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

Khulna's 'white gold' farmers eye Tk 226b export goal

KHULNA, Sept 18 (UNB): Shrimp, once known as the 'white gold' of Bangladesh's southwest and a major export from Khulna, has declined due to fierce global competition and the growth of vannamei shrimp farming in neighbouring countries.Now, after years of stagnation, the sector is showing signs of recovery as the...

BD, Denmark discuss PPP projects

The 2nd joint platform meeting between Bangladesh and Denmark was held at the Public Private Partnership (PPP) Authority office in Dhaka on Thursday. A key outcome of the meeting was the mutual approval of a local partner of APM Terminals (APMT) for the upcoming Laldia Container Terminal Project.At the meeting...

Huge rice import thru Hili Port drives down market prices

A significant volume of rice, totaling 104,859 metric tons, has been imported through the Hili Land Port over the past 35 days, leading to a notable decrease in rice prices across the country, reports BSS.Md. Shakhawat Hossain Shilpi, president of the Dinajpur Hili Land Port Importer-Exporter Association, confirmed on Thursday...

Singaporean non-resident High Commissioner meets BGMEA President

Singapore's Non-Resident High Commissioner Derek Loh Eu Tse has met President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Mahmud Hasan Khan, reports BSS.Loh was accompanied by Charg‚ d'Affaires of the Singapore High Commission, Mitchel Lee among others.The meeting featured open discussions on bilateral trade, investment, logistics, port management,...

Gold takes a breather as markets weigh Fed's policy stance

Gold prices fell on Thursday due to profit-taking, after scaling a record peak in the previous session, as markets assessed the Federal Reserve's stance on further interest rate cuts, reports Reuters.Spot gold was down 0.6 per cent at $3,638.33 per ounce as of 9:41 am EDT (1341 GMT). US gold...

BKASH-BIGGANCHINTA 'SCIENCE FESTIVAL' HELD IN RANGPUR, RAJSHAHI

bKash and Bigganchinta organised the regional phase of the 'Science Festival' in Rangpur and Rajshahi divisions to encourage school students to develop Interest and passion for science. Following Dhaka phase, over 1,500 students from around 100 schools participated in the festival in these two divisional cities. Dean of the Faculty...

Oil edges higher---

LONDON, Sept 18 (Reuters): Oil prices inched higher on Thursday after the Federal Reserve cut interest rates as traders weighed the start of looser monetary policy against concerns about the US economy.Brent crude futures were up 10 cents, or 0.15 per cent, at $68.05 a barrel by 1201 GMT. US...