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

Oil prices steady _

LONDON, Dec 18 (Reuters): Oil prices steadied on Thursday as investors assessed the likelihood of further US sanctions against Russia and the supply risks posed by a blockade of Venezuelan oil tankers.Brent crude dropped 1 cent to $59.67 per barrel at 1133 GMT. US West Texas Intermediate crude was up...

CID submits charge sheet against Alif World Chairman, MD

The Criminal Investigation Department (CID) has submitted the charge sheet against Chairman M Aynal Haque and Managing Director (MD) Mohammad Rashedul Islam Rayon of Alif World Marketing Ltd over allegations of fund embezzlement and money laundering worth Tk 28.7 million (Tk 2.87 crore), reports BSS.The CID has found that the...

Govt appoints Administrator to Bangladesh Chemists and Druggists Samity

The government has appointed an administrator to the Bangladesh Chemists and Druggists Samity, reports BSS.According to an office order issued by the Ministry of Commerce, the ministry has appointed Mahmudul Hasan, Director (Joint Secretary) of the Export Promotion Bureau, as the Administrator of the Bangladesh Chemists and Druggists Samity under...

Amir Masud new MD (CC) of Jamuna Oil Company

CHATTOGRAM, Dec 18: The government has appointed Engineer Md Amir Masud as the Managing Director (current charge) of Jamuna Oil Company Limited (JOCL), a subsidiary of Bangladesh Petroleum Corporation (BPC).The appointment will remain effective until further notice, according to an official order issued on Thursday.Prior to his new assignment, Amir...

SME FOUNDATION AWARDS CERTIFICATES TO ENTREPRENEURS

The SME Foundation awarded certificates to entrepreneurs who have benefited from its Business Incubation Centre, which offers various services aimed at promoting entrepreneurship. The event was held at Parjatan Bhaban in Dhaka on Thursday, with Md Mushfiqur Rahman, Chairperson of the SME Foundation, in the chair. Nurul Hye, Managing Director...

OATH-TAKING CEREMONY OF CENTRAL EMPLOYEES' UNION OF BANGLADESH SUGAR AND FOOD INDUSTRIES CORPORATION

The oath-taking and projection ceremony of the newly-elected committee of the Central Employees' Union of the Bangladesh Sugar and Food Industries Corporation (BSFIC) was held on Thursday. Faruk Mia Jamaddar was elected President, and Md. Suman General Secretary. Rashidul Hasan, Chairman of the BSFIC, was present as the chief guest....

Gold down on firm dollar ahead of US inflation data

Gold prices slipped on Thursday, weighed down by a stronger dollar as investors remained cautious ahead of US inflation data that could shape the Federal Reserve's policy path, while silver hovered near record highs, reports Reuters.Spot gold fell 0.4 per cent to $4,323.57 an ounce as of 1210 GMT. US...

India to tackle sugar surplus with higher exports, ethanol diversion

NEW DELHI, Dec 18 (Reuters): India aims to shield sugarcane farmers from income losses by managing surplus supplies through exports and diverting more sugar for ethanol production, a senior government official said on Thursday.Higher exports from the world's second-largest sugar producer could pressure benchmark New York and London futures ,...

Asia's imports of US energy drop in 2025 despite Trump trade moves

LAUNCESTON, Australia, Dec 18 (Reuters): Asia's imports of US crude oil, coal and liquefied natural gas are on track to decline this year despite President Donald Trump's efforts to boost shipments as part of his trade and tariff policies.The decline in imports from the United States is largely driven by...