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

Govt to procure two LNG cargoes, 33m litres of edible oil, 50,000 tonnes of rice

The government approved on Thursday separate proposals for procuring some two cargoes of LNG, 3.30cr litres of edible oil, 50,000 tonnes of rice and 70,000 tonnes of fertilizer to meet the growing demand of the country.The approvals came from the 15th meeting of the Advisers Council Committee on Government Purchase...

S A Group organised a 'Champion Dealers' Retreat'

The S A Group organised a 'Champion Dealers' Retreat' at a hotel at Cox's Bazar recently. The programme included a cultural function, dinners, group tours, etc. The top officials of S A Group and dealers were present at the function.

US unveils new port fees for Chinese-linked ships

WASHINGTON, April 18 (AFP) : The United States unveiled new port fees on Chinese built and operated ships Thursday, in a bid to boost the domestic shipbuilding industry and curb China's dominance in the sector.The move -- which stems from a probe launched under the prior administration -- comes as...

Coal shortage cuts Matarbari power generation

CHATTOGRAM, Apr 18: The production of two units at the Matarbari Ultra Super Critical Coal Fired Power Plant has decreased alarmingly due to a shortage of coal. Officials from the Coal Power Generation Company Bangladesh Limited (CPGCBL) confirmed that power generation recently declined, particularly in the current month, at the...

Japan rice prices soar as core inflation accelerates

TOKYO, April 18 (AFP) : Rice prices in Japan last month were almost twice what they were a year earlier, official data showed Friday, as core inflation accelerated in the world's number four economy.The price of the grain has soared in recent months, prompting Japan's government to release some of...

Govt to procure paddy directly from genuine farmers: DG

SUNAMGANJ, April 18 (BSS): Directorate General of Food Director General Md Abul Hasanath Humayun Kabir said on Thursday the government would procure paddy directly from genuine farmers to stop harassment of farmers and remove the influence of middlemen and brokers."The government has taken up the porgramme to ensure fair price...