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

Heat alert issued for 4th time in April

The Bangladesh Meteorological Department issued a new heatwave warning on Thursday, forecasting searing temperatures to continue across the country for the next 72 hours. This marked the fourth heat alert issued this month amid intense heat for more than a week.The met office said the hot spell was affecting 45...

ERF demands unrestricted access to BB

A delegation from the economic reporters' apex body - ERF - has demanded hassle-free and unrestricted entry into the Bangladesh Bank (BB) headquarters.The Economic Reporters' Forum placed the demand during a meeting with the BB governor on Thursday regarding the restrictions on financial journalists' access to the central bank.ERF president...

Nuclear, coal plants may limit gas-fired power gen in Bangladesh: Report

Bangladesh's new nuclear facilities, coal-fired plants and renewable energy may limit full-capacity utilisation of gas-fired power plants in the near term, according to a latest report.The latest Global LNG Outlook 2024-2028 from the Institute for Energy Economics and Financial Analysis (IEEFA) also observed that Bangladesh might opt for gas-fired peaking...

Heatwave causes Tk 2b poultry losses in 10 days

Around 100,000 chickens are dying each day due to heatstroke during the ongoing heatwave, according to poultry farmers, causing firms to incur Tk 200 million loss per day.These losses translate to Tk 2 billion worth of birds being lost in the past ten days, said the Bangladesh Poultry Association. They...

14 BD products awarded GI certification

The government has awarded Geographical Indication (GI) certificates to 14 renowned Bangladeshi products, including Tangail sarees, reports bdnews24.com.About 500 products have been indentified eligible for GI Certification.Industries Minister Nurul Majid Mahmud Humayun presented the certificates to the respective organisations at the Foreign Service Academy on Dhaka's Bailey Road on Thursday.Besides...

Rejoinder (2024-04-26)

The management of Abdul Monem Sugar Refinery, in a rejoinder issued on Thursday, termed inappropriate the news item headlined 'Abdul Monem Group's bank accounts frozen' published in the Thursday issue of The Financial Express."The comment on misuse of the bond facility and illegal sale in the open market is not...

KSA braced for heavy rainfall from today

RIYADH: Saudi Arabia is set to receive more rainfall toward the weekend, with Riyadh and its outskirts likely to witness heavy rains from Friday to next Tuesday, according to a report published on www.arabnews.com.In addition, the National Center for Meteorology said on Tuesday: "May forecasts indicate a chance of higher...