Gulf transit hubs, delay cargo movement, inflate freight...

Govt moves to create digital database of 30,000 canals

The government has moved to create a comprehensive digital database to identify around 30,000 canals -- both functional and derelict -- across the country, while assigning institutional ownership based on canal size to bring discipline on excavation, restoration and maintenance activities.The initiative is expected to help recover encroached canals and...

T-bill yields slip below policy rate after 5 months

Yields on treasury bills fell below the central bank's policy rate on Sunday for the first time in more than five months, reflecting ample liquidity in the banking system and muted demand for private-sector credit.Bankers said surplus funds, coupled with strong remittance inflows ahead of Eid-ul-Fitr, have encouraged lenders to...

Ordinances to be placed in JS on the first day: Salahuddin

Home Minister and Standing Committee Member of BNP Salahuddin Ahmed has said all the 133 ordinances promulgated by the interim government will be placed before the parliament in its very first session scheduled to begin on March 12 next.Salahuddin said this while talking to journalists after a meeting with the...

City polls after Ramadan: EC Masud

Election Commissioner Abdur Rahmanel Masud on Sunday said the elections to the city corporations will be held following the by-elections after Ramadan."We hope the city corporation elections will be held shortly after the month of Ramadan. Before that several by-elections will be held. The schedules (for the by-polls) have already...

Call to review BB Governor appointment

A civic platform has urged the government to review the appointment of Bangladesh Bank (BB) Governor, considering the 'conflict of interest' and other related issues that could undermine the roles of the central bank.The platform named Nagorik Coalition or Citizens' Coalition has also called for appointing a new governor of...

Govt keeps fuel oil prices unchanged for March

The government has kept the prices of per litre of diesel, kerosene, petrol and octane unchanged at Tk 100, Tk 112, Tk 116 and Tk 120 respectively for the month of March.The Energy and Mineral Resources Division (EMRD) under the Ministry of Power, Energy and Mineral Resources (MPEMR) in a...